OREANDA-NEWS. Public Joint Stock Company "Inter RAO UES" ("Inter RAO", "Company", ticker on MOEX: IRAO), the largest diversified utilities holding in Russia, announces the results of the Board of Directors meeting of Inter RAO ("Board of Directors") held on December 20, 2016 by absentee voting.

The Board of Directors considered and adopted the following resolutions:

1. Consideration of the report of the Company's Management Board.

1.1. The Board of Directors, having considered the report of the Management Board of Inter RAO, made the decision in accordance with Annex № 1 to these minutes.

2. Approval of combining the positions by the Chairman or the member of the Company's Management Board in management bodies of other organizations.

2.1. Approve the combining by the Chairman of the Management Board of Inter RAO Kovalchuk Boris Yuryevich position of the Member of the Board of Directors of Joint Stock Company "Inter RAO Capital" (JSC "Inter RAO Capital").

2.2. Approve the combining by the Member of the Management Board - Head of the Legal Affairs Division of Inter RAO Konstantinov Mikhail Vladimirovich positions of:

1) Director, INTER RAO Management B. V.;

2) Member of the Management Board of RUS Gas Turbines Holdings B. V.;

3) Member of the Board of Directors of Open Joint Stock Company "Sangtudinskaya HPP-1" (JSC "Sangtudinskaya HPP-1");

4) Member of the Board of Directors of Joint Stock Company "Inter RAO Capital" (CJSC "Inter RAO Capital").

2.3. Approve the combining by the Member of the Management Board - Member of the Management Board - Chief Financial Officer of Inter RAO Miroshnichenko Evgeny Nikolaevich positions of:

1) Member of the Board of Directors of Public Joint Stock Company Mosenergosbyt (JSC Mosenergosbyt);

2) Member of the Board of Directors of Public Joint Stock Company "Saratovenergo" (JSC "Saratovenergo");

3) Member of the Board of Directors of Public Joint Stock Company "Tomsk energy retail company" (PJSC "Tomskenergosbyt");

4) Member of the Board of Directors of Limited Liability Company "Kaliningrad generation" (JSC "Kaliningrad generation");

5) Member of the Board of Directors of Joint Stock Company "Inter RAO Capital" (CJSC "Inter RAO Capital");

6) Member of the Board of Directors of Limited Liability Company "INTER RAO UES Finans" (LLC "INTER RAO Finance");

7) Member of the Board of Directors of Limited Liability Company "Bashkir generating company" (LLC "BGK");

8) Member of the Management Board of RAO NORDIC Oy;

9) Member of the Board of AB "INTER RAO Lietuva";

10) Member of the Board of Directors of Open Joint Stock Company "Sangtudinskaya HPP-1" (JSC "Sangtudinskaya HPP-1");

11) Director of INTER RAO Finance B. V.;

12) Member of the Board of Directors of Open Joint Stock Company "Hrazdan energy company" (JSC "HrazTES");

13) Member of the Board of Directors of Closed Joint Stock Company "Electric networks of Armenia" (CJSC "Electric networks of Armenia").

2.4. Approve combining by Member of the Management Board, Head of Strategy and Investment Division of Inter RAO Mirsiyapov Ilbatyrovich position of the Member of Board of Directors of Joint Stock Company "Inter RAO Capital" (CJSC "Inter RAO Capital").

2.5. Approve combining by Member of the Management Board, Head of Procurement Division of Inter RAO Filatov Dmitry Alexandrovich positions of:

1) General Director of LLC «Inter RAO Procurement Centre»;

2) Member of the Supervisory Board of INTER RAO Credit B. V.;

3) Member of the Board of Directors of Limited Liability Company "Bashkir Generating company" (LLC "BGK");

4) Member of the Board of Directors of Limited Liability Company "Inter RAO - Information Technologies" (LLC "Inter RAO - IT");

5) Member of the Board of Directors of Limited Liability Company "QUARTZ Group" (LLC "QUARTZ Group");

6) Member of the Board of Directors of Limited Liability Company "Coal mine" (LLC "Coal mine");

7) Member of the Board of Directors of Closed Joint Stock Company "Moldavskaya GRES" (CJSC "Moldavskaya GRES").

3. Approval of amendments to the Work Plan of the Company's Board of Directors for the years 2016-2017.

3.1. Approve the amendments to the Work Plan of the Board of Directors of Inter RAO for the years 2016-2017.

4. Determination of the amount and approval of related-party transactions.

Determine the amount and approve related-party transactions.

5. Determination of Inter RAO (its representatives') standpoint on issues of the agendas of the management bodies of legal entities controlled by the Company that are significant for the Company's business.

Determine Inter RAO (its representatives') standpoint on issues of the agendas of the management bodies of legal entities controlled by the Company that are significant for the Company's business.

The foregoing information is disclosed in compliance with the Securities Act of the Russian Federation.

Inter RAO is a diversified utilities holding headquartered in Moscow and managing assets in different countries. The company produces and sells electric energy and heat, trades energy on the international market, and engineers, designs and builds generating assets. Inter RAO Group owns and operates approximately 32.5 GW of installed power generating capacity. Inter RAO corporate strategy is focused on making the company a global energy enterprise and a key player in the international energy market.