Results of the BoD on November 28,2013

November 29, 2013

Results of the Board of Directors on November 28, 2013

JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting on November 28, 2013.

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The Board of Directors approved resignation of Marina Lukyanova, corporate secretary of RusHydro, and appointed new corporate secretary of the Company, Maxim Zavalko, Head of Corporate governance department of RusHydro.

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The Board of Directors approved the Company's priorities for 2014.

The Board of Directors commissioned Evgeny Dod, Chairman of the Management Board of RusHydro, to update the Company's strategic plan till December 31, 2014, in accordance with the government's decree No. 1111-r of July 1, 2013, On approval of the Forecast plan (program) of privatization of the federal property and the main trends of privatization of the federal property for 2014-2016; and Regulations on strategic management of RusHydro.

The Board of Directors commissioned Evgeny Dod to ensure that the corporate risk management system is reviewed by the Audit Committee of the Board of Directors till February 1, 2014.

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 36.5 GW, heat capacity - 16.2 thousand GCal/h.

Russian Federation owns 67.1% in RusHydro, the rest is held by other institutional and individual shareholders (over 360,000). The company's stock is traded on the MICEX and RTS stock exchanges, 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," "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.