COMMITTEES OF THE COMPANY’S BOARD OF DIRECTORS APPOINTED

23 October 2008

ОАО “IDGC of Urals” (RTS and MICEX: MRKU), united operating company of the Urals region exercising control over distributive grid complexes in Sverdlovsk, Chelyabinsk, Kurgan and Perm regions – reports on the membership of BoD committees.

On October 21, 2008, Company’s Board of Directors defined total number of members and membership of the Audit Committee and Reliability Committee as well as the Chairmen of the Personnel and Remuneration Committee and Strategy and Development Committee.

Thus, since October 21, 2008 the Company’s committees are as follows:

1) Audit Committee:

Pavel Ivanovich OKLEI

Deputy General Director – Technical Director at ОАО «Holding MRSK»

Audit Committee Chairman

Yuri Vitalyevich LOGINOV

Managing consultant at “Branan”

Tatiana Vladimirovna GAVRILOVA

Analyst at «Halcyon Advisors»

2) Reliability Committee:

Pavel Ivanovich OKLEI

Deputy General Director – Technical Director at ОАО «Holding MRSK»

Reliability Committee Chairman

Yulia Vladimirovna DOBAKHYANTS

Leading expert, Section of Operating Technological Management Development, Operating Technological Management Department at ОАО “Holding MRSK”

Irina Nikolaevna YULDASHEVA

Deputy General Director for Economics and Finance at ОАО “IDGC of Urals”

Eduard Vladimirovich SHAPOCHKIN

Deputy Chief Operating Officer on Technical Maintenance and Repairs at ОАО “IDGC of Urals”

Yuri Vyacheslavovich LEBEDEV

Deputy General Director on Technical Issues – Chief Operating Officer at ОАО “IDGC of Urals”

Anatoly Alekseevich ZAITSEV

Head of Quality Control Section, Technical Inspection Department at ОАО “IDGC of Urals”

3) Personnel and Remuneration Committee:

Viktor Evgenyevich LUTSKOVICH

Deputy Head, Personnel Management Department at ОАО “Holding MRSK”

Personnel and Remuneration Committee Chairman

Natalya Ilyinichna ERPSHER

Head of Organizational Development Directorate at ОАО “Holding MRSK”

Aleksei Ivanovich SEDYKH

First Deputy General Director at ОАО “IDGC of Urals”

Vladimir Mikhailovich MATYUK

Deputy Director on Personnel and Organizational Engineering at ОАО “IDGC of Urals”

Svetlana Andreevna MURAVYOVA

Head of Corporate Section at Moscow Representative Office of “E.D.M. Electricity Distribution Management (Cyprus) Limited”

4) Strategy and Development Committee:

Andrei Borisovich LUKIN

Director, Head of Strategy and Development Center at ОАО “Holding MRSK”

Strategy and Development Committee Chairman

Aleksei Viktorovich SHLYKOV

Director for Finance at ОАО “Holding MRSK”

Aleksei Ivanovich SEDYKH

First Deputy General Director at ОАО “IDGC of Urals”

Sergey Aleksandrovich SEMERIKOV

Deputy General Director for Capital Construction, Strategic Development and Investments at ОАО “IDGC of Urals”

Konstantin Vladimirovich SHEVCHENKO

Director of Moscow Representative Office of “E.D.M. Electricity Distribution Management (Cyprus) Limited”

These committees will enable to elaborate in greater details on the issues being the competence of the Board of Directors, therefore, increasing its effectiveness and performance.

Creation of the BoD committees is continued Company’s policy of improving Corporate Governance standards.

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