Agenda of the BoD on August 26, 2011

August 25th, 2011

Agenda of the Board of Directors Meeting On August 26, 2011

JSC RusHydro (RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces the agenda of the meeting of the Board of Directors to be held in the form of absentee voting on August 26, 2011.

Agenda of the Board of Directors meeting includes the following issue:

1. Approval of valuation of non-cash asset that will accepted as payment for shares of additional issue of RusHydro.

The information on the results of the Board of Directors meeting will be disclosed in accordance with the established procedure.

The foregoing information is disclosed in compliance with the Securities Act of the Russian Federation.

For more information:

JSC RusHydro, Investor Relations Department

Tel. +7 (495) 225-3232 ext. 1319, 1394, 1607

[email protected]

DISCLAIMER

The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. One can identify forward-looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements.

We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia and rapid technological and market changes in our industries, as well as many other risks specifically related to RusHydro and its operations.