November 23th, 2012 Notice of Management Shareholding JSC RusHydro announces that Alexey Maslov, Deputy Chairman of the Management Board, acquired 0.001558% of the Company’s shares. Alexey Maslov didn’t hold RusHydro’s shares before.Alexey Maslov financed the acquisition of these shares from his own funds.  For more information:JSC RusHydro, Investor Relations DepartmentTel. +7 (495) 225-3232 ext. 1319, 1394, 1607ir@rushydro.ru DISCLAIMERThe information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. One 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 from these statements. 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 and rapid technological and market changes in our industries, as well as many other risks specifically related to RusHydro and its operations.