Results of the BoD on February 25, 2014

February 26th, 2014

Results of the Board of Directors on February 25, 2014

JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting on February 25, 2014.

***

The Board of Directors took a note on the report of the Management Board of RusHydro on implementation of four priority projects in the Far East of Russia.

The Board of Directors commissioned Evgeny Dod, Chairman of the Management Board of RusHydro, to submit the application to the President's Committee on development strategy of fuel and energy complex and environmental safety in order to determine further development and funding of construction of the Sakhalinskaya TPP No.2 after approval of the project by the Federal agency of expert assessment (FAU Glavgosexpertiza) and completion of technological assessment and price audit.

The Board of Directors commissioned Evgeny Dod, Chairman of the Management Board of RusHydro, to submit the report on implementation of four priority projects in the Far East of Russia for the Board of Directors' review by June 17, 2014.

About RusHydro:

RusHydro Group is one of Russia's largest generating companies. RusHydro is the leading producer of renewable energy in Russia with over 70 generating facilities in Russia and abroad. The company also manages a number of R&D, engineering and electricity retail companies. Group's thermal assets are operated by subsidiary - RAO Energy System of East in the Far East of Russia. Total electricity generation capacity of the Group is 37.5 GW, heat capacity - 16.2 thousand GCal/h.

Russian Federation owns 66.8% in RusHydro, the rest is held by other institutional and individual shareholders (over 360,000). The company's stock is traded on the MICEX and RTS stock exchanges, and included in MSCI EM и MSCI Russia indexes. Company's GDRs in the IOB section of LSE, ADRs - in OTCQX.

For more information:

JSC RusHydro, Investor Relations Department

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