Agenda of the BoD on November 11 2011

November 3rd, 2011

Agenda of the Board of Directors Meeting on November 11, 2011

JSC RusHydro (ticker symbol: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces that following the decision of the Chairman of the Board of Directors the Board of Directors meeting scheduled for November 2, 2011 has been postponed to November 11, 2011.

The agenda of the meeting includes the following issues:

1. On participation of RusHydro in share capital of other corporates.

2. On approval of the maximum cost of services to audit the financial statements of RusHydro under the Russian accounting standards for 2013-2014.

The information on decisions of the Board will be made available in compliance with regulatory requirements.

For more information:

JSC RusHydro, Investor Relations Department

Tel. +7 (495) 225-3232 ext. 1319, 1394, 1607

ir@rushydro.ru

DISCLAIMER

The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. One can identify forward-looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements.

We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia and rapid technological and market changes in our industries, as well as many other risks specifically related to RusHydro and its operations.