History

October 2004	State registration of OGK-5 as a wholly owned subsidiary of RAO UES in Yekaterinburg.
December 2004	Formation of the share capital of OGK-5 by shares of JSC Konakovskaya GRES (51%) and JSC Nevinnomysskaya GRES (99.99%), as well as assets of Reftinskaya GRES and Sredneuralskaya GRES. Lease of assets of Reftinskaya GRES and Konakovskaya GRES to JSC Sverdlovenergo (subsequently JSC TGK-9)
January 2005	Outstanding shares become owned by OGK-5.
February 2005	Establishment of OGK-5’sbranches: the Central Office, Konakovskaya GRES, Nevinnomysskaya GRES, Reftinskaya GRES, Sredneuralskaya GRES
March 2005	The Federal Antimonopoly Service of Russia permits OGK-5 to acquire 49% of shares of Konakovskaya GRES. The Company obtains the license for use and maintenance of grids and heat networks.
September 2005	Appearance of minority shareholders in the share structure of OGK-5. Increase of OGK-5’s share in Konakovskaya GRES to 88.74%. Trading in OGK-5 shares commences on MICEX and RTS.
December 2005	The Federal Antimonopoly Service permits OGK-5 to acquire JSC Konakovskaya GRES and JSC Nevinnomysskaya GRES.
January 2006	As a result of the termination of lease agreements with TGK-9 related to assets of Reftinskaya GRES and Sredneuralskaya GRES, the two power plants become OGK-5’s production branches. On January 25, the corporate procedures related to the establishment of a single operating company are accomplished.
April 2006	JSC Konakovskaya GRES and JSC Nevinnomysskaya GRES cease to operate as independent companies. OGK-5 becomes a single operating company with four production affiliates: Konakovskaya GRES, Nevinnomysskaya GRES, Reftinskaya GRES and Sredneuralskaya GRES.
November 2006	IPO of OGK-5 raising $459 million.
March 2007	A Cooperation Agreement is signed between the Government of Stavropol Krai and OGK-5.
April 2007	Moody’s Investors Services assignes Ba3 rating to OGK-5. Standard & Poor’s assigns the corporate governance score (international scale: CGS-5, Russia: CGS-5.4) to OGK-5.
June 2007	Open auction for the sale of 25.03% stake of OGK-5’s share capital. Enel Investment Holding B.V. wins the auction. OGK-5 and the Government of Sverdlovsk Oblast sign a Cooperation Agreement
September 2007	On September 3, a record about the liquidation of JSC OGK-5 Holding is made to the Unified State Register of Legal Entities. Thus the reorganisation of RAO UES by the spin-off of a legal entity (OGK-5 Holding) with its simultaneous consolidation to OGK-5 is complete.

October 2007	On October, 16 placement of OGK-5 GDRS within the framework of RAO UES reorganisation was completed.
December 2007	On December, 27 in accordance with Order no. 147 of the Chairman of the Executive Board of JSC RTS SE, OGK-5 ordinary shares (ticker OGKE) were included into Quotation List A1.
January 2008	On January, 24 securities of OJSC OGK-5 were included into quotation list A1 of MICEX.
February 2008	On February, 26 the Board of Directors of OJSC OGK-5 elected Dominique Fache (Enel Country Manager for Russia and CIS) new Chairman of the Board of Directors of the Company.
April 2008	On April, 16 the OGK-5 Board of Directors appointed Anatoliy Kopsov as General Director of OGK-5. He will begin in this position on 1 May 2008.
May 2008	On May, 29 the Annual General Shareholders’ Meeting of OGK-5 elected Board of Directors and Internal Audit Commission.
June 2008	On June, 9 Evgeny Chernyshev was appointed First Deputy General Director – Chief Engineer of OJSC OGK-5.
July 2008	On July, 2 the Board of Directors of OGK-5 adopted resolution on placement of four series of OGK-5’s exchange bonds consisting of 8,000,000 (eight million) bonds, for a total value of 8,000,000,000 (eight billion) roubles.
July 2008	On July, 23 OJSC OGK-5 and Enel Produzione S.p.A. signed a contract for the CCGT-410 MW construction at Nevinnomysskaya GRES.
August 2008	On August, 8 the Board of Directors of OJSC OGK-5 approved the Code of Ethics and the Regulation on zero tolerance to corruption in OJSC OGK-5.
September 2008	On September, 16 works on construction of the new CCGT-410 MW at Sredneuralskaya GRES of OJSC OGK-5 began.
October 2008	On October, 14 the Board of Directors of OJSC OGK-5 made a decision to change the composition of the Company’s Executive Board.
November 2008	On November, 26 works on construction of the new CCGT-410 MW at Nevinnomysskaya GRES of OJSC OGK-5 began.
December 2008	On December, 15 the foresting of Ash Disposal Area ¹1 at Reftinskaya GRES of OJSC OGK-5 won “the Best Environmental Project of the Year” prize.
February 2009	On February, 27 OJSC OGK-5 signed a 12 year loan agreement with EBRD for Nevinnomysskaya new CCGT financing.
May 2009	On May, 15 OGK-5 net profit in first quarter of 2009 increases by 69%.
June 2009	On June, 11 Annual General Shareholders’ Meeting elected members of the Board of Directors and adopted the new brand of the Company OJSC ENEL OGK-5.
July 2009	On July, 28 OJSC Enel OGK-5 has successfully placed at MICEX commercial papers of the ÁÎ-01 and ÁÎ-02 series, each worth a total amount of 2 billion roubles.
August 2009	On August, 14 Enel OGK-5 net profit increases by 191% in the first half of 2009.