INTER RAO UES has completed the sale of its 3.26% stake in E.ON Russia. The stake has previously been acquired as part of the additional shares issue in 2011.

The sale has come as part of the implementation of INTER RAO's strategy regarding its minority stakes in electric power companies. The sale of the stake has been an all-cash deal with a net profit for INTER RAO. The sale proceeds will be invested in development of INTER RAO's main assets.

As a result of the deal, INTER RAO's stake in E.ON Russia has fallen to 0%.

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INTER RAO UES is a diversified energy holding working in various segments of Russian and international electric power industry. INTER RAO UES is a leading exporter and importer of electric energy in Russia actively increasing electricity generation and sales activities and developing new lines of business. INTER RAO UES corporate strategy is focused on making the company a global energy enterprise and a key player in the international energy market. INTER RAO UES Group owns and operates approximately 29,000 MW of installed power generating capacity.

www.interrao.ru

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