Company News

JSC “TGC-1” releases its audited consolidated Financial Statements for the period ended December 31, 2010 prepared in accordance with International Financial Reporting Standards (IFRS).

April 5, 2011 — TGC-1 finalized the complex refurbishment of the 2nd unit at the Iovskaya HPP (the Niva HPPs Cascade).

TGC-1 will publish its unaudited financial report under International Financial Reporting Standards (IFRS) for 2010 year on Tuesday, April 5, 2011 and hold a conference-call for investors and analysts to discuss Company’s performance for FY 2010.

TGC-1 releases its financial statement for 2010 according to Russian accounting standards.

New CCGT-450 unit at the Yuzhnaya CHP has passed pre-commisioning tests, the final stage before its operation market activity.

St. Petersburg, March 1, 2011 — Pervomayskaya CHP starts operation according to the agreement signed on the submission of capacity. This is the pilot 180 MW CCGT unit 180MW passed pre-commissioning performance tests in October, 2010.

On February 28, 2011 TGC-1 set new unit of 29,5MW at the Lesogorskaya HPP of the Vuoksi HPPs Cascade

February 28, 2011 new unit of the Lesogorskaya HPP of the Vuoksa HPPs Cascade will be set in operation from St.Petersburg.

February 15, 2011. In St. Petersburg there takes place the annual meeting of three countries Commitee on the questions of regulation of the Lake Inari system.

TGC-1 announces that it successfully finished pre-commissioning testing of a new 29.5MW hydraulic unit at Lesogorskaya hydroelectric power plant (HPP) of Vuoksa cascade in the Leningrad region. The main equipment and automatic control system of the new turbine have worked in a normal mode during the tryout. Currently the final tune-up is underway at the station as it readies for a start of commercial operation.