OREANDA-NEWS. June 28, 2011. OGK-1 held an annual general meeting of shareholders on June 28, 2011.

Shareholders approved annual report and annual financial statements of OGK-1, as well as distribution of its profit from financial year 2010.

In consideration of 2010 profit and loss distribution, shareholders decided not to pay dividends on OGK-1 common shares.

Shareholders also elected members of the Board of Directors and the Audit Commission.

The following nominees have been elected to the Board STRIKE OUT THOSE WHO WERE NOT ELECTED:

Anton BADENKOV, Advisor to the Chief Executive of INTER RAO UES;

Anatoly BALLO, Associate President of Vnesheconombank;

Svetlana CHUCHAEVA, Head of Corporate Relations Department in Corporate and Owner Relations Unit, INTER RAO UES;

Andrey DRACHUK, Director of Strategic Planning and Organizational Development, SO UES;

Boris KOVALCHUK, Chief Executive, INTER RAO UES;

Maxim MAYORETS, Director of M&A, Moscow office of Renova Management AG (Switzerland);

Evgeny MIROSHNICHENKO, Deputy Head of Strategy and Investment Unit and Director of Strategy and Strategic Projects Department, INTER RAO UES;

Valery MURGULETS, Director of Investments, INTER RAO UES;

Leonid SOKOLOV, CTO, Production Unit of INTER RAO UES;

Alexey STEPANOV, Director of Department for Operational Control and Management in Electric Power Industry and Mobile Readiness in Fuel and Energy System of the Ministry of Energy of Russian Federation;

Dmitry SHTYKOV, CEO, Standard Plastic Group.

The Audit Commission was elected as follows:

Natalia ANANIEVA, Head of International Asset Audit Directorate in the Internal Audit Department of the Internal Audit, Control and Risk Management Unit, INTER RAO UES;

Elena IVANOVA, Deputy Head of Internal Audit Department of the Internal Audit, Control and Risk Management Unit, INTER RAO UES

Vasily KULIKOV, Head of Purchasing Audit Directorate in the Internal Audit Department of the Internal Audit, Control and Risk Management Unit, INTER RAO UES

Sofia MANSUROVA, Head of Engineering Asset Audit Directorate in the Internal Audit Department of the Internal Audit, Control and Risk Management Unit, INTER RAO UES

Elena RYZHKOVA, Head of Internal Audit Department of the Internal Audit, Control and Risk Management Unit, INTER RAO UES

OGK-1 appointed LLC  Ernst & Young as its auditor for 2011.