02.02.2011 JSC Machine-Building Factory of Podolsk concluded an Agreement with Corporation

Energomashexport LLC for development of design documentation, manufacture and supply of a heat

recovery boiler complete with auxiliary equipment for the first power unit of a CCGT plant with electric

power of 110 MW for CHP CCGT "GSR Energo" St. Petersburg, Kolpino.

JSC Machine-Building Factory of Podolsk in accordance with the concluded Agreement dated

12.11.2009. under the state contract with KOMPOMASH-TEK CJSC related to : “Development of

equipment for steam-thermal impact on oil reservoirs in order to increase oil production", continues to

carry out research and development work and manufacture of a steam generator with steam production

capacity of 10 tons per hour with the following parameters: steam pressure - 30 MPa and steam

temperature - 400°C. The start-up of the steam generator is scheduled for the fourth quarter of 2011