IR-releases

JSC TGC-1 releases audited consolidated financial statements (prepared in accordance with IFRS) for the year ended 31 December 2011.

TGC-1 will release 12M 2011 IFRS consolidated financial results on Thursday, 26th April, on the company’s website www.tgc1.ru, followed by a Conference Call in Russian and English.

On March 15, TGC-1 has fully settled its obligations to repurchase bonds of series 01.

The TGC-1’s Board of Directors approved a list of candidates to the Company’s Board of Directors to be voted for at the Annual General Shareholder Meeting.

On March 11, 2012, TGC-1 has successfully completed issuing 10-year bonds of series 04 at MICEX. The bonds were completely sold out in the market.

JSC TGC-1 published its financial statements for 2011, made under Russian Accounting Standards (RAS).

On March 2, 2012, TGC-1 set an interest rate equal to 7.6% per annum for 11-14th coupons of TGC-1’s bonds of series 01. The interests to be paid are 37 rubles 90 kopecks per each Issuer’s bond.

JSC TGC-1 has drawn its production results in the 4th quarter and the 12 months of 2011.

JSC TGC-1 placed bonds for financing of its Investment programme. The bonded loan of JSC TGC-1 series 03 was placed by open subscription on December 27, 2011. The bonded loan was fully bought out by the market.

On December 27, 2011 placement of 2 million bonds of JSC TGC-1 of series 03 with a nominal value of 1 thousand rubles each for the period of 10 years by open subscription will start at MICEX stock exchange.

On December 8, 2011 Federal Financial Markets Service of Russia registered the issues and prospectus of bonds of JSC TGC-1 series three to six for the total amount of 8 billion rubles, placed by public subscription for the purpose of financing the implementation of CCGT-450 construction project at Pravoberezhnaya CHPP.

JSC TGC-1 releases its interim abbreviated consolidated Financial Statements for the 9 months period ended September 30, 2011 prepared in accordance with International Financial Reporting Standards (IFRS).

The Company’s revenue for the period from January till September of 2011 equaled 41.5 billion rubles which exceeded the identical result of the last year by 20%.

On October 27th, 2011 the Board of Directors of JSC TGC-1 approved the prospectus for the issue of the Company’s bonds. Four tranches of debt securities (3rd, 4th, 5th and 6th series) with the amount of 2 million rubles each will be issued for the period of 10 years. Par value of bonds is one thousand rubles per bond.

Gross electricity output by power plants of JSC TGC-1 in Saint Petersburg, Republic of Karelia, Leningrad Oblast and Murmansk Oblast (including Murmanskaya CHPP) for 9 months of the year 2011 equaled 20,718.5 million kW/h.

The Board of Directors has approved the General Director’s report on the results of implementing the business plan of the Company and the progress of investment projects in the 1st half of 2011 during its ordinary meeting.

JSC TGC-1 releases its summary interim consolidated Financial Statements for the six months ended June 30, 2011 prepared in accordance with International Financial Reporting Standards (IFRS).

JSC TGC-1 publishes its Accounting Statements for the first half of 2011 prepared under Russian Accounting Standards.

The volume of electric energy output produced by the generating enterprises of the Company, including Murmanskaya CHPP, for 6 months of the current year has increased on 4.8 % and has made 15,132 million kW/h.

On July, 11th, 2011 JSC TGC-1 Board of Directors discussed financial questions of CCGT-450 construction of Pravoberezhnaya CHPP project implementation and made the decision to change SPV scheme to issue of bonded loan.