In the Third Quarter of 2008, IDGC of Centre Expects to Receive a Net Profit of RUR 153M 40K

Moscow, Russia, September 14, 2008 --(PR.com)-- IDGC of Centre, JSC has published the expected results of its activity for the third quarter, 2008. During this period the company expects to receive proceeds of RUR 10bn 158m 693k, a total profit of RUR 848m 095k and a profit before tax of RUR 360m 494k.

In the third quarter, 2008, the net profit of IDGC of Centre is expected to make RUR 153m 40k.

About us: “Interregional Distribution Grid Company of Centre”, Joint-Stock Company was registered on December 17, 2004. The capital stock of IDGC of Centre, JSC as of March 31, 2008, equals RUR 4, 221, 794, 146.80. IDGC of Centre, JSC includes the following branches: Belgorodenergo, Bryanskenergo, Voronezhenergo, Kurskenergo, Kostromaenergo, Lipetskenergo, Tverenergo, Smolenskenergo, Orelenergo, Tambovenergo and Yarenergo. The Company Director-General is Evgeny Fedorovich Makarov. The total length of transmission lines accounts for 365,769.7 km. Main achievements: certificate of conformity of the Quality Management System with the requirements of ISO 9001:2000, certificate for receiving the rating of corporate governance 6+ under the scale of the National Rating of Corporate Governance. “Developed Corporate Governance Practice” National Rating Agency gave a rating of credit solvency to IDGC of Centre, JSC on level A - high credit solvency, the 2nd level. IDGC of Centre, JSC successfully passed certification audit for reception of the degree of conformity with the second level of technological maturity in the field of project management (IPMA). It became a corporate member of SOVNET Russian Project Management Association forming a part in the International Project Management Association (IPMA) (Zurich, Switzerland). In 2008 - Business Process Excellence Award 2008 in the Bussiness Perfomance Improvement nomination.

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