OREANDA-NEWS. On 26 February 2008 was announced, the Board of Directors of JSC OGK-5 elected Dominique Fache (General Director of Enel S.p.A. for Russia and CIS) new Chairman of the Board of Directors of the Company.

Eldar Orudzhev (Deputy Managing Directors of Business Unit 1 of RAO UES of Russia), who previously chaired the Board of Directors of the Company, was elected Deputy Chairman.

The new Board Chairman and his deputy will enter upon their duties on March 1, 2008.

Moreover, the Board of Directors considered a number of internal issues related to the Company’s activities.