Moscow, 17 May 2005. Today, the Federal Service for the Financial Markets (FSFM) of Russia Registered the issue and report on the issuance of ordinary shares of OAO "Sixth Generation Company of the Wholesale Electricity Market" (OAO "WGC-6"). The shares were issued in favour of the only founder of OAO "WGC-6, RAO "UES of Russia".
According to the share issue resolution filed with the FSFM of Russia, OAO "WGC-6" issued 23,008,616,898 ordinary shares, par value of RUB1 per share. The state registration number assigned to the share issue is 1-01-65106-D.
OAO "WGC-6" was registered on 17 March 2005 by the Inspectorate of the Federal Tax Service of Russia for Leninsky District, city of Rostov-on-Don. The Director General of the Company is Valentin Sanko.
OAO "WGC-6" comprises OAO "Ryazanskaya TPP", OAO "GRES-24" ("TPP-24" of OAO "Mosenergo"), OAO "Novocherkasskaya TPP-1", OAO "Kirishskaya TPP", OAO "Krasnoyarskaya TPP-2", and OAO "Cherepovetskaya TPP".
The resolution to establish OAO "WGC-6" as a wholly-owned subsidiary of OAO RAO "UES of Russia" was approved by the Board of Directors of RAO "UES of Russia" on 24 December 2004.