JSC Inter RAO UES (IRAO) - Split-up of INTER RAO UES' subsidiary RNS Number : 5151Q JSC Inter RAO UES 07 November 2012 Split-up of INTER RAO UES' subsidiary with simultaneous accession of a created company to INTER RAO UES Moscow, November 07, 2012 - Open Joint Stock Company "INTER RAO UES" ("INTER RAO UES", "Company", ticker on MICEX-RTS, LSE (Reg. S): IRAO; on LSE (Rule 144 A): IRAA), the largest diversified utilities holding in Russia, announces that on November 06, 2012 the Russian legal entities' registration authority has registered reorganization of INTER RAO UES' subsidiary (OJSC "Bashkirenergo") in the form of a split-up into 2 newly created companies: Joint Stock Company «Bashkirian Power Grid Company» and JSC "Bashenergoaktiv" and simultaneous accession of JSC "Bashenergoaktiv"to INTER RAO UES. On the said date the legal entities' registration authority hasmade a record of the termination of OJSC "Bashkirenergo" activity. Due to the accession of JSC "Bashenergoaktiv" to the Company the Russian legal entities' registration authority has made a record of the termination of JSC "Bashenergoaktiv" activity on the same date. As a result of the aforesaid split-up and accession the Company's participation interest in JSC "Bashenergoaktiv" and in OJSC "Bashkirenegro" has decreased to 0%. Furthermore, in accordance with a split-off balance sheet of OJSC "Bashkirenergo" INTER RAO UES became a sole participant of LLC "Bashkirian Generation Company" upon accession of JSC "Bashenergoaktiv" to INTER RAO UES. The foregoing information is disclosed in compliance with the Securities Act of the Russian Federation. For further information, please contact INTER RAO UES: Irina Makarenko Head of Investor Relations +7 495 967-05-27 (ext. 2008) firstname.lastname@example.org Anton Nazarov Head of Public Relations +7 495 967-05-27 (ext. 2208) email@example.com Svetlana Chuchaeva Head of Corporate Relations +7 495 967-05-27 (ext.2081) firstname.lastname@example.org INTER RAO UESis a diversified utilities holding headquartered in Moscow and managing assets in different countries. The company produces and sells electric energy and heat, trades energy on the international market, and engineers, designs and builds generating assets.INTER RAO UES Group owns and operates approximately 32,000 MW of installed power generating capacity. INTER RAO UES corporate strategy is focused on making the company a global energy enterprise and a key player in the international energy market. For further information see www.interrao.ru This information is provided by RNS The company news service from the London Stock Exchange END MSCLIFVDLDLDIIF -0- Nov/07/2012 07:38 GMT
JSC Inter RAO UES IRAO Split-up of INTER RAO UES' subsidiary
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