Open JSC " Central Moscow Depositary" have summarized the results of the JSC "Territorial Generating Company # 2" (TGC-2) Annual General Shareholders Meeting, which took place on May 11 in Yaroslavl in the form of a simultaneous attendance. Meeting quorum constituted 85,5% of total amount of voices, which the shareholders, included in the list of authorized participants, had for the agenda questions.

Participants elected new Board of Directors. It includes TGC-2 Director General Andrey Vagner, Deputy Head of Department of Corporate Governance and Investor Relations, Corporate Center RAO "UES of Russia" Igor Zenyukov, Deputy Head of Corporate Developments Management Department BU-1 RAO "UES of Russia" Dmitriy Melnikov, Head of the Division of Market Department, Reform Management Center RAO "UES of Russia" Yana Tulchinskaya, Managing Director Halcyon Advisors David Hern, Directors of Prosperity Capital Management Ltd Moscow office Sergey Ivashevsky and Roman Filkin, as well as the Head of Trade Operations Department LLC " Invest-financing Company ProfInvest" Vladimir Girbasov.

Participants approved the Annual Report and the Accounting Balance of the Company for financial year 2006. CJSC "PriceWaterhouseCoopers" was approved as a Company"s auditor.

Shareholders ratified the profit and losses statement for 2006 financial year, including dividends for 2006 at the rate of RUB0,000000571 per ordinary share and RUB0,000000571 per Company"s preferred share.

Participants also elected Revision Commission, and voted for the introduction of changes and additional points into Charter of the Company and confirmed the edited version of the Regulation of reward and compensation payments to members of the Board.

Company Profile
JSC "Territorial Generating Company # 2" (JSC "TGC-2") was established in February 2005. The Company"s Director General is Andrey Vagner. TGC-2comprises generating capacity of 6 regions - Arkhangelsk, Vologda, Kostroma, Novgorod, Tver and Yaroslavl.
Since July 1st 2006 TGC-2 functions as a unified Company. TGC-2 operates 16 heat power stations, 8 boiler-houses, 4 enterprises of thermal networks. The aggregate electric capacity of TGC-2 enterprises is 2 582,5 MW, the installed thermal capacity constitutes 12 471 Gcal/h.