SECURITIES PROSPECTUS

Grounds for recognizing the company assubsidiary or dependent company of theIssuerStake held by the Issuer in the authorizedcapital of the subsidiary and/or dependentcompany.Percentage of ordinary shares in thesubsidiary and/or dependent company ownedby the Issuer.Stake held by the subsidiary and/or dependentcompany in the authorized capital of theIssuer.Percentage of ordinary shares in JSC IDGCHolding owned by the subsidiary and/ordependent companyDescription of the company’s core businessDescription of the role of such company forthe functioning of JSC IDGC HoldingThe company is recognized as dependent sincethe Issuer has more than twenty percent ofvoting shares in the joint-stock company.50%50%0%0%Acting as sole executive bodies of joint-stockcompanies and other business entities inaccordance with the procedure specified in thelaws of the Russian Federation and existingagreementsReceipt of dividend incomeMembers of the Board of Directors of the company.The Board of Directors is not provided for by the articles of association of the company.Members of the collegial executive body of the company:Collegial executive body is not provided for by the articles of association of the company.Individual acting as sole executive body of the subsidiary and/or dependent company:Director General.Full nameYury Ivanovich TrofimovYear of birth 1945Stake in the authorized capital of JSC IDGCHolding, the issuer, owned by the abovementionedindividual0%Percentage of ordinary shares in JSC IDGCHolding owned by the above-mentioned0%individual37.Full corporate nameNorthwest Energy Management CompanyOpen Joint-Stock CompanyShort corporate nameOAO SZUEKLocation 191186, Saint Petersburg, Marsovo pole, d. 1.Grounds for recognizing the company as The company is recognized as dependent sincesubsidiary or dependent company of the the Issuer has more than twenty percent ofIssuervoting shares in the joint-stock company.105