Changes in the procedure of payment of dividends from 1 January 2014

30.12.2013

Changes in the procedure of payment of dividends from 1 January 2014

Dear shareholders of JSC Lenenergo!

We hereby inform you about payment of dividends in 2014.

Since January 1, 2014 certain provisions of the Federal law # 282-FZ of December 29, 2012 «About modification of certain legislative acts of the Russian Federation and invalidation of certain provisions of legislative acts of the Russian Federation», and provisions of the Federal law # 306-FZ of November 2, 2013 «About modification of Section I and Section II of the Tax code of the Russian Federation and certain legislative acts of the Russian Federation» came into force.

The specified provisions, in particular, make amendments to Articles 42, 52 of the Federal law # 208-FZ of December 26, 1995 «About joint-stock companies», and Article 8 of the Federal law # 39-FZ of April 22, 1996 «About securities market».

One of the major changes is that dividends in a monetary form since January 1, 2014 are paid to individuals by the issuer only in a non-cash order by a postal or bank transfer.

In this regard we inform you on suspension from 01.01.2014 of payment of dividends by cash in the cash desks of JSC Bank Saint Petersburg.

Thus the shareholder can receive dividends payable in a non-cash order by a postal or bank transfer. For indication of the most convenient way to receive dividends a shareholder should address the Company’s Registrar, JSC Registrar R.O.S.T., and to make changes in the form of the shareholder.

JSC Registrar R.O.S.T. contacts

Location of the Isolated Division of JSC Registrar R.O.S.T. in St. Petersburg:

199178, St. Petersburg, 13th Line V.O., 78, office 218, 2nd floor.

Tel./fax: +7 (812) 643-55-97

E-mail: rrost-spb@rrost.ru