Moscow, Russia - 31 October 2007 - JSC Sistema-Hals (LSE, MICEX, RTS: HALS), a leading, diversified company in the Russian and CIS real estate market, has announced the beginning of trading in its ordinary, dematerialised registered shares on RTS.

Shares in JSC Sistema-Hals have been included on the exchange's list of ‘securities admitted to trading but not officially listed', from 30 October 2007, under the ticker HALS.

"We believe that joining RTS will help make Sistema-Hals shares more attractive for investors and boost the company's market capitalisation," commented Sistema-Hals President Felix Evtushenkov.