JSC TGC-1 placed bonds for financing of its Investment programme. The bonded loan of JSC TGC-1 series 03 was placed by open subscription on December 27, 2011. The bonded loan was fully bought out by the market.

On December 27, 2011 placement of 2 million bonds of JSC TGC-1 of series 03 with a nominal value of 1 thousand rubles each for the period of 10 years by open subscription will start at MICEX stock exchange.

On December 8, 2011 Federal Financial Markets Service of Russia registered the issues and prospectus of bonds of JSC TGC-1 series three to six for the total amount of 8 billion rubles, placed by public subscription for the purpose of financing the implementation of CCGT-450 construction project at Pravoberezhnaya CHPP.

JSC TGC-1 releases its interim abbreviated consolidated Financial Statements for the 9 months period ended September 30, 2011 prepared in accordance with International Financial Reporting Standards (IFRS).

The Company’s revenue for the period from January till September of 2011 equaled 41.5 billion rubles which exceeded the identical result of the last year by 20%.

On October 27th, 2011 the Board of Directors of JSC TGC-1 approved the prospectus for the issue of the Company’s bonds. Four tranches of debt securities (3rd, 4th, 5th and 6th series) with the amount of 2 million rubles each will be issued for the period of 10 years. Par value of bonds is one thousand rubles per bond.

Gross electricity output by power plants of JSC TGC-1 in Saint Petersburg, Republic of Karelia, Leningrad Oblast and Murmansk Oblast (including Murmanskaya CHPP) for 9 months of the year 2011 equaled 20,718.5 million kW/h.

The Board of Directors has approved the General Director’s report on the results of implementing the business plan of the Company and the progress of investment projects in the 1st half of 2011 during its ordinary meeting.

JSC TGC-1 releases its summary interim consolidated Financial Statements for the six months ended June 30, 2011 prepared in accordance with International Financial Reporting Standards (IFRS).

JSC TGC-1 publishes its Accounting Statements for the first half of 2011 prepared under Russian Accounting Standards.