IR Releases

29.11.2010 “LENENERGO” publishes consolidated results of its activities under the international financial reporting standards (IFRS) for H1 2010.

The financial reporting of JSC “LENENERGO” for the 1st half of the year 2010 has been prepared in compliance with IFRS standards and inspected by the independent audit firm Ernst&Young. It was examined at the joint-presence meeting of the Company’s Audit Committee on 23 November 2010.

13.11.2010 Change in the structure of the joint-stock capital of JSC “LENENERGO”

Based on the information available in JSC “LENENERGO”, on 18 November 2010 I.D.E. Electricity Distribution Investments 1 Ltd and JSC “Bank VTB” completed a repurchase agreement (REPO) in respect of sale of 8.65% (80,091,051 pieces) of ordinary shares of JSC “LENENRGO”. The portion of the ordinary shares, which belonged to JSC “Bank VTB”, was reduced to 0%.

19.10.2010 Key management team of JSC “LENENERGO” is generated

The main stage of formation of a new key management team of JSC “LENENERGO” has been completed on 19 October 2010.