Annual Financial Report 2010 JSC RusHydro

Publication of Annual Financial Report for 2010

JSC RusHydro presents its Annual Financial Report for year 2010 including consolidated financial statements prepared in accordance with IFRS for the year ended 31 December 2010.

http://www.rns-pdf.londonstockexchange.com/rns/7339F_-2011-4-29.pdf

http://www.rns-pdf.londonstockexchange.com/rns/7339F_1-2011-4-29.pdf

The said document is also available on company website at http://www.eng.rushydro.ru/investors/reports/annual_financial_reports/

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.