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Unified Energy System

December 30, 2005

Companies spun off from OAO "Chitaenergo" and OAO "Buryatenergo" complete state registration

Moscow, 30 December 2005. In accordance with the plan for regional energos' restructuring, seven new companies spun off from OAO "Chitaenergo" and OAO "Buryatenergo" have completed their registration with the authorities.

OAO "Chitaenergo":

 - OAO "Chita Generation Company"

 - OAO "Chita Energy Retail Company"

 - OAO "Chita Transmission Grids"

OAO "Buryatenergo":

 - OAO "Buryatgeneratsiya"

 - OAO "Buryatenergosbyt"

 - OAO "Buryatia Transmission Grids"

 - OAO "Buryatia Management Company"

In accordance with the schedule for regional energos' restructuring, the authorities granted registration to 230 companies established as a result of reorganization of 55 subsidiaries and dependent companies (SDCs) of RAO "UES of Russia"*: OAO "Arkhenergo", OAO "Astrakhanenergo", OAO "Belgorodenergo", OAO "Bryanskenergo", OAO "Buryatenergo", OAO "Vladimirenergo", OAO "Voronezhenergo", OAO "Volgogradenergo", OAO "Vologdaenergo", OAO "Dagenergo", OAO "Ivenergo", OAO "Kabbalkenergo", OAO "Kalmenergo", OAO "Kalugaenergo", OAO "Kamchatskenergo", OAO "Karachaevo-Cherkesskenergo", OAO "Karelenergo", OAO "Kirovenergo", OAO "Kolenergo", OAO "Kostromaenergo", OAO "Krasnoyarskenergo", OAO "Kurskenergo", OAO "Lenenergo", OAO "Lipetskenergo", OAO "Marienergo", OAO "Mordovenergo", OAO "Mosenergo", OAO "Nizhnovenergo", OAO "Novgorodenergo", OAO "Omskenergo", OAO "Oryolenergo", OAO "Orenburgenergo", OAO "Penzaenergo", OAO "Permenergo", OAO "Pskovenergo", OAO "Rostovenergo", OAO "Ryazanenergo", OAO "Samaraenergo", OAO "Saratovenergo", OAO "Sverdlovenergo", OAO "Sevkavkazenergo", OAO "Smolenskenergo", OAO "Stavropolenergo", OAO "Tambovenergo", OAO "Tverenergo", OAO "Tomskenergo", OAO "Tulenergo", OAO "Tyumenenergo", OAO "Udmurtenergo", OAO "Ulyanovskenergo", OAO "Khakasenergo", OAO "Chelyabenergo", OAO "Chitaenergo", OAO "Chuvashenergo", and OAO "Yarenergo".

To date, the functional separation has been fully completed at 44 subsidiaries and dependent companies of RAO "UES of Russia".

________________________________________________________________________________

* Timings of state registration of the companies spun off from regional energos:

No.

Regional energos

Spin-off Companies

Date of new company's state registration

 

Basic Plan for Restructuring of Regional Energos

 

1

OAO "Arkhenergo"

OAO "Arkhangelsk Generation Company"

1 April 2005

 

OAO "Arkhangelsk Transmission Grid Company"

1 September 2005

 

OAO "Arkhangelsk Retail Company"

1 April 2005

 

2

OAO "Astrakhanenergo"

OAO "Astrakhan Regional Generation Company"

11 January 2005

 

OAO "Astrakhan Transmission Grids"

1 September 2005

 

OAO "Astrakhan Energy Management Company"

11 January 2005

 

OAO "Astrakhan Energy Retail Company"

11 January 2005

 

3

OAO "Belgorodenergo"

OAO "Belgorod Retail Company"

1 October 2004

 

OAO "Heat Energy Company"

1 October 2004

 

OAO "Power Grid Company"

1 April 2005

 

OAO "Belgorod Transmission Grid Company"

1 April 2005

 

4

OAO "Bryanskenergo"

OAO "Bryansk Generation Company"

1 October 2004

 

OAO "Bryansk Retail Company"

1 October 2004

 

OAO "Bryansk Energy Management Company"

19 April 2004

 

OAO "Bryansk Transmission Grid Company",

1 September 2005

 

5

OAO "Buryatenergo"

OAO "Buryatgeneratsiya"

30 December 2005

 

OAO "Buryatenergosbyt"

30 December 2005

 

