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Rosseti North-West

November 22, 2008

IDGC of North-West plans to went through the listing procedure at MICEX

In November of the current year MICEX made up 676 transactions with IDGC of North-West, JSC shares. Trades’ volume accounted for RUR 27.3 million.

IDGC of North-West, JSC is ready to go through the listing procedure at MICEX. According to Andrey Karandashev, Head of the corporate relations department and operating company property management, all the necessary procedures are planned to be completed by the end of December, 2008. Now the company is working under the necessary package of documents.

It is expected that after all the procedures completion the securities of IDGC of North-West, JSC will be included into the MICEX quotation lists.

“To increase the company’s current market value and its stable work, especially in the economic crisis conditions we are extremely interested in the interest increase from the part of the potential investors,” said Alexey Karandashev.

As it was specified in the capital management department of the company’s executive administration 676 transactions with IDGC of North-West, JSC were made at MICEX only in November 2008. Trades’ volume accounted for RUR 27.3 million.

It should be mentioned that since May 29, 2008 the ordinary shares of the “Interregional Grid Company of North-West”, Joint-Stock Company were allowed to MICEX trades without going through the listing procedure.

IDGC of North-West shares’ code in MICEX trading system is MRKZ.

 

 

 

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