MINUTES of the Extraordinary General Meeting of Shareholders

RAO UES of Russia through a spin-off, and as of the date determined in accordance with
paragraph 3.6 of this resolution it does not reduce the number of shares owned by it,
which is specified in paragraph 3.3.3 of this resolution) if as of the date determined in
accordance with paragraph 3.6 of this resolution OJSC MMC NORILSK NICKEL
reduces the number of shares in RAO UES of Russia owned by it, which is specified in
paragraph 3.3.3 of this resolution, upon the following conditions:
3.3.21.1. One (1) ordinary share in JSC Intergeneration to be established through a spin-off shall
be allocated for (22,569,848,313 + 145,523,224 + 4,522,879,000+OS3+100+PS3)/((1+
100/4,522,879,000) * (144,338,947,437 – Z1 – P1)) ordinary shares in RAO UES of
Russia.
3.3.21.2. One (1) preference share in JSC Intergeneration to be established through a spin-off
shall be allocated for (22,569,848,313 + 145,523,224 + 4,522,879,000
+OS3+100+PS3)/((1+ 4,522,879,000/100) * (7,298,052,563 – Z2 – P2)) preference
shares in RAO UES of Russia.
Where:
OS3 – 416,590,290 ordinary shares in RAO UES of Russia. These shares shall be used in the
ratio if as of the date determined in accordance with paragraph 3.6 of this resolution MADAKE
ENTERPRISES COMPANY LIMITED votes For or Abstains, while voting on the issue of
reorganization of RAO UES of Russia through a spin-off, and owns at least 416,590,290 ordinary
shares in RAO UES of Russia and at least 20,000 preference shares in RAO UES of Russia.
PS3 – 20,000 preference shares in RAO UES of Russia. These shares shall be used in the ratio
if as of the date determined in accordance with paragraph 3.6 of this resolution MADAKE
ENTERPRISES COMPANY LIMITED votes For or Abstains, while voting on the issue of
reorganization of RAO UES of Russia through a spin-off, and owns at least 416,590,290 ordinary
shares in RAO UES of Russia and at least 20,000 preference shares in RAO UES of Russia.
P1 – the number of ordinary shares in JSC Intergeneration to be placed with the shareholders
in accordance with paragraph 3.3.2.5 of this resolution.
P2 – the number of preference shares in JSC Intergeneration to be placed with the
shareholders in accordance with paragraph 3.3.2.6 of this resolution.
Z1 – the number of ordinary shares in JSC Intergeneration to be placed with the shareholders
in accordance with paragraphs 3.3.9.3.1 and 3.3.12.2.1 of this resolution.
Z2 – the number of preference shares in JSC Intergeneration to be placed with the
shareholders in accordance with paragraphs 3.3.9.3.2 and 3.3.12.2.2 of this resolution.
3.3.22. The shares in JSC Sibenergyholding shall be allocated to OOO Gazoenergeticheskaya
Kompaniya (if it votes For or Abstains, while voting on the issue of reorganization of
RAO UES of Russia through a spin-off, and as of the date determined in accordance with
paragraph 3.6 of this resolution it does not reduce the number of shares owned by it,
which is specified in paragraph 3.3.3 of this resolution) if as of the date determined in
accordance with paragraph 3.6 of this resolution MADAKE ENTERPRISES COMPANY
LIMITED reduces the number of shares in RAO UES of Russia owned by it, which is
specified in paragraph 3.3.3 of this resolution, upon the following conditions:
3.3.22.1. One (1) ordinary share in JSC Sibenergyholding to be established through a spin-off
shall be allocated for (22,569,848,313 + 145,523,224 +4,522,879,000
+OS2+100+PS2)/((1+ 100/4,522,879,000) * (39,655,948,581 – Z1 – P1)) ordinary
shares in RAO UES of Russia.
3.3.22.2. One (1) preference share in JSC Sibenergyholding to be established through a spin-off
shall be allocated for (22,569,848,313 + 145,523,224 + 4,522,879,000
+OS2+100+PS2)/((1+ 4,522,879,000/100) * (2,005,080,419 – Z2 – P2)) preference
shares in RAO UES of Russia.
Where:
OS2 – 1,016,370,000 ordinary shares in RAO UES of Russia. These shares shall be used in
the ratio if as of the date determined in accordance with paragraph 3.6 of this resolution OJSC
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