OAO "Buryatia Transmission Grids"

30 December 2005

 

OAO "Buryatia Management Company",

30 December 2005

 

6

OAO "Vladimirenergo"

OAO "Vladimir Energy Retail Company"

1 January 2005

 

OAO "Vladimir Generation Company"

1 January 2005

 

OAO "Vladimir Energy Company"

15 January 2005

 

OAO "Vladimir Transmission Grids"

1 September 2005

 

7

OAO "Volgogradenergo"

OAO "Volzhskaya Generation Company"

1 January 2005

 

OAO "Volga-Don Energy Complex Management Company"

1 January 2005

 

OAO "Volgogradenergosbyt"

1 January 2005

 

OAO "Volgograd Transmission Grids"

1 September 2005

 

8

OAO "Vologdaenergo"

OAO "Cherepovetskaya TPP"

1 October 2005

 

OAO "Vologodskaya CHPP"

1 October 2005

 

OAO "Vologda Retail Company"

1 October 2005

 

OAO "Vologda Transmission Grids"

1 October 2005

 

9

OAO "Voronezhenergo"

OAO "Voronezh Generation Company"

31 August 2004

 

OAO "Voronezh Energy Retail Company"

31 August 2004

 

OAO "Voronezh Management Energy Company"

31 August 2004

 

OAO "Voronezh Transmission Grid Company"

1 September 2005

 

10

OAO "Dagenergo"

OAO "Dagestan Regional Generation Company"

1 July 2005

 

OAO "Dagestan Energy Retail Company"

1 July 2005

 

OAO "Dagenergo Management Company"

3 May 2005

 

OAO "Dagestan Heat Generation Company"

3 May 2005

 

OAO "Dagestan Transmission Grids"

1 September 2005

 

11

OAO "Ivenergo"

OAO "Ivanovo Generation Company"

1 January 2005

 

OAO "Ivanovo Energy Retail Company"

1 January 2005

 

OAO "Ivanovo Management Energy Company"

14 January 2005

 

OAO "Ivanovo Transmission Grids"

1 September 2005

 

12

OAO "Kalugaenergo"

OAO "Kaluga Generation Company"

1 April 2004

 

OAO "Kaluga Retail Company"

1 April 2004

 

OAO "Kaluga Energy Management Company"

1 April 2004

 

OAO "Kaluga Transmission Grid Company"

1 April 2004

 

13

OAO "Karelenergo"

OAO "Karelenergogeneratsiya"

1 January 2005

 

OAO "Karelenergo Management Company"

1 January 2005

 

OAO "Karelia Energy Retail Company"

1 January 2005

 

OAO "Karelia Transmission Grids"

1 September 2005

 

14

OAO "Kirovenergo"

OAO "Vyatskaya Electricity and Heat Company"

1 May 2005

 

OAO "Kirovenergosbyt"

1 May 2005

 

OAO "Kirovenergo Management Company"

1 May 2005

 

OAO "Kirov Electricity Transmission Grids"

1 September 2005

 

15

OAO "Kolenergo"

OAO "Apatitskaya CHPP"

1 October 2005

 

OAO "Murmanskaya CHPP"

1 October 2005

 

- OAO "Kolskaya Generation Company";

1 October 2005

 

- OAO "Kolskaya Energy Retail Company"

1 October 2005

 

OAO "Kolskie Transmission Grids"

1 October 2005

 

16

OAO "Kostromaenergo"

OAO "Kostroma Generation Company"

1 January 2005

 

OAO "Kostroma Retail Company"

1 January 2005

 

OAO "Kostroma Transmission Grids"

31 August 2005

 

17

OAO "Krasnoyarskenergo"

OAO "Krasnoyarskaya Generatsiya"

1 October 2005

 

OAO "Krasnoyarskenergosbyt";

1 October 2005

 

OAO "Krasnoyarsk Transmission Grids"

1 October 2005

 

OAO "Tyvaenergoholding"

1 October 2005

 

18

OAO "Kurskenergo"

OAO "Kursk Generation Company"

1 February 2005

 

OAO "Kursk Energy Management Company"

1 February 2005

 

OAO "Kurskenergosbyt"

1 February 2005

 

OAO "Kursk Transmission Grids"

1 September 2005

 

19

OAO "Lenenergo"

OAO "Severo-Zapadnaya Energy Management Company"

1 October 2005

 

OAO "Petersburg Generation Company"

