OAO “IDGC OF URALS”: SHARE ISSUE MERGED

12 September 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 and Perm regions, Russia reports on merger of additional share issues on the leading Russian trading venues.

According to the Listing and Trading Rules, on September 12, 2008 MICEX stopped trading additional common non-documentary share issues of OAO “IDGC of Urals” (tickers: 002D, 003D, 004D, 005D, 006D and 007D).

MICEX made the following alterations to the issue parameters:

Parameters

Current

New

Issuer

ОАО «IDGC of Urals»

ОАО «IDGC of Urals»

Type of share

common

common

State registration number

1-01-32501-D

1-01-32501-D

ISIN code

RU000A0JPPT1

RU000A0JPPT1

Ticker

MRKU

MRKU

Nominal value (RUR)

0.1

0.1

Total amount (units)

100 000 000

87 430 485 711

On September 12, 2008 Russian Trading System (RTS) also made alterations to the parameters of the Company’s state registration issue number. New parameter of the state registration number is 1-01-32501-D dated May 03, 2005.

Thus, since September 12, 2008 common registered non-documentary shares of OAO “IDGC of Urals” are traded under united state registration number and ticker mrku both in RTS and on MICEX.

For additional information on the Company, please, visit the Company’s corporate web-site as well as Complex Information Disclosure System (www.skrin.ru), Interfax (www.interfax.ru) and AKM (www.akm.ru).

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