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Trading In RIM Investment Funds Starts

On December 19th, 2007 the following securities, which join the List of securities, admitted to trading, but not included into quotation lists, will be admitted to trading on OJSC “RTS”:

* RIM investment funds managed by Renaissance Investment Management (RTS Classic market ticker – RENMAM, T+0 market ticker – RENMAMG)

By the decision of the Executive body of the Exchange the following starting prices and price limits for orders are set for the first trading day:

For RENMAMG – 1087 rubles (price limit +/- 35%)

For RENMAM - starting price is calculated in US dollars at the Central Bank exchange rate as of December 19th, 2007 basing on the price set for RENMAMG (price limit - +/- 75%).

The RTS Classic market is the oldest organized stock market in Russia – started its work on July 5th 1995. The prices that are being formed on the Classic market are a well-acknowledged guideline for the investors who make deals with Russian shares and depositary receipts for them. Information on trading on RTS is transmitted to a large number of clients in Russia and abroad and is a basis for calculating the main benchmark of the Russian stock market – RTS Index.

Trading on securities on T+0 market of OJSC RTS is held on the basis of anonymous trading of Order-Driven Market via technology “Delivery Versus Payment” with 100% depositing of assets. -- www.rts.ru

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