6th March 2008. JSC INTER RAO UES together with BNP Paribas, Commerzbank, Natixis and VTB Bank Europe have entered into an agreement to provide the company with a US$130 000 000 Syndicated Loan Facility (the “Facility”).

The Facility has a tenor of 1 year. For the first 6 months the interest rate is LIBOR + 1.25% p.a. (4.33% p.a. as of the date of disbursement of the Facility). The Facility is for general corporate purposes, including the refinancing of the current indebtedness of the company.