Agenda of the BoD on December 24, 2012

December 19h, 2012

Agenda of the Board of Directors on December 24, 2012

JSC RusHydro announces the agenda of the Board of Directors to be held in absentia on December 24, 2012.

The agenda includes the following items:

1. On approval of the Company's transactions.

2. On interim results of RusHydro's 2012 business-plan execution as of 9 months of 2012 (including report on implementation of investment program, comprising report on implementation of generating facilities modernization program for 9 months of 2012)

3. On execution of the Company's KPIs in the third quarter of 2012

4. On approval of RusHydro's procurement plan for 2013

5. On amendments and additions to the Company's charitable and sponsor activities plan for 2012.

The information on decisions of the Board will be made available in compliance with Russian regulatory requirements.

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.