Appointment of Director General at JSC Lenenergo

JSC ROSSETI

Appointment of Director General at JSC Lenenergo

19 January 2015. Moscow, Russia. - JSC ROSSETI (LSE: RSTI) (the "Company"), the largest electricity transmission and distribution grid company in Russia, today announces that Vasily Nikonov, Deputy Director General for Government Relations at JSC Lenenergo, a subsidiary of the Company (the "Subsidiary"), has been appointed Acting Director General of the Subsidiary effective 17 January 2015. The decision to appoint Mr. Nikonov was taken at the meeting of the Subsidiary's Board of Directors held on 16 January 2015.

Since 2010, the position of Director General of the Subsidiary had been held by Andrey Sorochinsky.

Vasily Nikonov has considerable experience serving in management roles in the sector, including Director General of OJSC Volga TGC, Director of the electric-power development department at Ministry of Energy of the Russian Federation and Director of the Energy Department at Rosneft.

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For further information:

JSC ROSSETI

Maria Stepanova, Head of IR +7(495) 995 5333 (ext. 3961)

Yulia Martynova, IR +7 (495) 995 5333 (ext. 3834)

EM

Thomas Kiehn +7 (495) 363 2846

Yuri Krebs +7 (495) 363 2840

JSC ROSSETI is the largest electricity transmission and distribution grid company in Russia. It is also one of the largest electricity transmission and distribution grid companies in the world by length of electricity lines and installed transformer capacity. JSC ROSSETI holds interests in and manages 15 distribution grid companies and Federal Grid Company in Russia. The Company together with its subsidiaries owns and operates 2.26 million kilometers of electricity transmission and distribution lines with a total installed transformer capacity of 743 GVA. The Company operates in 74 regions of Russia covering an area of 13.6m sq. km.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of JSC ROSSETI. You 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. 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, rapid technological and market change in our industry, as well as many other risks specifically related to JSC ROSSETI and its operations.