Notice of FY 2013 dividend payment procedure

July 16, 2014

Notice of FY 2013 dividend payment procedure

JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that it has signed an agreement with JSC Registrar R.O.S.T. on dividend distribution services. According to the agreement Registrar R.O.S.T. will make dividend payments for 2013 financial year on behalf of RusHydro. The price of the agreement amounts of 0.5% of the amount of dividends accrued that will be distributed via Registrar R.O.S.T. According to the agreement RusHydro is entitled to determine the list of shareholders to whom dividends will be distributed directly from RusHydro.

On June 27, 2014, the Annual General Meeting of shareholders of RusHydro resolved to pay dividends for 2013 in the amount of RUB 0.01358751 per share.

Registrar R.O.S.T. will provide the following services under agreement:

- payment of dividends via wire transfer to nominee shareholders, who are professional participants of the securities market, registered in the shareholder register;

- payment of dividends via wire transfer to legal entities registered in the shareholder register;

- payment of dividends via mail transfer to individual shareholders registered in the shareholder register;

- payment of dividends via wire transfer to individual shareholders registered in the shareholder register, who had identified "bank transfer" as preferred way of payment;

- recording of paid, unpaid and reimbursed dividends.

For more information:

JSC RusHydro, Investor Relations Department

Tel. +7 (495) 225-3232 ext. 1607, 1304

[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.