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Rosseti North-West

July 9, 2009

The shares of IDGC of North-West grew by over 60% from the beginning of the year

The average amount of trade of the Company’s shares at the MICEX Stock Exchange is reaching 50m pieces.

The shares of IDGC of North-West grew by 66% during the first six months of 2009. According to MICEX Stock Exchange, the tender closing price on 30 June, 2009, was RUR 0.0825. The growth during the half-year was 63.04%. The Company’s capitalization has shown positive results from the end of 2008.

The average amount of trade of the Company’s shares at MICEX Stock Exchange during the first six months of 2009 was 48.6 million pieces. A similar indicator in 2008 was 13.06 million pieces. The average amount of trade of the shares of IDGC of North-West at MICEX Stock Exchange in the first month after the trade started was 0.9m pieces.

According to the information on the date of closing of the register, as of 5 May, 2009, Mellon Bank NY increased its share of participation in the joint-stock capital of IDGC of North-West during the year from 0.008% to 6.2%, and, thus, made its share holding be 5,981,465,186 shares.

The information of IDGC Holding JSC about change of interregional network companies to use of a uniform share from 2011 influenced the proc4ess of trade of the shares of IDGC of North West. The volume of trade on 3 July, 2009, grew three times, as compared to the previous day.  The growth of capitalization of IDGC of North-West that day was 2.5%.

On 16 July, IDGC of North-West plans to publish its 2008 reporting under the International Financial Reporting Standards with similar indicators of 2007.On 27 May, 2008, IDGC of North-West was permitted to trade its ordinary nominal shares of  with the par value of RUR 0.1 at the RTS stock exchange, and on 29 May, 2008, at the MICEX stock exchange.

 

 

 

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