1 October 2005

 

OAO "Petersburg Retail Company"

1 October 2005

 

OAO "Petersburg Transmission Grids"

1 December 2005

 

20

OAO "Lipetskenergo":

OAO "Lipetsk Generation Company"

11 January 2005

 

OAO "Lipetsk Energy Management Company"

11 January 2005

 

OAO "Lipetsk Energy Retail Company"

11 January 2005

 

OAO "Lipetsk Transmission Grids"

1 September 2005

 

21

OAO "Marienergo"

OAO "Mari Regional Generation Company"

1 January 2005

 

OAO "Mari Regional Management Company"

1 January 2005

 

OAO "Marienergosbyt"

1 January 2005

 

OAO "Mari Transmission Grids"

1 September 2005

 

22

OAO "Mordovenergo"

OAO "Mordovia Generation Company"

1 February 2005

 

OAO "Mordovia Heat Network Company"

1 February 2005

 

OAO "Mordovia Energy Management Company"

1 February 2005

 

OAO "Mordovia Energy Retail Company"

1 February 2005

 

OAO "Mordovia Transmission Grid Company"

1 September 2005

 

23

OAO "Mosenergo"

OAO "Energy Management Company"

1 April 2005

 

OAO "Transmission Company"

1 April 2005

 

OAO "Moscow City Electricity Distribution Company"

1 April 2005

 

OAO "Moscow Heat Distribution Company"

1 April 2005

 

OAO "Moscow Regional Electricity Distribution Company"

1 April 2005

 

OAO "Mosenergosbyt"

1 April 2005

 

OAO "Specialized Design Bureau for Repair and Modernization"

1 April 2005

 

OAO "Mosteplosetenergoremont"

1 April 2005

 

OAO "Mosenergosetstroy"

1 April 2005

 

OAO "GRES-4" ("TPP-4")

1 April 2005

 

OAO "GRES-5" ("TPP-5")

1 April 2005

 

OAO "GRES-24" ("TPP-24")

1 April 2005

 

OAO "Zagorskaya Pumped Storage Hydroelectric Plant" (PSHP)

1 April 2005

 

24

OAO "Nizhnovenergo"

OAO "Nizhny Novgorod Generation Company"

1 February 2005

 

OAO "Nizhny Novgorod Management Energy Company";

1 April 2005

 

OAO "Nizhny Novgorod Retail Company"

1 April 2005

 

OAO "Nizhny Novgorod Energy Repair Company"

1 April 2005

 

OAO "Nizhny Novgorod Transmission Grid Company"

1 September 2005

 

25

OAO "Novgorodenergo"

OAO "Novgorod Generation Company"

1 April 2005

 

OAO "Novgorod Energy Retail Company"

1 April 2005

 

OAO "Novgorod Energy Management Company"

1 April 2005

 

26

OAO "Omskenergo"

OAO "Omsk Electricity Generation Company"

1 August 2005

 

OAO "Omsk Management Company"

1 August 2005

 

OAO "Omsk Energy Retail Company".

1 August 2005

 

OAO "Omsk Transmission Grid Company"

1 September 2005

 

27

OAO "Oryolenergo"

OAO "Oryol Generation Company"

1 April 2005

 

OAO "Oryol Retail Company"

1 April 2005

 

OAO "Oryol Energy Management Company"

1 April 2005

 

OAO "Oryol Transmission Grid Company"

1 October 2005

 

28

OAO "Orenburgenergo"

OAO "Orenburg Heat Generation Company"

1 July 2005

 

OAO "Iriklinskaya TPP"

1 July 2005

 

OAO "Orenburgenergosbyt"

1 July 2005

 

OAO "Orenburg Transmission Grids"

1 October 2005

 

29

OAO "Penzaenergo"

OAO "Penza Generation Company"

1 January 2005

 

OAO "Penza Energy Management Company"

1 January 2005

 

OAO "Penza Energy Retail Company"

1 January 2005

 

OAO "Penza Energy Repair Company"

1 January 2005

 

OAO "Penza Transmission Grid Company"

1 September 2005

 

30

OAO "Permenergo"

OAO "Perm Energy Management Company"

1 April 2005

 

OAO "Perm Generation Company"

1 April 2005

 

OAO "Yaivinskaya TPP"

1 April 2005

 

OAO "Perm Energy Retail Company"

1 April 2005

 

OAO "Permenergoremont"

