Notice of postponement of the BoD

November 20th, 2012

Notice of postponement of the Board of Directors meeting to November 22, 2012

JSC RusHydro announces that according to the decision of the Chairman of the Board the Board of Directors meeting has been rescheduled from November 20 to November 22, 2012.

The agenda of the meeting remains unchanged and includes the following items:

1. On approval of decision on additional issue of RusHydro's shares.

2. On approval of the Securities Prospectus.

The information on decisions of the Board will be made available in compliance with regulatory requirements.

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.