Annual report 2010

IDGC Holding on October 22, 2010;Minutes No. 46).Regulations for Internal Control Proceduresof JSC IDGC Holding(approved by the Board of Directors of JSCIDGC Holding on November 19, 2008;Minutes No. 8)Risk Management Policy of JSC IDGCHolding(approved by the Board of Directors of JSCIDGC Holding on March 29, 2010; MinutesNo. 30)Internal Control Policy of JSC IDGCHolding(approved by the Board of Directors of JSCIDGC Holding on March 29, 2010; MinutesNo. 30)Regulations for Insider Information of JSCIDGC Holding(approved by the Board of Directors of JSCIDGC Holding on November 19, 2008;Minutes No. 8)Procedure for Interaction of JSC IDGCHolding with the Economic Entities WhoseShares (Equities) Are Owned by JSC IDGCHolding(approved by the Board of Directors of JSCIDGC Holding on August 28, 2008;Minutes No. 3; as amended on November19, 2009; Minutes No. 26)The Regulations set forth the rules for organizing theCompany’s internal control procedures.The Policy defines the fundamental principles oforganization, implementation and control of riskmanagement processes of the Company as part of theConcept of Developing and Improving the InternalControl and Audit System and the Risk ManagementSystem of the Company.The Policy defines the binding fundamental principlesfor organizing the internal control system and forminga common approach to implementing internal controlprocesses within the Company.The Regulations set forth the requirements applicableto persons entitled to access insider information, thenotification procedure for their transactions related tosecurities of the Company and its subsidiaries anddependent companies, and the procedure for disclosinginformation about transactions of persons entitled toaccess insider information.The Procedure governs the exercise by the Company ofthe rights of a shareholder in relation to its subsidiariesand dependent companies, which rights are attached toshares, in order to ensure that CompanyRepresentatives act effectively in management andcontrol bodies of SDCs.The Procedure describes general conditions forcorporate interaction of the Company with SDCs in theareas defined in the Procedure, including corporateplanning, the organization and control of corporateaction when management bodies of SDCs consider theissues with respect to which, in accordance with theArticles of Association of the Company, theCompany’s (Company Representatives’) position shallbe defined.