The Board of Directors stipulated the executing of the JSC "Generation Company " budget for the first six months of 2009 as well as the financial and business performance for the same time period, elected the Chairman of the Board of Directors. Ilgizar Habirovich Gayfullin, Deputy General Director, Technical Director of JSC "Generation Company " was elected the Chairman.

Besides, the Board of Directors approved the Code of Corporate Behavior of JSC "Generation Company ". Till now JSC "Generation Company " based its activities on the Code of Corporate Behavior of JSC "Tatenergo", major company of the Holding. However, because of the current reorganization of JSC "Татэнерго", the necessity rose to develop and adopt the own rule of corporate behavior.

In the Code of JSC "Generation Company " are stated the basic principles of corporate behavior that has to be followed by the persons included in the managerial bodies of the company and the staff of the company.

The goals of the Code of Corporate Behavior are the improving and systematization of the corporate management of the open joint stock company "Generation Company ", provision of the bigger transparency of the company management and confirmation of the company readiness to follow the standards of the necessary corporate management.