en News News News OGK-1 http://www.ogk1.com OGK-1 Publishes 12 M 2008 Audited Consolidated Financial Report (IFRS) of the Group Moscow. 18 May 2009. JSC «OGK-1» publishes consolidated financial report of the Group for the year of 2008, prepared in accordance with the international financial reporting standards (IFRS). http://www.ogk1.com/en/?ch=new&id=100 On April 28th, Nizhnevartovskaya GRES will hold consultations on the 3rd Unit Construction Project Izluchinsk. April 27, 2008. On April 28th, Nizhnevartovsk GRES will hold preliminary stage of the public hearings in Izluchinsk on Environmental and Social Impact Assessment (ESIA) of the Construction and Operation of the 3rd Unit. http://www.ogk1.com/en/?ch=new&id=99 JSC FGC UES and JSC RusHydro Have Delivered OGK-1 Shares for Trust Management by OJSC Inter RAO UES Moscow. March 23, 2009.On March 17, 2009 OJSC INTER RAO UES has received under trust management 27, 628, 151, 912 ordinary OGK-1 shares, which belong to JSC FGC UES and JSC RusHydro, and account for 61. http://www.ogk1.com/en/?ch=new&id=98 Moodys Has Confirmed a Stable Ba3 Credit Rating of OGK-1 Moody‘s Investors Services rating agency has confirmed a Ba3 international credit rating of OGK-1 with the “stable” outlook. At the same time Moody's Interfax Rating Agency has confirmed Aa3. http://www.ogk1.com/en/?ch=new&id=96 OGK-1 Board of Directors Has Approved Candidacies for the New Board of Directors During an absentee session on March 6 OGK-1 Board of Directors has approved the list of candidates for the new Board of Directors, which will be elected during the Annual General Shareholders Meeting. http://www.ogk1.com/en/?ch=new&id=97 In 2008 OGK-1 Revenue from Energy and Capacity Sales Has Amounted to 45, 773 mln rubles In 2008 OGK-1 revenue from energy and capacity sales has amounted to 45, 773 mln rubles without VAT. The company has spent 9, 723 mln rubles to purchase electricity (without the results of Nizhnevartovskaya GRES). http://www.ogk1.com/en/?ch=new&id=95 OGK-1 and Vnesheconombank Have Signed Credit Agreement State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the First Power Generating Company on the Wholesale Energy Market (OGK-1) have signed a Credit Agreement worth 1. http://www.ogk1.com/en/?ch=new&id=94 OSAO Ingosstrakh has insured OGK-1 and ZAO NVGRES property and liability OJC OGK-1 and OSAO Ingosstrakh have concluded property and liability insurance contracts of OJC OGK-1 and ZAO NVGRES. The property of 6 power plants (GRES) has been insured: Permskaya GRES, Nizhnevartovskaya GRES, Verkhnetagilskaya GRES, Kashirskaya GRES, Iriklinskaya GRES and Urengoyskaya GRES, total installed capacity of the 6 power plants amounts to 9, 531 MW. http://www.ogk1.com/en/?ch=new&id=93 SOGAZ to Insure OGK-1 JSC “First Power Generating Company on the Wholesale Energy Market” (JSC OGK-1) has adopted the Insurance Group SOGAZ as one of the winners of the insurance company tender to insure property and personal liability of OGK-1. http://www.ogk1.com/en/?ch=new&id=92 In 2008 OGK-1 Electricity Production Has Exceeded the Production of 2007 In 2008 OGK-1 power plants produced 39, 142 mln kWh of electricity (the results of Nizhnevartovskaya GRES excluded)*. Electricity productive supply for the 12 months of 2008 amounts to 37, 062 mln kWh. http://www.ogk1.com/en/?ch=new&id=91 OGK-1 and TNK-BP approve an agreement with the Siemens-Enka consortium to start the project for the third power unit at the Nizhnevartovsk state district power plant OGK-1 and TNK-BP signed an agreement with the Siemens-Enka consortium to complete the engineering for the initial phase of the project to construct the third power unit of the Nizhnevartovsk state district power plant (GRES). http://www.ogk1.com/en/?ch=new&id=83 OGK-1 is Ready to Uninterrupted Operating During New Year Holidays In order to ensure uninterrupted operating during New Year holidays OGK-1 has implemented the following procedures: it has checked the roofs and found them satisfactory, the roofs are controlled weekly in case of snow bank. http://www.ogk1.com/en/?ch=new&id=89 OGK-1 Board of Directors has Elected a New Management Board and Approved the Credit of 1.7 Billion Rubles for Kashirskaya GRES Investment Project December 26, 2008 OGK-1 Board of Directors defined the quantity of Company Management Board and elected its members during a meeting.The Board of Directors has defined that the Management Board has 10 members, including CEO Vladimir Khlebnikov, who is the Chairman of the Management Board. http://www.ogk1.com/en/?ch=new&id=90 In November 2008 OGK-1 Electricity and Capacity Sales Revenue Has Amounted to 3.6 billion rubles In November 2008 OGK-1 electricity and capacity sales revenue has amounted to 3, 583 mln rubles VAT included*, electricity and capacity purchase costs – 608 mln rubles (without Nizhnevartovskaya GRES). http://www.ogk1.com/en/?ch=new&id=88