FEDERAL GRID CO UN RUB0.50

ISIN: RU000A0JPNN9 WKN: FEESS JSC Federal Grid Company of the Unified Energy System (JSC FGC UES) has been created in accordance with the Russian power industry reforming program as the organization to manage UNEG with main goals of its preservation and development. Unified National (All-Russian) Electric Grid is the foundation of the Unified Energy System of Russia.

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>According to the Federal Law -35-FZ ,On the Electric Power Industry- dated the 26th of March, 2006, Unified National (All-Russian) Electric Grid is a set of electric grids and other electric grid facilities owned by the electric power industry’s entities or any other entities beneficially or as otherwise provided for by the federal laws and ensuring sustainable electricity supply to consumers, functioning of the wholesale market, as well as parallel operation of the Russian electric power system and the electric power systems of foreign countries.

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>Main areas of Company’s operations include:

>- managing the Unified National (All-Russian) Electric Grid;

>- providing services to the wholesale power market participants: electric energy transmission, new connections to the electric grid;

>- conducting investments in order to develop the Unified National (All-Russian) Electric Grid;

>- maintaining and repair backbone electric grid facilities;

>- providing technical supervision over the condition of electric grid facilities that constitute the UES of Russia.