5.11 INVESTOR RELATIONS

In 2010 the Company continued developing its investor relations and enhancing information transparency to position Federal Grid Company as one of the leading power sector companies.

The Company aims to provide full and reliable information about its operations by holding personal meetings with analysts and investors, participating in conferences and regularly updating its corporate web site.

For the second consecutive year the Company has won an award in the category “For the Best Corporate Governance Practices and Investor Relations” at the contest organized by the Administration of the Krasnoyarsk Region with the participation of the Russian Institute of Directors and the Federal Service for Financial Markets.

Last year S&P recognized Federal Grid Company as one of the companies that has demonstrated the greatest progress in information disclosure.

In 2010 the number of banks that provide analytical coverage for the Company increased from 15 to 20, including UBS, Unicredit and the Otkrytie Financial Corporation.

The Company’s latest financial news, reports and presentations are available on the corporate web site http://www.fskees.ru/eng/investors/company_overview/

Additionally, the Company’s investor relations specialists are available at any time at +7 495 710 9064 or by email ir@fsk-ees.ru.

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