06
June
2005
The IFC «METROPOL» is an adviser of the OJSC «WGC-3 and OJSC «WGC-1» on the questions of securities issue
The boards of directors of the open
joint-stock companies «The First Wholesale — Generating
Company» («WGC-1») and «The Third Wholesale — Generating
Company» («WGC-3») have adopted the IFC «METROPOL»
as their adviser on the questions of securities
issues. The Company «METROPOL» renders services to the above
mentioned two companies in connection with preparation
of prospectus of shares and monitoring
of information disclosed by emitters. The issues have
been registered by the Federal Service of Financial
Reconnaissance (FSFR) of Russia and the shares are allocated
among the founders. 17,252,039,909 shares
of «WGC-1» by nominal value 1 rouble have been
allocated, and the total amount of issue by nominal value
equals to 17,252 billion roubles ($608 million),
as well as 16,629,846,629 shares
of «WGC-3» by nominal value 1 rouble have been
allocated, the total amount of issue by nominal value
being 16,629 billion roubles ($586 million).
The joint stock companies «WGC-1» and
«WGC-3» are dependent upon the Russian joint stock corporation
«United Energy Systems» (RAO UESR). The company
«WGC-1» includes the Verkhne-Tagilsk state district power
station (SDPS), Nizhnevartovsk SDPS, Urengoy SDPS, Iriklinsk SDPS
and hydro-electric power station (HEPS), Perm SDPS and Kashira
SDPS-4. The company «WGC-3» includes five power stations:
JSC «Kostroma SDPS», «Pechora SDPS», «Cherepetsk SDPS ",
Gusinoozersk SDPS and Haranorsk SDPS. The shares of the first
three power stations which are included in »WGC-3«, get
quotes at the RTS stock exchange.
