Information disclosure in relation to AGM

July1st, 2011

Information disclosure in relation to AGM

JSC RusHydro (ticker symbol: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces that the Annual General Meeting of shareholders was held June 30, 2011.

Agenda of the AGM included the following issues:

1. Approve the 2010 Annual Report and annual financial statements, including the Company's profit and loss statement

2. Profit distribution (including: dividend payments (announcement)) and the Company's losses based on results of FY 2010

3. Elect members of the Company's Board of Directors

4. Elect members of the Company's Audit Commission

5. Approve the appointment of the Company's auditor

6. Pay remuneration to members of the Company's Board of Directors

7. Determine the quantity, face value and category (type) of the Company's declared shares and the rights attached to these shares

8. Approve the Company's Articles of Association, as amended

9. Increase the Company's authorized capital

10. Approve the Provision on the Procedure for Convening and Running the Board of Directors meetings

11. Approve interested-party transactions.

As per regulations the full disclosure of the voting results will be done within 10 days after the AGM protocol is made.

The above information is disclosed in compliance with the Securities Act of the Russian Federation.

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.