Federal Financial Market Service registers share issue of First Generating Company

10 November 2006 (13:00)

Federal Financial Market Service registered the report on the results of the additional share issue of First Power Generating Company of Wholesale Electricity Market (aka OGK-1); the shares were offered in the course of conversion during the acquisition of Nizhnevartovskaya power station, Urengoiskaya power station, Iriklinskaya power station, Kashirskaya power station 4, and Permskaya power station.

The acquisition of each power station was accompanied by an additional share issue in order to increase the authorized capital of OGK-1 and assist the merger with the joint-stock company that was made up of these power stations.

The issuer offered the following share issues: 1) 9,533,801,809 shares with face value of 1 RUR each; the total value of the issue thus amounted to 9,533,801,809 RUR; 2) 662,884,027 shares with face value of 1 RUR each; the total value of the issue thus amounted to 662,884,027 RUR; 3) 10,089,974,140 shares with face value of 1 RUR each; the total value of the issue thus amounted to 10,089,974,140 RUR; 4) 7,573, 024,467 shares with face value of 1 RUR each; the total value of the issue thus amounted to 7,573, 024,467 RUR; 5) 25 shares with face value of 1 RUR each; the total value of the issue thus amounted to 25 RUR.

As a result, the authorized capital of OGK-1 went up by 27,859,684,468 RUR and reached the point of 44,643,192,919 RUR.


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