Agenda of the BoD on November 02, 2011

October 24th, 2011

A regular meeting of JSC RusHydro's Board of Directors will take placeon the 2nd of November 2011

JSC RusHydro (RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces that a meeting of the Board of Directors will take place on the 2nd of November in an absentee form.

The agenda of the board of directors meeting includes the following issues:

1. Participation of JSC RusHydro in other organizations, change of a participation interest (number of stocks, shares and interests), encumbrance of stocks and interests and termination of JSC RusHydro's participation in other organizations.

2. Determining the maximum service cost for an audit of JSC RusHydro's financial statements prepared in compliance with the Russian accounting standards (RAS) for 2013-2014.

The results of the meeting will be disclosed in accordance with the established procedure.

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.