Moscow, January 20, 2015 -- Moody's Interfax Rating Agency has today downgraded the national scale issuer rating (NSR) of FGC UES, JSC (FGC), the monopoly electricity transmission system operator in the Russian Federation, to Aa1.ru from Aaa.ru. The rating remains on review for downgrade. Moody's Interfax is majority-owned by Moody's Investors Service (MIS).

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