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Trading In PROMINVEST Securities Starts

On January 21st, 2008 the following securities start to be traded on OJSC "Russian Trading System", which are included in the List of securities, admitted to trading without listing procedure:

* JSC "PROMINVEST" ordinary shares, Classic market ticker - PRMI, T+O ticker - PRMIG.

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 PRMIG – 1 ruble (price limit +/- 50%);

For PRMI - starting price is calculated in US dollars at the Central Bank exchange rate as of January 21st, 2008 basing on the starting price set for PRMIG (price limit - +/- 50%).

The Russian Trading System 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 – Russian Trading System Index.

Trading on securities on T+0 market of OJSC Russian Trading System 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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