Over the week of June 23rd – 27th, 2008, RTS Index went down by 2,77% and reached 2318,61 points (2384,75 points as of June 20th, 2008). Leaders of negative impact on RTS Index became Sberbank (SBER) ordinary shares (-13,34 points), ОАО "LUKOIL" ordinary shares (LKOH), (-12,18 points), Surgutneftegas (SNGS) ordinary shares (-6,84 points).

Today OJSC "Russian Trading System" Stock Exchange" implements its new electronic netting technology for settlement of CCP trades executed on the equity market.

On July 4th, 2008 the number of ordinary shares of JSC "FEEC" (Classic Market ticker – DVEC, T+0 Market ticker – DVECG) will be changed, due to the annulment of individual numbers (codes) of additional issues of registration numbers – 1-01-55275-E-001D of 29.11.2007 and 1-01-55275-E-002D of 29.11.2007.

Over the week June 9th – 11th, 2008 RTS Index gained 0,60% to reach 2356,71 points (2342,70 points as of June 7th, 2008). Most of the positive impact on RTS Index became ОАО "LUKOIL" ordinary shares (LKOH) (plus 8,67 points), JSC Uralkali (URKA) (plus 6,16 points), Gazprom ordinary shares (GAZP) (plus 3,94 points).

The price for ordinary shares of Moscow City Electricity Distribution Company (Classic Market ticker – MGRS), employed in calculation of RTS-2 Index and RTS Index - Electric Utilities, will be fixed as of the last trading day, due to suspension of trading in the above-mentioned shares in the result of the company's reorganization in form of joining Moscow Integrated Electricity Distribution Company.

Over the week June 16th – 20th, 2008 RTS Index gained 1,19% to reach 2384,75 points (2356,71 points as of June 11th, 2008). Most of the positive impact on RTS Index came from Gazprom ordinary shares (GAZP) (plus 7,03 points), JSC Uralkali ordinary shares (URKA) (plus 5,96 points) and NLMK ordinary shares (NLMK) (plus 5,83 points).

Effective June 30th, 2008 OJSC "Russian Trading System" Stock Exchange" will implement its new electronic netting technology for settlement of CCP trades executed on the equity market.

The placement of the additional issue of TransCreditBank stocks (TCBNI) (state registration number 10102142В007D of April 09th, 2008; 600 000 000 stocks with par value of 1 RUR) now begun on OJSC "RTS".

Trading volume in the RTS Index future gained 511% in the first quarter of 2008 compared to the similar period last year. This makes it the fastest growing derivatives contract worldwide.

OJSC "RTS" Stock Exchange" scheduled a transfer of clearing of securities from NP "RTS" Stock Exchange" to JSC "RTS Clearing Center" on September 1st, 2008. The corresponding decision was made by the RTS Board of Directors on May 22nd, 2008.

In accordance with the recommendation issued by the Derivatives Market Committee JSC "RTS" Clearing Center" will accept JSC VTB Bank ordinary stocks as initial margin on FORTS.

Effective May 30th, 2008 trading in the following securities will be stopped on OJSC "RTS", due to their exclusion from the list of securities admitted to trading without listing procedure: