Press release on the resolutions passed by the issuer's management bodies.

At the meeting of the Board of Directors, the matters relating to the preliminary approval of the annual report of JSC “Moscow United Electric Grid Company” for 2014, consideration of the annual accounting reports of JSC “Moscow United Electric Grid Company” for 2014, consideration of a candidate auditor of JSC “Moscow United Electric Grid Company”,  consideration of the draft Articles of Association of JSC “Moscow United Electric Grid Company” as amended, consideration of draft internal documents of the Company and other matters included in the agenda of the meeting of the Board of Directors.

Based on the results of the meeting of the Board of Directors, the following decisions on recommendations to the annual General Meeting of Shareholders relating to the amount of payment of the dividends on shares of JSC “Moscow United Electric Grid Company” for 2014, procedure of their payment and invitation of the annual General Meeting of Shareholders to fix a date for making a list of persons entitled to dividends, on determination of the agenda of the annual General Meeting of Shareholders of JSC “Moscow United Electric Grid Company”, on determination of final prices of interested party transactions that can be entered in the course of future ordinary business activities of JSC “Moscow United Electric Grid Company”, recommendations for approval of the above transactions by the General Meeting of Shareholders of JSC “Moscow United Electric Grid Company” and other agenda items relating to the carrying out of the annual General Meeting of Shareholders of JSC “Moscow United Electric Grid Company”.