Statement on material fact “Data on suspension and resumption of securities issue”

Statement on material fact

“Data on suspension and resumption of securities issue”

1. General information
1.1. Full company name of the issuer	Open Joint Stock Company “Interregional Distributive Grid Company of the South”
1.2. Short company name of the issuer	“IDGC of the South”, JSC
1.3. Location of the issuer	49 Bolshaya Sadovaya str., Rostov-on-Don, the Russian Federation, 344007
1.4. PSRN of the issuer
1.5. TIN of the issuer
1.6. Unique issuer’s code, assigned by the registration authority	34956-Е
1.7. Internet website address used by the issuer for information disclosure	http://www. *****

2. Statement content

“Data on suspension of securities issue”

2.1. Statement on material fact containing data on suspension of securities issue specifies: 2.1.1. Type, category (class), series and other identification features of securities: non-convertible interest-bearing certificated bearer bond series 01 with obligatory centralized deposit and serial repayment in the following periods: 50 (Fifty) percent from nominal value on January 21, 2009, 50 (Fifty) percent from nominal value on July 21, 2010, (further referred to as Bond or Bonds). 2.1.2. Maturity period (for bonds and issuer’s options): Bonds are to be serially repaid in the following periods: - 50 (Fifty) percent from nominal value on January,, - 50 (Fifty) percent from nominal value on July, If discharge date of each part of nominal Bonds value falls on a day-off (no matter if it is a public holidays or a day-off for settlement operations) repayment of the sum due is made on the first working day following the day-off. Owner of “IDGC of the South”, JSC Bonds is not liable to require accrued interest or any other compensation for such delay in payment. Early repayment of Bonds is not stipulated. 2.1.3. State registration number of securities issue (additional issue) and date of state registration (identification number of securities issue (additional issue) and assignment date in case securities issue (additional issue) is not subject to state registration) in conformity with the Federal Law “On securities market”: E dd March 12, 2008. 2.1.4. Name of registration authority which made state registration of securities issue (additional issue) (name of authority which assigned identification number to securities issue (additional issue) in case securities issue (additional issue) is not subject to state registration) in conformity with the Federal Law “On securities market”): Federal Financial Markets Service. 2.1.5. Number of securities placed and nominal value of each security (if nominal value is stipulated by the Russian Federation legislation): 3 000 000 (Three million) pieces with nominal value of 1 000 (One thousand) rubles each. 2.1.6. Method of securities placement (if securities are placed by private subscription it is also the circle of potential buyers of securities): conversion in case of reorganization by affiliation. Conversion of certificated non-convertible interest-bearing bearer bonds of Joint Stock Company of electricity and electrification of Kuban (further referred to as “Kubanenergo”, JSC) series 01 with centralized deposit and serial repayment in the following periods: 50 (Fifty) percent from nominal value on the 546th (Five hundred and forty-sixth) calendar day from the beginning day of placement, 50 (fifty) percent from nominal value on the 1 092nd (One thousand ninety-second ) calendar day from the beginning day of placement (state registration number of issue: A, date of state registration: June 5, 2007, beginning date of placement: July 25, 2007) of Bonds issue. Bonds are placed to Joint Stock Company “Interregional Distributive Grid Company of the South” in the restructuring process of Joint Stock Company of electricity and electrification of Kuban in the form of affiliation. 2.1.7. Period (beginning and termination dates) of securities placement and order of its determining): Date of Bonds placement is the date of entry in the Unified State Register of Companies about termination of activity of “Kubanenergo”, JSC. The beginning and termination dates of bonds placement coincide. 2.1.8. Price of securities placement or order of its determination: not stipulated for this method of securities placement. 2.1.9. Method of payment for securities placement: not stipulated for this method of securities placement. 2.1.10. Date of suspension of securities issue: November 24, 2009. 2.1.11. Name of registration authority which decided to suspend securities issue: Federal Financial Markets Service. 2.1.12. Reason for suspension of securities issue: report on securities issue results and documents which prove information disclosure of state registration of securities issue by the Issuer were not submitted to registration authority at the stage of state registration procedure. 2.1.13. Acceptance date of registration authority notification on suspension of securities issue: November 27, 2009. 2.1.14. Limitations resulted in suspension of securities issue: Any securities placement transactions and promotion are prohibited from the date of the Issuer’s preliminary notification on suspension of securities issue. Since the date of preliminary notification the Issuer is not liable to accept transfer orders in reference to securities placement transactions issue of which was submitted as well as carry out any other measures except from cases stipulated by the Russian Federation laws and legislative acts, normative acts of the federal executive authority in securities market.

3. Signature

3.1. Deputy CEO, Corporate Management (under power of attorney No МРЮ-1/163 dd 25.12.2008) Brizhan V. V. signature L. S. 3.2. Date November 27, 2009