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Rosseti North-West

May 29, 2008

Shares of IDGC of the North-West were admitted to the stock exchanges

RTS has started the shares trading since 27 May 2008; MICEX has started the shares trading since 29 May.

Ordinary registered shares of JSC Interregional Distributive Grid Company of the North-West at par value of RUR 0.1 were admitted to trading at two stock exchanges - RTS and MICEX Stock Exchange - without passing the procedure of listing.

RTS has started the shares trading since 27 May 2008; MICEX has started the shares trading since 29 May.

Codes of the shares in the RTS trading system: classical market - MRKZ, exchange market - MRKZG.

Code of the shares of IDGC of the North-West in the trading system of the MICEX Stock Exchange - MRKZ.

'Now low activity of investors in the beginning of the tendering is quite explainable. The securities are being studied. Within 3-4 quarters of this year, we predict growth of the value of shares within the limits of 35-40 percent,' Deputy General Director for the Corporate Governance of IDGC of the North-West Anatoly Kushnerov (on the photo) said. According to his words, the share of free-float in the market is nearby 25 percent.

 

 

 

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