Results of the BoD on June 30

July 1, 2015

Results of the Board of Directors on June 30, 2015

JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting in absentia on June 30, 2015.

In accordance with p. 2.11 of Regulations on disclosure of information by the issuers of securities and due to a lack of voting results the Company announces the decisions of the Board of Directors on separate issues of the agenda.

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The Board of Directors elected Yuri Trutnev, Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District, as Chairman of the Board.

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The Board of Directors approved a share purchase agreement between RusHydro and JSC Federal Grid Company of Unified Energy System (FGC UES) for purchase of shares of JSC Energy Main Computer Center (EMCC), qualified as interested party transaction, and determined the price of 16,280 ordinary shares of EMCC to be acquired under the agreement from FGC UES in the amount of RUB 568,000,000. The shares should be paid in cash.

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The Board of Directors approved an assignment of claim agreement between RusHydro and FGC UES, qualified as interested party transaction, and determined the price of FGC UES's rights (monetary claims) to EMCC assigned to RusHydro under the agreement in the amount of RUB 97,979,060.38. The claim should be paid in cash as well as by set-off.

According to the agreement FGC UES assigns its rights (monetary claims) to EMCC in the amount of RUB 97,979,060.38 to RusHydro. These rights arise in accordance with the Agreement No. KV-301208 of December 30, 2008, and the Agreement No. 72/2010 of October 4, 2010, and minutes of the Management Board meetings of JSC RAO UES of Russia No. 1688pr/1 of June 20, 2007, and No. 1865pr/2 of April 30, 2008, on the distribution of profit of JSC EMCC for 2006 and 2007, supported by decisions of the Commercial Court of Moscow under case No. А40-111780/12137-1029 of November 23, 2012, and case No. А40-92989/12102-851 of October 18, 2012, and by writs of execution issued thereupon. And RusHydro accepts and pays for these rights.

 About RusHydro

RusHydro Group is one of Russia's largest generating companies. RusHydro is the leading producer of renewable energy in Russia with over 70 generating facilities in Russia and abroad. The company also manages a number of R&D, engineering and electricity retail companies. Group's thermal assets are operated by subsidiary - RAO Energy System of East in the Far East of Russia. Total electricity generation capacity of the Group is 38.5 GW, heat capacity - 16.2 thousand GCal/h.

Russian Federation owns 66.8% in RusHydro, the rest is held by other institutional and individual shareholders (over 360,000). The company's stock is traded on Moscow Exchange (MOEX), and included in MSCI EM и MSCI Russia indexes. Company's GDRs in the IOB section of LSE, ADRs - in OTCQX.

For more information:

Investor Relations Department

Tel. +7 (800) 333 8000 ext. 1607, 1319, 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," "plan", "aim", "target", "forecast", "project", "should", "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 and political 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.