1 April 2005

 

OAO "Permenergospetsremont"

1 April 2005

 

OAO "Perm Transmission Grid Company"

3 October 2005

 

31

OAO "Rostovenergo"

OAO "Rostov Generation Company"

11 January 2005

 

OAO "Energosbyt Rostovenergo"

11 January 2005

 

OAO "Rostovenergo Management Company"

11 January 2005

 

OAO "Rostovenergo Transmission Grid Company"

1 September 2005

 

32

OAO "Ryazanenergo"

OAO "Ryazan Heat Supply Company"

11 January 2005

 

OAO "Ryazan Management Company"

11 January 2005

 

OAO "Ryazan Energy Retail Company"

11 January 2005

 

OAO "Ryazan Transmission Grids"

1 September 2005

 

33

OAO "Sverdlovenergo"

OAO "Sverdlovsk Generation Company"

1 April 2005

 

OAO "Sverdlovsk Energy Management Company"

1 April 2005

 

OAO "Sverdlovenergosbyt"

1 April 2005

 

OAO "Serovskaya TPP"

1 April 2005

 

OAO "Sverdlovsk Energy Service Company"

1 April 2005

 

OAO "Sverdlovsk Transmission Grids"

3 October 2005

 

34

OAO "Smolenskenergo"

OAO "Smolensk Management Energy Company"

1 February 2005

 

OAO "Smolensk Generation Company"

1 February 2005

 

OAO "Smolenskenergosbyt"

1 February 2005

 

OAO "Smolenskaya TPP"

1 February 2005

 

OAO "Smolensk Energy Repair Company"

1 February 2005

 

OAO "Smolensk Transmission Electricity Grids"

1 September 2005

 

35

OAO "Stavropolenergo"

OAO "Stavropol Electricity Generation Company"

1 April 2005

 

OAO "Stavropol Management Company"

1 April 2005

 

OAO "Stavropolenergosbyt"

1 April 2005

 

OAO "Stavropol Heat Generation Company"

1 April 2005

 

36

OAO "Tambovenergo"

OAO "Tambov Generation Company"

11 January 2005

 

OAO "Tambov Energy Management Company"

11 January 2005

 

OAO "Tambov Energy Retail Company"

11 January 2005

 

OAO "Tambov Transmission Grid Company"

1 September 2005

 

37

OAO "Tverenergo"

OAO "Tver Generation Company"

11 January 2005

 

OAO "Tver Management Energy Company"

11 January 2005

 

OAO "Tver Energy Retail Company"

11 January 2005

 

OAO "Tver Energy Repair Company"

11 January 2005

 

OAO "Tver Transmission Grids"

1 September 2005

 

38

OAO "Tomskenergo"

OAO "Tomsk Energy Management Company"

31 March 2005

 

OAO "Tomsk Distribution Company"

31 March 2005

 

OAO "Tomsk Energy Retail Company"

31 March 2005

 

OAO "Tomsk Transmission Grids"

31 March 2005

 

OAO "Tomskenergoremont"

31 March 2005

 

OAO "Tomskelektrosetremont"

31 March 2005

 

39

OAO "Tulenergo"

OAO "Priokskaya Territorial Generation Company"

1 April 2005

 

OAO "Tula Energy Management Company"

1 April 2005

 

OAO "Tula Retail Company"

1 April 2005

 

OAO "Tula Transmission Grid Company"

1 September 2005

 

40

OAO "Tyumenenergo"

OAO "Surgutskaya TPP-1"

1 July 2005

 

OAO "Surgutskaya TPP-2"

1 July 2005

 

OAO "Nizhnevartovskaya TPP"

1 July 2005

 

OAO "Urengoiskaya TPP"

1 July 2005

 

OAO "Tyumen Regional Generation Company"

1 July 2005

 

OAO "Tyumen Energy Retail Company"

1 July 2005

 

OAO "Tyumen Transmission Grid Company"

1 September 2005

 

41

OAO "Udmurtenergo"

OAO "Udmurt Territorial Generation Company"

1 January 2005

 

OAO "Udmurt Management Energy Company"

1 January 2005

 

OAO "Udmurt Energy Retail Company"

1 January 2005

 

OAO "Udmurt Transmission Grids"

1 September 2005

 

42

OAO "Khakasenergo"

OAO "Khakassia Generation Company"

1 July 2005

 

OAO "Khakasenergosbyt"

