Company News

May 4, 2012, representatives of Council of Veterans of TGC-1 and company management will hold a traditional meeting with veterans of the World Warr II and Sieged Leningrad citizens at Vasileostrovskaya CHP.

JSC TGC-1 releases audited consolidated financial statements (prepared

in accordance with IFRS) for the year ended 31 December 2011.

TGC-1 is continuing the setting-up of the sound attenuator at Petrozavodskaya CHP which provides heat to more than 85% of the housing stock of the city.

April 24, 2012 TGC-1 has finished installation the rotor of the hydroelectric generator at Lesogorskaya HPP of the Vuoksa HPPs Cascade within the complex refurbishment project

On May 2012 power engineering specialists together with employers of the Interactive scientific and entertaining centre «Umnikum» start a series of lectures about efficient and safe energy use for children as a project called «Hour of Power».

April 13, 2012 TGC-1 has finished the refurbishment of the First Unit at Apatitskaya CHP in Murmansk Oblast.

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).