Annual report 2010

M I N U T E Sof the Meeting of the Board of DirectorsJune 21, 2010 No. 36MoscowThe decision of the Board of Directors of JSC IDGC Holding was approvedby absentee voting (voting by ballot).The following members of the Board of Directors participated in the voting:S. I. Shmatko, N. N. Shvets, G. F. Binko, E. V. Dod, V. M. Kravchenko,V. V. Kudryavy, M. Yu. Kurbatov, S. V. Maslov, S. Remes, S. V. Serebryannikov,O. V. Surikov, V. V. Tatsiy, V. N. Titov, D. V. Fedorov, and P. O. Shatsky.Agenda:1. Approval of the Financing Participation Agreement for Services Relatedto H olding t he A ll-Russian Professional C ompetition A mong H igh-VoltageTransmission Li ne M aintenance Crew s of J SC ID GC H olding D istributionNetworks between JSC IDGC Holding and OAO IDGC of the Volga, which is arelated party transaction.2. Amendment to t he decision a dopted by t he B oard o f D irectors of JSCIDGC Holding on the issue “Purchase of pr omissory notes issued by s ubsidiariesand dependent c ompanies of J SC ID GC H olding” (M inutes N o. 35 of M ay 2 1,2010).3. Approval of t he A greement for t he Ret irement of O AO I ngushenergo’sPromissory Note Through the Issue of OAO Ingushenergo’s New Promissory Noteto be e ntered into b y a nd be tween JSC ID GC H olding a nd O AO I ngushenergo,which is a related party transaction.4. Defining of the position of representatives of JSC IDGC Holding on theitem on the agenda of the meeting of the Board of Directors of OAO Ingushenergoconcerning t he agen da o f t he G eneral M eeting o f S hareholders of OAOIngushenergo.