FedGrid published its Annual Financial Report 2014

Federal Grid Company announces its Annual Financial Report for 2014 

Moscow, 23 April 2015 - Federal Grid Company of Unified Energy System ("Federal Grid"or the "Company", ticker: FEES on Moscow Exchange and LSE) , part of the Russian Grids Group of companies, the operator and manager of Russian unified electricity transmission grid system, publishes its Annual Financial Report for 2014. The document contains a comprehensive management report, responsibility statement, and audited financial statements.

The Report is available on the Company's website at www.federal-grid.com and at www.morningstar.co.uk/uk/NSM.

Company's profile

Federal Grid Company that forms a part of Russian Grids JSC Group of companies is the operator of the Unified National Electricity Grid of Russia. The Company manages 138.8 ths. km of power lines and has a total transforming capacity of more than 332.1 ths. MVA.

The Company is engaged in electric power transmission and provides technological connection services. The Company is the operator of the Unified National Electricity Grid (UNEG) and it is also engaged in technical supervision over grid facilities and infrastructure in 77 regions of the Russian Federation with a total area of more than 15.09 mln sq.km. Clients of Federal Grid Company are regional distributing grid companies, energy suppliers and large industrial corporations. The largest shareholder with a share of 80.13% is Russian Grids JSC.

Federal Grid Company was incorporated in June 2002 as part of the reform of the Russian energy sector.

Ordinary shares of Federal Grid Company are included in the MICEX quotation list under FEES ticker; Company's GDRs are quoted at the London Stock Exchange under the same ticker.

For further info, please visit www.federal-grid.com

For further info about Russian Grids JSC, please visit www.rugrids.ru