Moscow, 31 August 2005. The Federal Service for Financial Markets (FSFM) of Russia registered on 30 August 2005 the share issues of the companies spun off from OAO "Khakasenergo". The FSFM registered the share issues and share placement reports of OAO "Khakassia Generation Company" and OAO "Khakasenergosbyt".
In accordance with the Resolutions on share issuance and share placement reports, the following amounts of shares were issued:
1. OAO "Khakassia Generation Company":
- 508,480 uncertificated registered preferred shares, par value RUB226.42 per share, for a total value of RUB115,130,041.6. The state registration number assigned to the share issue is 1-01-55093-E;
2. OAO "Khakasenergosbyt":
- 508,480 uncertificated registered preferred shares, par value RUB3.76 per share, for a total value of RUB1,911,884.8. The state registration number assigned to the share issue is 1-01-50143-A.
The state registration of the new companies was completed on 1 July 2005.
Previously, the FSFM of Russia registered the share issues of the companies spun off from OAO "Kalugaenergo", OAO "Bryanskenergo", OAO "Belgorodenergo", OAO "Voronezhenergo", OAO "Chuvashenergo", OAO "Vladimirenergo", OAO "Marienergo", OAO "Penzaenergo", OAO "Udmurtenergo", OAO "Karelenergo", OAO "Ryazanenergo", OAO "Kostromaenergo", OAO "Ivenergo", OAO "Yarenergo", OAO "Rostovenergo", OAO "Tverenergo", OAO "Chelyabenergo", OAO "Mordovenergo", OAO "Kurskenergo", OAO "Nizhnovenergo", OAO "Smolenskenergo", OAO "Tambovenergo", OAO "Astrakhanenergo", OAO "Volgogradenergo", OAO "Lipetskenergo", OAO "Mosenergo", OAO "Tulenergo", OAO "Sverdlovenergo", OAO "Novgorodenergo", OAO "Stavropolenergo", OAO "Oryolenergo", OAO "Permenergo", OAO "Tomskenergo", OAO "Dagenergo", OAO "Arkhenergo", OAO "Kirovenergo", OAO "Khakasenergo", and OAO "Orenburgenergo".
Information for the attention of stock market participants:
Shares in the spin-off companies were distributed among the existing shareholders of the company reorganized through spin-off.
Shareholders in the reorganized regional energo received, for each share of the relevant category (class) held by them, shares of the same category (class) in each of the newly established companies, at the ratio determined in the resolution on the reorganization of the regional energo concerned.
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 new shares are to be credited to the securityholder accounts by the Registrar maintaining the share registers of the newly established companies.