MINUTES of the Extraordinary General Meeting of Shareholders

10. Share conversion ratios:
0.4413044122847170 ordinary shares in RAO UES of Russia shall be converted into 1
ordinary share in OAO FGC UES, each with a par value of 0.5 (five-tenths) rubles;
0.4818785895225160 A preference shares in RAO UES of Russia shall be converted into
1 ordinary share in OAO FGC UES, each with a par value of 0.5 (five-tenths) rubles.
11. The shares in RAO UES of Russia shall be recognized as converted into ordinary shares in
OAO FGC UES on the day on which an entry is made into the Unified State Register of
Legal Entities about the termination of operation of RAO UES of Russia based on data
from the RAO UES of Russia Shareholder Register on the above-mentioned date.
12. The shares in RAO UES of Russia to be converted shall be canceled upon conversion.
13. For the purposes of implementation of this resolution the completion of reorganization of
RAO UES of Russia through its takeover by OAO FGC UES shall be allowed not earlier than the
completion of reorganization of RAO UES of Russia through a spin-off of JSC Gosudarstvennii
Holding, JSC Gosudarstvennii Holding GidroOGK, JSC Minoritarnii Holding FGC UES, JSC
Minoritarnii Holding GidroOGK, JSC OGK-1 Holding, JSC OGK-2 Holding, JSC OGK-3
Holding, JSC OGK-4 Holding, JSC OGK-6 Holding, JSC TGK-1 Holding, JSC TGK-2 Holding,
JSC Mosenergo Holding, JSC TGK-4 Holding, JSC TGK-6 Holding, JSC Voljskaya TGK
Holding, JSC UGK TGK-8 Holding, JSC TGK-9 Holding, JSC TGK-10 Holding, JSC TGK-11
Holding, JSC Kuzbassenergo Holding, JSC Enisei TGK Holding, JSC TGK-14 Holding, JSC
Inter RAO UES Holding, JSC Holding MRSK, JSC RAO Energy System of East, JSC
Centerenergyholding, JSC Sibenergyholding, JSC Intergeneration
Minutes preparation date: October 30, 2007.
A. S. Voloshin, Chairman of the Meeting of Shareholders
A. V. Gabov, Secretary of the Meeting of Shareholders
242