RusHydro Has Paid the Dividend for 2010

August 30th, 2011

RusHydro Has Paid the Dividend for 2010

JSC RusHydro (ticker symbol: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces that it has paid the dividend for the year ended December 31, 2010.

The total amount due for payment is RUR 2,496,867,427.35. The dividend paid accounted for RUR 2,491,907,524.71. The payment was made in full to all shareholders, except those who didn't notified the registrar of the change of their personal information and those whose details were not correctly taken accounted for by the registrar.

The Annual General Meeting of shareholders approved the payment of dividend in the amount of RUR 0.00860091 per share for FY2010 on June 30, 2011.

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.