June 6, 2007.  RSC Energia after S.P. Korolev,
the city of Korolev, Moscow Region

On June 4, 2007 Board of Directors of OAO Rocket and Space Corporation Energia after S.P. Korolev has approved the agenda of General Stockholders’ Meeting to be held on July 14, 2007.
During the Meeting stockholders are to approve an annual report, annual balance, including Profit and Report Statement, as well as look into the matter of profits distribution and dividend payment for 2006. Also the stockholders will nominate auditor of the Company, elect the Board of Directors members and Auditing Committee members, approve changes in some internal documents, review transactions with interested parties to be concluded over a period till the next annual stockholders’ meeting. In addition, the General Meeting will discuss the issue of the Corporation membership in the International Astronautic Federation.
Also the Board of Directors has approved the form and text of voting ballot-papers for the items on the Agenda of the Corporation Annual General Stockholders’ Meeting. The Board of Directors recommended to direct 128105.7 thousand rubles for dividend payment, on the basis of 114 rubles per common share.