MRSK Severo Zapada : Details of Certain Decisions Taken by the Board of Directors of the Issuer

1. General details

1.1. Issuer's full business name

Joint-Stock Company

"Interregional DistributionGrid Company of the North-West"

1.2. Issuer's abbreviated company name

IDGC of the North-West, JSC

1.3. Issuer's location

Russia, 188300, Leningrad Region, Gatchina, Sobornaya str, 31

1.4. Issuer's PSRN

1047855175785

1.5. Issuer's TIN

7802312751

1.6. Issuer's unique code assigned by the registration body

03347-D

1.7. Internet-page address used by the Issuer for information disclosure

www.mrsksevzap.ru, www.disclosure.ru/issuer/7802312751/

2. Contents of notice

2.1. Quorum of the session of the Board of Directors of the issuer and the results of decision-taking voting:

Quorum of the session of the Board of Directors:

6 out of the 11 members of the Board of Directors participating in the session, the required quorum was present.

issue No. 1: FOR - 6, AGAINST - 0, ABSTAINED - 0;

issue No. 2: FOR - 6, AGAINST - 0, ABSTAINED - 0;

issue No. 3: FOR - 6, AGAINST - 0, ABSTAINED - 0;

issue No. 4: FOR - 6, AGAINST - 0, ABSTAINED - 0.

2.2. Contents of decisions taken by the Board of Directors of the Issuer:

ISSUE No.1:On election of Acting Corporate Secretary of the Company at the session of the Board of Directors of the Company.

Issue put to vote:

Elect Natalya Vyacheslavovna Smelyanskaya Acting Corporate Secretary of the Company for the purposes of this session of the Board of Directors of IDGC of the North-West, JSC.

ISSUE No.2:On consideration of the report of General Director of the Company on financial-and-economic standing of the Company in 2014 and the forecast for 2015.

Issue put to vote:

1. Take under advisement the report of General Director of the Company on financial-and-economic standing of the Company in 2014 and the forecast for 2015 in accordance with Appendix No. 1 to this decision of the Board of Directors of the Company.

2. Confidential information.

3. Confidential information.

4. Confidential information.

ISSUENo. 3:On consideration of the report of General Director of the Company on execution of decisions of the Board of Directors of the Company:decision dated 16.06.2014 (Minutes No. 157/28) on Issue No. 17 "On approval of an in-house document of the Company - Regulations on Placement of Temporarily Free Cash Funds of the Company", decision dated 14.10.2014 (Minutes No. 166/8) on Issue No 6 "On introduction of amendments to the Regulations on Placement of Temporarily Free Cash Funds of the Company".

Issue put to vote:

1. Take under advisement the report on execution of the decisions of the Board of Directors of the Company dated16.06.2014 (Minutes No.157/28 dated19.06.2014) on the issue:"On approval of an in-house document of the Company - Regulations on Placement of Temporarily Free Cash Funds of IDGC of the North-West, JSC", dated14.10.2014 (Minutes No. 166/8 dated17.10.2014):"On introduction of amendments to the Regulations on Placement of Temporarily Free Cash Funds of the Company".

2. Confidential information.

3. Confidential information.

4. Confidential information.

ISSUE No.4: On early termination of powers and election of Chairman of the Board of Directors of IDGC of the North-West, JSC.

Issue put to vote:

1. Early terminate the powers of Sergey Gennadyevich Titov as Chairman of the Board of Directors of the Company since 16.01.2015.

2. Elect Svetlana Semenovna Zholnerchik Chairman of the Board of Directors of the Company since17.01.2015.

2.3. Date of arrangement of the session of the Board of Directors of the Issuer whereat the relevant decisions were taken: 16.01.2015;

2.4. Generation date and number of the minutes of the session of the Board of Directors of the Issuer whereat the relevant decisions were taken: No. 173/15 dated 19.01.2015.

3. Signature

3.1. Deputy General Director for Corporate Governance of IDGC of the North-West, JSC

(pursuant to Power of Attorney No. 140 dated 26.08.2014)

D.A. Orlov

(signature)

3.2. Date "19" January 2015 Seal here