RusHydro Will MAke the First Coupon Payments

October 19th, 2011

RusHydro Will Make the First Coupon Payments on October 24, 2011

JSC RusHydro (ticker symbol: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces that it has received the list of holders of its domestic bonds of series 1 and 2 to execute the payment of the first coupon. The coupon payments will be made October 24, 2011.

RusHydro successfully placed RUR 15 bln of bonds at 8% in April 2011. The securities are included in quotation list A1 of MICEX Stock Exchange.

The foregoing information is disclosed in compliance with the Securities Act of the Russian Federation.

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.