Meeting of the Board of Directors of 16.05.2008 (Minutes No. 13)

Matter No. 1. Termination of powers of the Acting General Director of the Company, and elections of a new Acting General Director of the Company.

Decision:

1. To terminate the powers and effect of the labor agreement with the Acting General Director of IDGC of Volga, JSC, Tchannikov, Alexey Vladimirovich, as of May 19, 2008, on his initiative, according to clause 3 of Section 77 of the RF LC.

2. To include the following candidates in the list of candidates for voting on elections to the office of Acting General Director of IDGC of Volga, JSC:

No. / Candidate proposed for inclusion in the list for voting on elections of an Acting General Director of the Company / Position, place of work of the candidate proposed for inclusion in the list for voting on elections of an Acting General Director of the Company at the moment of nomination
Pakhomov, Sergey Vladimirovich / Deputy General Director for Technical Affairs – Chief Engineer of IDGC of Ural, JSC

3. To appointPakhomov, Sergei Vladimirovich, the Acting General Director of IDGC of Volga, JSC, as of May 20, 2008.

Matter No. 2. Determination of a person authorized to determine the terms of, and to sign, a labor agreement with the Acting General Director of the Company, as well as supplement agreements thereto.

Decision:

To authorize Chubais, Anatoliy Borisovich, Chairman of the Managing Board of UES of Russia RAO, JSC, to determine the terms of the labor agreement with the Acting General Director of IDGC of Volga, JSC, Pakhomov, Sergey Vladimirovich, including the term of validity thereof, and to sign the labor agreement, as well as supplement agreements thereto.

Matter No. 3. Determination of a person, authorized to act as the employer in respect to the Acting General Director of the Company.

Decision:

To postpone the consideration of this matter.

Matter No. 4. Application of the Rules of Material Incentives for the General Director of the Company to the Acting General Director of the Company.

Decision:

To apply in full the Rules of Material Incentives for the General Director of IDGC of Volga, JSC, approved by decision of the Board of Directors of the Company of 17.07.2007 (Minutes No. 1), to the Acting General Director of the Company as of the date of his appointment.

Matter No. 5. Approval of combination by the person acting as the individual executive body of the Company (the Acting General Director) of offices in management bodies of other organizations.

Decision:

To approve the combination by the Acting General Director of IDGC of Volga, JSC, Pakhomov, Sergey Vladimirovich, of the offices of Chairman of the Board of Directors of Yekaterinburg Power Selling Company and of member of the Managing Board of IDGC of Ural, JSC.