Annual report 2010

6• registered ordinary shares (state registration number 1-02-15777-J) –seven thousand, two hundred twenty-nine (7,229) shares, each with apar value of one thousand, five hundred (1,500) rubles;• registered preference shares (state registration number 2-02-15777-J)– one thousand, two hundred seventy-two (1,272) shares, each with apar value of one thousand, five hundred (1,500) rubles.- purchase price: three hundred seventy-two million, three hundred twelvethousand, six hundred forty (372,312,640) rubles and 0 0 ko pecks as specified i nReport N o. 1117/10 of M arch 31, 2010, p repared b y O OO T he I nstitute f orEnterprise Issues, an independent appraiser, including:• fifty-one thousand, two hundred (51,200) rubles and 00 kopecks perordinary share, which is equivalent to three hundred seventy million,one hu ndred t wenty-four t housand, eight hu ndred (370,124,800)rubles and 00 kopecks for 7,229 of such shares;• one thousand, seven hundred twenty (1,720) rubles and 00 kopecksper preference share, which is equivalent to two million, one hundredeighty-seven thousand, eight hundred forty (2,187,840) rubles and 00kopecks for 1,272 of such shares.- method of payment: cash.The obl igations of OAO Len energo, as t he Buyer, to ZAOLenenergospetsremont (Seller) for payment for the shares being purchased shall beperformed b y o ffsetting t he co unterclaims of OAO Len energo against ZAOLenenergospetsremont under Loan Agreement No. 08-2987 of August 12, 2008.- payable within: 30 calendar days after the signing of the purchase and saleagreement.S. I. Sh matko, N. N . Sh vets, V. A . G ulyaev, V. M . K ravchenko, V. V.Kudryavy, G. P. Kutovoy, S. V. Maslov, S. Remes, S. V. Serebryannikov, V. V.Tatsy, A. P. Terekhov, V. N. Titov, I. V. Khvalin, and P. O. Shatsky voted “For.”Approved unanimously.5.2. Concerning t he i tem “ OAO Lenen ergo’s ho lding a st ake in Z AOKurortenergo” on the agenda of the Boards of Directors meeting of OAOLenenergo, t he representatives of JSC IDGC Holding shall be instructed to vote"For" the approval of the following decision:OAO Lenen ergo’s h olding a s take in ZAO K urortenergo through t hepurchase of one thousand, six hundred seventy-six ( 1,676) shares, or 98.13 % ofthe a uthorized capital of ZAO K urortenergo, shall b e approved subject t o t hefollowing terms and conditions:- method of purchase: purchase and sale, shares shall be purchased with dueconsideration of the re quirements p rovided f or by t he a pplicable l aws a nd theconstitutive documents of ZAO Kurortenergo;- seller: ZAO Lenenergospetsremont.- quantity of shares being purchased: