Meeting of the founders of the Open Joint Stock Company Mordovia Energy Power Corporation

Date of the General Meeting: "14" November 2013

Venue of the meeting: the Russian Federation, 430000, Republic of Mordovia, Saransk, ul.

Sovetskaya, 9.

Time of registration of the founders: 12:00 00 minutes.

Termination of registration of shareholders: 13 hours and 10 minutes.

Opening of the meeting: 13 hours and 15 minutes.

Meeting was closed: 16 hours 00 minutes.

At a meeting attended by the founders of the Company:

Closed Joint Stock Company "Hydropower Company"; legal address: 129339, Moscow, ul.

Torrents of Spring, d. 8A, p. 1, VAT 7716509955, 771601001 CPR, BIN 1047796498463,

represented by President Ivan Nikolaevich Budanov, acting under the Charter;

Municipal Enterprise Community Education Kovylkino "Kovylkinsky urban networks"; legal address

of Mordovia Republic, 431350, city Kovylkino str. 40 October, Building 10; INN 1323123185,

132301001 CPR, BIN 1051323017790, represented by the Director Nikolai Malyshev, acting under

the Charter.

Meeting of the founders of the Company in accordance with the Federal Law "On Joint-Stock

Companies", is authorized to take decisions on all matters on the agenda.

Agenda:

1: Determination of the order of reference of the founders' meeting.

2: Creating through the establishment of the public company and to determine its full corporate

name.

3 Conclusion of the Agreement on the establishment of the Open Joint Stock Company "Mordovia

Energy Power Corporation" and the adoption of its Charter.

4 Specify the address of the location of the Open Joint Stock Company "Mordovia Energy Power

Corporation."

5 Election of the President of the Open Joint Stock Company "Mordovia Energy Power

Corporation."

6. Approval sketch print of Open Joint Stock Company "Mordovia Energy Power Corporation" and

the appointment of a responsible for its production.

7 Election of the Board of Directors of Open Joint Stock Company "Mordovia Energy Power

Corporation."

8 Election of the Audit Committee of Open Joint Stock Company "Mordovia Energy Power

Corporation."

9 On the appointment of the registrar of Joint Stock Company "Mordovia Energy Power

Corporation."

Consideration of issues on the agenda of the constituent assembly:

1 on the agenda:

REPORTED: Malyshev Nikolai, the election of Budanov Ivan Nikolaevich chairman of the meeting

and Budanov Ivan Nikolaevich on election Nikolai Malyshev secretary of the meeting of the

founders of the Company.

Question put to the vote: To elect the Chairman of the founders' meeting of the Company Budanov

Ivan Nikolaevich, secretary of the meeting Nikolai Malyshev.

2 on the agenda:

ADDRESSES: Budanov Ivan the establishment by the institution in accordance with the Federal

Law "On Joint Stock Companies" and the legislation of the Russian open joint stock company with

a full brand name Open Joint Stock Company "Mordovia Energy Power Corporation."

Question put to the vote: Create through the establishment of a joint stock company with a full

brand name Open Joint Stock Company "Mordovia Energy Power Corporation."

3 on the agenda:

ADDRESSES: Nikolai Vasilyevich Malyshev on the conclusion of the Treaty establishing the

Company and the approval of the Charter of Open Joint Stock Company "Mordovia Energy Power

Corporation."

Question put to the vote: to conclude an agreement on the establishment of the Company and

approve the Charter of Open Joint Stock Company "Mordovia Energy Power Corporation."

4 on the agenda:

ADDRESSES: Budanov Ivan on determining the next address of the Company: Russian

Federation, 430000, Republic of Mordovia, Saransk, ul. Soviet, 9.

Question put to the vote: Define the following address of the Company: Russian Federation,

430000, Republic of Mordovia, Saransk, ul. Soviet, 9.

5 on the agenda:

ADDRESSES: Nikolai Vasilyevich Malyshev on election Budanov Ivan Nikolayevich President of

Open Joint Stock Company "Mordovia Energy Power Corporation."

Question put to the vote: To elect the President of the Open Joint Stock Company "Mordovia

Energy Power Corporation" Budanov Ivan Nikolaevich.

6 on the agenda:

ADDRESSES: Budanov Ivan approving sketch print and appointment of the President of the

Company responsible for the storage of printing Company.

Question put to the vote: To approve the sketch print of the Company and to appoint the President

of the Company responsible for the storage of printing Company.

7 on the agenda:

ADDRESSES: Budanov Ivan election of the Board of Directors consisting of 7 persons.

Question put to the vote: The Board of Directors of the Company in the amount of 7 people. To

elect the following persons members of the Board of Directors:

Vasily Chernyshev;

Komarov Sergey L.;

Larchihina Natalia Fatihovna;

Budanov Ivan;

Yaroshenko Alexander;

Andrey V. Zhirinovsky;

Uchkin Evgeny.

8 on the agenda:

ADDRESSES: Budanov Ivan the election of the Audit Commission of JSC "Mordovia Energy

Power Corporation."

Question put to the vote: elect the Audit Commission Joint Stock Company "Mordovia Energy

Power Corporation", as follows:

Fly Tatiana;

Katlovsky Andrew S.;

Velenskaya Golden B..

9 on the agenda:

ADDRESSES: Nikolai Vasilyevich Malyshev approving the registrar of Joint Stock

Company "Mordovia Energy Power Corporation."

Question put to the vote: To approve the registrar of shareholders of Open Joint Stock

Company "Mordovia Energy Power Corporation" Closed Joint Stock Company "Registrar

INTRAKO."

On all agenda items voted "For" - unanimously.

Voting on the agenda took place shares to be distributed.

Decisions adopted by the Constituent Assembly on the agenda:

1 Elect Chairman of the meeting of the founders of the Company Budanov Ivan Nikolaevich,

secretary of the meeting - Nikolai Malyshev.

2 Post by establishing a joint stock company with a full brand name Open Joint Stock

Company "Mordovia Energy Power Corporation."

3 to conclude an agreement on the establishment of the Company and approve the Charter of

Open Joint Stock Company "Mordovia Energy Power Corporation."

4 Define the following address of the Company: Russian Federation, 430000, Republic of

Mordovia, Saransk, ul. Soviet, 9.

5 To elect the President of the Open Joint Stock Company "Mordovia Energy Power Corporation"

Budanov Ivan Nikolaevich.

6 To approve the sketch print of the Company and to appoint the President of the Company

responsible for the storage of printing Company.

7 The Board of Directors of the Company in the amount of 7 people. To elect the following persons

members of the Board of Directors:

- Vasily Chernyshev;

- Komarov Sergey L.;

- Natalia Larchihina Fatihovna;

- Budanov Ivan;

- Alexander Yaroshenko;

- Andrew V. Zhirinovsky;

- Uchkin Evgeny.

8 elect the Audit Commission Joint Stock Company "Mordovia Energy Power Corporation", as

follows:

- Fly Tatiana;

- Katlovsky Andrey S.;

- Velenskaya Golden B..

9 To approve the registrar of shareholders of Open Joint Stock Company "Mordovia Energy Power

Corporation" Closed Joint Stock Company "Registrar INTRAKO."

Appendix: 1 Treaty establishing the Open Joint Stock Company "Mordovia Energy Power

Corporation" in 2 copies.

2 Charter of Open Joint Stock Company "Mordovia Energy Power Corporation" in 2 copies.

Signature of the founder:

Of Closed Joint Stock Company

"Hydropower Company»

Budanov President Ivan __________________

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From the Municipal Unitary Enterprise

Community Education

Kovylkino "Kovylkinsky urban networks"

Director Nikolai Vasilyevich Malyshev __________________

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