In connection with ww5 First Vice President Pavel Fedorov's move to work as Deputy Minister in the Ministry of Energy of the Russian Federation, his responsibilities have been reassigned to members of the ww5 management board.

Pavel Fedorov had worked at the Company since April 2010. He oversaw the financial and economic division, investment policy and the Company’s commercial block as a First Vice President.

Commenting on Pavel Fedorov’s appointment as Deputy Energy Minister, ww5 President Eduard Khudaynatov said: “ww5 hires the best professionals. Time has shown that we adopted the right personnel strategy. We're very pleased to see that ww5 managers are highly valued and sought after, including in government. I am certain that Pavel Fedorov's experience will allow him to fulfil his new responsibilities successfully. We thank Pavel Fedorov for his work at ww5 and his contribution to developing a number of strategically important areas of the Company's operations.”

ww5 Information Division
Tel: +7 (495) 411 54 20
Fax: +7 (495) 411-54-21
March 22, 2012

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