| As at 31 December 2004, the share capital of OAO RAO "UES of
Russia" amounted to RUB21,558,451,684, and was divided into 43,116,903,368 shares of
RUB0.50 par value each, including 41,041,753,984 ordinary shares and 2,075,149,384
preferred shares. 139,989,946 shares were issued in the first issue in 1993 in
accordance with the privatization plan, including 6,737,498 preferred shares and
133,252,448 ordinary shares (state registration number of the issues: 73-I
"Ï"-1553).
In the second issue, 42,976,913,422 shares were issued, of which 2,068,411,886 were
preferred shares and 40,908,501,536 were ordinary shares (state registration number of the
issues: ÌÔ73-1-00901). The shares were distributed among the existing shareholders of
the Company. In accordance with the laws then in effect, the reports on the results of the
first and second issues were not registered with the regulators.
In 2003, the FCSM of Russia cancelled the previous issues and assigned new state
registration numbers to the Company's shares: 2-01-00034-A of 17 June 2003 for preferred
shares and 1-01-00034-A of 17 June 2003 for ordinary shares.
The State owns 22,715,371,537 shares, or 52.68% of all issued shares.
| Major
shareholders of OAO RAO "UES of Russia" * |
|
|
|
Stake, % |
| Russian
Federation represented by the Federal Agency for Management of Federal Property |
52.6831 |
| Non-profit
Partnership "National Depository Center" (as nominee) |
15.5953 |
| ING BANK
(EURASIA) ZAO (as nominee) |
9.4645 |
| ZAO
"Depository Clearing Company" (as nominee) |
5.9929 |
| OAO
"Savings Bank of the Russian Federation" ("Sberbank") (as nominee) |
5.3227 |
* as at 31 December 2004

Number
of Shares in OAO RAO "UES of Russia" Held by the State* |
| |
2002 |
2003 |
2004 |
| Ordinary
shares |
|
|
|
| State
ownership, total |
22,512,343,161 |
22,569,848,313 |
22,569,848,313 |
| including: |
|
|
|
| Ministry of
Property Relations of the Russian Federation** |
22,512,329,609 |
22,569,834,761 |
22,569,834,761 |
| Regional
Property Funds |
13,552 |
13,552 |
13,552 |
| Preferred
shares |
|
|
|
| State
ownership, total |
145,523,224 |
145,523,224 |
145,523,224 |
| including: |
|
|
|
| Ministry of
Property Relations of the Russian Federation** |
145,523,224 |
145,523,224 |
145,523,224 |
* as at 31 December 2004
** as at 31 December 2004, the Russian Federation represented by the Federal Agency for
Management of Federal Property
| Number
of Shareholders of OAO RAO "UES of Russia", by Size of Holding |
Shareholding |
Number of
shareholders |
Number of
nominees |
|
|
Ordinary shares |
Preferred shares |
Ordinary shares |
Preferred shares |
| 1 – 10,000 |
300,607 |
71,287 |
10 |
10 |
| 10,001 –
100,000 |
11,164 |
9,949 |
6 |
3 |
| 100,001 –
1,000,000 |
1,009 |
157 |
8 |
4 |
| 1,000,001
– 10,000,000 |
114 |
8 |
6 |
3 |
| over
10,000,000 |
5 |
2 |
10 |
6 |
| TOTAL |
312,899 |
81,403 |
40 |
26 |
|