The company has an opportunity to involve Russian and foreign institutional investors in the long-term.

Ordinary registered uncertificated shares of IDGC of North-West, JSC, are admitted to trading at MICEX within the process of the outstanding, with passing a listing by inclusion of the securities list in the "B" Quotation List section.

"IDGC of North-West has completely met the requirements of the stock exchange regarding the information disclosure, market capitalization and number of shares in free float, as well as observance of certain norms of corporate conduct," - Chief of the Corporate Relations and Property Management Department of IDGC of North-West Andrey Karandashev said.

According to his words, any company which has passed the listing procedure receives a number of undeniable advantages. The main ones are an increase of liquidity of securities, expansion of a group of shareholders, and an improvement of the company image.

"IDGC of North-West has an opportunity to involve in the long-term the most conservative investment community - Russian and foreign institutional investors," Andrey Karandashev specified.

"During the financial and economic crisis, the Russian companies will soon face a problem of attraction of cheaper financing of investment programs. And the companies' moving to the international capital markets by issuing depositary receipts (ADR/GDR) is possible only provided the listing was passed at the Russian stock exchange," he said.

Information: Ordinary shares of IDGC of North-West, JSC, are admitted since 29 May 2008 to trading at the MICEX stock exchange without passing the listing procedure.

The capital stock of IDGC of North-West, JSC, after DGCs' transition to the uniform share since 1 April 2008 equals RUR 9 bn 578.7 million; it is divided into 95.787 bn ordinary shares of RUR 0.1 par value each.