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JSC Inter RAO UES IRAO Major transaction of INTER RAO controlled company

  JSC Inter RAO UES (IRAO) - Major transaction of INTER RAO controlled company

RNS Number : 8744R
JSC Inter RAO UES
23 November 2012




    Performance of major transaction of INTER RAO UES' controlled company

                                      

Moscow, November 23, 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 22, 2012 INTER RAO UES Power Efficiency Centre, LLC  ("Borrower"), 
a company registered under the laws  of the Russian Federation and  controlled 
by INTER RAO UES, has entered into the loan agreement with Joint Stock Company
«Atomic Energy Power Corporation» ("Lender") which is a major transaction  for 
the Borrower according to the legislation of the Russian Federation.

The  total  amount  of  debt   shall  not  exceed  980,000,000  RUB   (approx. 
£19.623,548 ) which is 47.14% of the book value of assets of the Borrower.

The total amount of  the said transaction shall  not exceed 2,400,000,000  RUB 
(approx. £48,057,669) which  is 115.45%  of the book  value of  assets of  the 
Borrower.

Execution of  the said  Agreement was  approved by  the Extraordinary  General 
Meeting of Shareholders of the Borrower on September 19, 2012.

INTER  RAO  UES  has  been  informed  on  the  completion  of  the  aforesaid 
transaction on November 22, 2012.



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)

makarenko_ia@interrao.ru

Anton Nazarov Head of Public Relations +7  495 
967-05-27 (ext. 2208)

nazarov_aa@interrao.ru

Svetlana  Chuchaeva  Head  of  Corporate  Relations  +7   495 
967-05-27 (ext.2081)

chuchaeva_sy@interrao.ru



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


MSCGIBDBGSDBGDX -0- Nov/23/2012 08:42 GMT