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Mortgage-Backed Bonds Of SMA GPB-Mortgage Traded

On April 10th, 2008 the following securities, admitted to trading on OJSC "Russian Trading System" without listing procedure will start to be traded:

* Certificated bearer mortgage-backed bonds of "SMA GPB-Mortgage" OJSC (state registration 4-01-11429-А), Classic Market ticker – GPBI01, T+0 Market ticker – GPBI01G.

The Exchange executive body has set the following starting price for the first trading day and the price limits for orders:

96% of the outstanding bond par value (price limits +/- 25%);

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 Russian Trading System 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 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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