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    03/15/2017
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    26 November 2012, Federal Grid Company of Unified Energy System (“Federal Grid” the “Company”, Moscow Exchange, LSE: FEES), the operator and manager of Russia’s unified electricity transmission grid system, announces that a delegation headed by Chairman of the Management Board Oleg Budargin today visited the London Stock Exchange.

    The delegation held a working meeting with LSE officials to discuss the experience of international companies listed on the LSE and their investor relations practices.

    “Federal Grid Company attaches great importance to its relations with international investors, and is particularly proud of its strong relationship with the London Stock Exchange, where we set new standards for Russian utilities companies with our GDR listing in March 2011,” Oleg Budargin said. “We are working closely with our partners to study international best practices that we can learn from to further improve the investment attractiveness of Federal Grid Company.

    The meeting participants also discussed the creation of a unified company for management of Russia’s electricity grids. Commenting on the President of the Russian Federation’s decree about creating JSC «Russian Grids», Mr. Budargin said: “This will have a positive impact on Federal Grid Company. The fact that a unified centre for decision-making and management of electricity network development has been created is much more important than the actual form of the consolidation. We believe that the synchronisation of operational, investment, research and development (R&D) activities of the country’s electricity grids holds a great deal of promise. Creation of the unified grid company will increase efficiency by allowing Federal Grid to focus solely on operational issues, for example. The current lack of synchronisation between Federal Grid Company and MRSK has often led to significant financial costs on both sides. Now there will be a single coordinator that will resolve these issues.

    “The creation of a single company will also enable introduction of unified standards in the electric grid sector, make the industry more manageable and make it possible to work efficiently to optimize tariff growth. It is important that these strategic measures will apply to the entire grid complex, which will allow to achieve another important task in the President’s decree – the consolidation of the territorial grid organisations.

    “The decision to create a coordinating company and the synchronisation of the electricity grid complex will make energy more accessible and have a positive impact on consumers. It will enable us to eliminate the negative tendencies and problems that were aggravated by electricity reforms.”

    The visit to the LSE was the culmination of a roadshow during which Federal Grid Company, in conjunction with its corporate broker Morgan Stanley, held a series of meetings with leading European investment funds, including UBS, Blackrock, Baring Asset Management, Fidelity, Charlemagne Capital, Pioneer Investments, Nomura Asset Management, Renaissance Investment Management, HSBC Global Asset Management, Credit Suisse. At the meetings, Federal Grid presented its financial results under IFRS for the first half of 2012, and also discussed its main areas of operation and strategic priorities.

    Federal Grid is committed to broadening its programme of investor relations in line with global best practice, and looks forward to further improving its relationships with investors worldwide. As part of its large-scale investment programme to upgrade Russia’s electricity infrastructure, the Company is expanding the quality of its presence on the capital markets.
    11/26/2012
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    Moscow, 28 March 2011 – Joint Stock Company “FGC UES” (“Federal Grid” or the “Company”), the operator and manager of Russia’s unified electricity transmission grid system, announces today that it has successfully completed listing of its Global Depository Receipts (“GDRs”) on the Main Market of the London Stock Exchange (“Listing”), and trading in the GDRs has commenced today on the International Order Book of the London Stock Exchange.

    Press-release

    04/12/2011
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    The subsidiary of the JSC “FGC UES” – the Backbone High-Voltage Grids (MES) of East – has completed the construction and commissioned new 500 kV substation Vladivostok and 500 kV transmission line Dalnevostochnaya-Vladivostok (Primorie Territory). Ceremony for the commissioning of the facility was attended by the Chairman of the Management Board of JSC “FGC UES” Mr. Oleg Mikhailovich Budargin, General director of MES of East Mr. Sergei Georgievich Smirnov, General director of the JSC “SO UES” affiliate - Interregional Dispatch Office of East – Mr. Sergei Gennadievich Drugov, representatives of contractors and suppliers.
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    During the visit the delegation has inspected all the energy facilities designed to provide reliable energy supply for the Olympic Games 2014 which are currently constructed or refurbished. The progress and completion of the approved construction schedules as well as management of reliable operations of the currently build lines and substations were discussed.
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    The Chairman of the Management Board of JSC “FGC UES” Mr. Oleg Budargin, General director of the MES of Urals Mr. Gennady Nikitin, senior managers of the Unified Urals Operations Control Centre, representatives of the Interregional High-voltage Grid Company of Urals (JSC “MRSK of Urals”) and senior executives of contractors and suppliers took part in the commissioning of the new energy facility.
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    Shareholders of the Federal Grid Company have appointed Mr. Oleg Mikhailovich Budargin the new Chairman of the Management Board of JSC “FGC UES”. Mr. Budargin was appointed the Acting Chairman of the Management Board on the 11th of July, 2009 by the Board of Directors of the Company. According to the Articles of association of the JSC “FGC UES” the decision to appoint the Chairman of the Management Board is made by the general meeting of shareholders. The decision to convene the general meeting of the shareholders to discuss the issue of appointing the Chairman of the Management Board of JSC “FGC UES” and nominate Mr. Oleg Mikhailovich Budargin as a candidate for this position was made by the Board of Directors of the Company at the meeting which took place on the 17th of September, 2009.
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