Disclaimer

This annual report of JSC IDGC of the North-West for 2012 (hereinafter the Annual Report) was prepared on the basis of information available to the Company at the moment of its preparation.

This Annual Report contains information on the results of the Company's activities for 2012 and estimates and forecasts of the authorized management bodies with respect to future events and/or actions, perspectives of development of the industry in which JSC IDGC of the North-West carries out its primary activities, including the Company's plans, probability of occurrence of certain events and performance of certain actions.

Investors shall not fully rely upon the estimates and forecasts of the Company's management bodies because they present one of multiple courses of events and actual results of the Company's activities in the future may differ from the forecasted results for many reasons.

Certain statements in this Annual Report are not facts of reality but forward-looking statements. Words such as "plan", "will", "expect", "anticipate", "believe", "will amount", "will occur", etc. are of a forecast nature and imply the risk of possible non-occurrence of expected events and actions. Due to these reasons the Company warns that actual results or a course of certain events may differ materially from forward-looking statements contained in this Annual Report as of the moment of its preparation.

Unless otherwise provided by law, the Company undertakes no obligation to revise or confirm any estimates or forecasts or to publish any updates and amendments of the forward-looking statements contained in this Annual Report, whether as a result of future events or new information.

Information on the Company's management is provided in accordance with Law No.152-FZ on Personal Data of July 27, 2006.