Moscow, December 10, 2007 – OAO RBC Information Systems (MICEX, RTS: RBCI), a Russian?]based mass media group, announces the successful placement of all 20,740,000 ordinary shares, which was oversubscribed. The share offering represents a 14.8% equity increase on a post?]offering basis.

As a result of the equity increase, the company has raised approximately RUR 4.58 billion, which amounts to approximately $187 million, based on the exchange rate of the Russian Central Bank as of 7 December 2007. The shares were placed at a price of RUR 221 per ordinary share simultaneously on the Moscow Interbank Currency Exchange (MICEX) and the Russian Trading Systems (RTS) on December 7, 2007.

Approximately 17.9 million shares were placed with existing shareholders. The remaining 2.8 million shares were placed with new investors in the open subscription, while the demand from these investors amounted to about 11 million shares.

UniCredit ATON acted as lead manager and book?]runner for the offering. RBC intends to use the proceeds of the share offering to finance its media acquisitions. RBC Chairman and CEO German Kaplun highly appreciated the results of the transaction. “I am very much gratified by the strong support from shareholders and would like to thank them for their trust. Now the company has the necessary funds for the next stage of active growth in the mass media field. I am also very grateful to our lead managers for their quality performance – as in previous equity increases, the book was oversubscribed as well.”

Commenting on the announcement, Sergey Sidorov, UniCredit Aton’s Head of Capital Markets said: “We are delighted with the results of the offering. RBC’s strong growth and high profile in the capital markets since its IPO attracted good demand from both existing and new investors.”