Cooperation Agreement Signed with Russia’s Federal Grid Company Extensive collaborative technology trials and demonstration projects for power transmission and distribution to be undertaken in Russia 

Tokyo, April 19, 2012 --- Hitachi, Ltd. (HYSE:HIT / TSE:6501) today announced the signing of a cooperation agreement on collaboration in the electric power industry with Federal Grid Company of Unified Energy System (FGC UES, Chairman: Oleg Budargin) of the Russian Federation (Russia). Hitachi intends to work with FGC UES to contribute to future new energy and infrastructure businesses in Russia by planning and implementing a wide range of collaborative technology trials and demonstration projects for power transmission and distribution, including improving energy efficiency at EMS(*1), load dispatch, and other sites; remote monitoring and diagnosis of substations; and improving the stability and reliability of large power grids.