MINUTES of the Extraordinary General Meeting of Shareholders

3.3.24. The shares in JSC Sibenergyholding shall be allocated to OJSC MMC NORILSK
NICKEL (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:
3.3.24.1. 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 + OS1+1,016,370,000
+PS1+500,000,000)/((1+ 500,000,000 /1,016,370,000) * (39,655,948,581 – Z1 – P1))
ordinary shares in RAO UES of Russia.
3.3.24.2. 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 + OS1+1,016,370,000
+PS1+500,000,000)/((1+ 1,016,370,000/500,000,000) * (2,005,080,419 – Z2 – P2))
preference shares in RAO UES of Russia.
Where:
OS1 – 4,522,879,000 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 OOO
Gazoenergeticheskaya Kompaniya votes For or Abstains, while voting on the issue of
reorganization of RAO UES of Russia through a spin-off, and owns at least 4,522,879,000
ordinary shares in RAO UES of Russia and at least 100 preference shares in RAO UES of Russia.
PS1 – 100 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 OOO
Gazoenergeticheskaya Kompaniya votes For or Abstains, while voting on the issue of
reorganization of RAO UES of Russia through a spin-off, and owns at least 4,522,879,000
ordinary shares in RAO UES of Russia and at least 100 preference shares in RAO UES of Russia.
P1 – the number of ordinary shares in JSC Sibenergyholding to be placed with the
shareholders in accordance with paragraph 3.3.2.9 of this resolution.
P2 – the number of preference shares in JSC Sibenergyholding to be placed with the
shareholders in accordance with paragraph 3.3.2.10 of this resolution.
Z1 – the number of ordinary shares in JSC Sibenergyholding to be placed with the
shareholders in accordance with paragraphs 3.3.10.3.1 and 3.3.13.2.1 of this resolution.
Z2 – the number of preference shares in JSC Sibenergyholding to be placed with the
shareholders in accordance with paragraphs 3.3.10.3.2 and 3.3.13.2.2 of this resolution.
3.3.25. The shares in JSC Centerenergyholding shall be allocated to MADAKE ENTERPRISES
COMPANY LIMITED (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 OOO
Gazoenergeticheskaya Kompaniya 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:
3.3.25.1. One (1) ordinary share in JSC Centerenergyholding to be established through a spin-off
shall be allocated for (22,569,848,313 + 145,523,224 + OS2+416,590,290
+PS2+20,000)/((1+ 20,000/416,590,290) * (43,051,999,755 – Z1 – P1)) ordinary
shares in RAO UES of Russia.
3.3.25.2. One (1) preference share in JSC Centerenergyholding to be established through a spinoff
shall be allocated for (22,569,848,313 + 145,523,224 + OS2+416,590,290
+PS2+20,000)/((1+ 416,590,290/20,000) * (2,176,791,245 – Z2 – P2)) preference
shares in RAO UES of Russia.
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