Shares to start trading on St. Petersburg Exchange

JSC Russian Grids

Company's ordinary shares to start trading on Saint-Petersburg Exchange

4 June 2014. Moscow, Russia. - JSC Russian Grids (LSE: RSTI) (the "Company"), the largest electricity transmission and distribution grid company in Russia, today announces that starting June 6, 2014, the Company's ordinary shares (state registration number 1-01-55385-Е of July 29, 2008) will be included in the list of tradable securities on Open Joint-Stock Company SAINT PETERSBURG EXCHANGE, without inclusion to quotation lists.

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For further information:

JSC Russian Grids

Maria Stepanova, Head of IR +7(495) 995 5333 (ext. 3961)

Yulia Martynova, IR +7 (495) 995 5333 (ext. 3834)

FTI Consulting

Larisa Millings +44 (0)20 3727 1364

Maria Shiryaevskaya +7 (495) 795 0623

Olga Lundquist +7(495) 795 0623

JSC Russian Grids is the largest electricity transmission and distribution grid company in Russia. It is also one of the largest electricity transmission and distribution grid companies in the world by length of electricity lines and installed transformer capacity. JSC Russian Grids holds interests in and manages 15 distribution grid companies and Federal Grid Company in Russia. The Company together with its subsidiaries owns and operates 2.25 million kilometers of electricity transmission and distribution lines with a total installed transformer capacity of 743 GVA. The Company operates in 74 regions of Russia covering the area of 13.6m sq. km.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of JSC Russian Grids. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might" the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industry, as well as many other risks specifically related to JSC Russian Grids and its operations.