1 July 2005

 

OAO "Khakassia Transmission Company"

1 July 2005

 

43

OAO "Chelyabenergo"

OAO "Chelyabinsk Generation Company"

31 January 2005

 

OAO "Chelyabinsk Management Energy Company"

31 January 2005

 

OAO "Chelyabenergosbyt"

31 January 2005

 

OAO "Yuzhnouralskaya TPP"

31 January 2005

 

OAO "Chelyabinsk Electricity Transmission Grids"

1 September 2005

 

44

OAO "Chitaenergo"

OAO "Chita Generation Company"

30 December 2005

 

OAO "Chita Energy Retail Company"

30 December 2005

 

OAO "Chita Transmission Grids"

30 December 2005

 

45

OAO "Chuvashenergo"

OAO "Chuvash Generation Company"

1 January 2005

 

OAO "Chuvash Management Company"

1 January 2005

 

OAO "Chuvash Energy Retail Company"

1 January 2005

 

OAO "Cheboksarskaya HPP"

1 January 2005

 

OAO "Chuvash Transmission Grids"

1 September 2005

 

46

OAO "Yarenergo"

OAO "Yaroslavl Energy Company"

11 January 2005

 

OAO "Yaroslavl Management Energy Company"

11 January 2005

 

OAO "Yaroslavl Retail Company"

11 January 2005

 

OAO "Yarenergoremont-Holding"

22 November 2004

 

OAO "ATP Yarenergo-Holding"

22 November 2004

 

OAO "Yaroslavl Transmission Grids"

31 August 2005

 

"Non-basic" Restructuring Plan

 

47

OAO "Kabbalkenergo"

OAO "Kabardino-Balkaria Hydrogeneration Company"

9 November 2005

 

OAO "Nizhne-Chereksky HPP Cascade"

28 November 2005

 

48

OAO "Kalmenergo"

OAO "Kalmenergosbyt"

28 October 2005

 

49

OAO "Kamchatskenergo"

OAO "Kamchatskie CHPPs"

21 June 2005

 

OAO "Central Electricity Grids"

21 June 2005

 

OAO "Southern Electricity Grids of Kamchatka"

21 June 2005

 

OAO "Pauzhetskaya GeoPP"

23 June 2005

 

OAO "Autotransport Enterprise"

23 June 2005

 

OAO "Kamchatka Heat Transmission Company"

30 June 2005

 

50

OAO "Karachaevo-Cherkesskenergo"

OAO "Karachaevo-Cherkessk Hydrogeneration Company"

29 October 2005

 

51

OAO "Sevkavkazenergo"

OAO "Severo-Osetinskaya Hydrogeneration Company"

13 October 2005

 

52

OAO "Pskovenergo"

OAO "Pskovenergosbyt"

18 August 2004

 

OAO "Pskovenergoagent"

18 August 2004

 

OAO "Pskovenergoauto"

23 August 2004

 

OAO "Pskovenergoservice"

23 August 2004

 

53

OAO "Samaraenergo"

OAO "Volzhskaya TGC"
OAO "Volzhskaya Interregional Distribution Grid Company"

1 August 2005
26 August 2005

 

54

OAO "Saratovenergo"

 

55

OAO "Ulyanovskenergo"

OAO "Ulyanovsk Transmission Grids"

29 July 2005

 

 

Information for the attention of stock market participants:

Shares in a spin-off company are distributed among shareholders of the company reorganized through spin-off.

The shares will be distributed to the regional energos' shareholders at a ratio established in the resolution of the reorganization of the company.

Shareholders who voted AGAINST the resolution to reorganize the regional energo or did not take part in the voting on that item of business will receive shares in the newly established companies of the corresponding class (type) in the amount equal to the number of shares of that class (type) in the reorganized regional energo held by them as at the date of the share placement.

The date on which the shares in the spin-off companies are placed is the date of state registration of the companies established as a result of regional energos' reorganization. The new shares are to be credited to the securityholder accounts with registrars and to the securities safekeeping accounts with securities depositories in accordance with the records in the share register of the regional energo as at such date.

The shares will be credited to the security holder accounts by the Registrar to be appointed by the Boards of Directors of the newly established companies.

Share issues of the spin-off companies are expected to be registered with the regulators within one and a half months after the date of the companies' state registration. Transactions in such shares may be effected after the state registration of the security issues.

 

 

 

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