October 31, 2017. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting in absentia on October 27, 2017.

The Board of Directors approved item of the agenda of the general meeting of shareholders of JSC Yakutskaya GRES-2: conclusion a significant transaction – conclusion of an addendum to the General Contractor agreement on construction of Yakutskaya GRES-2 (1st stage) as of Feb 24, 2014, ¹01/ZRUH/13-121293. The transaction is qualified as significant transaction, exceeding 50% of the book value of JSC Yakutskaya GRES-2.

Parties to the agreement: PJSC RusHydro and JSC TEK Mosenergo.

As part of agreement, the date of readiness for launch is set for September 30, 2017, the date of completion – October 30, 2017.
Conclusion of the addendum doesn’t lead to a change in the maximum price of transaction, which constitutes RUB 20,507 million.