RTS Bonds: December 30th, 2002 - January 10th, 2003 Market Data

For the period of December 30rd, 2002 -January 10th, 2003, the total volume on the RTS Bonds, the system facilitating trading of corporate, government, municipal debt, and Eurobonds, reached 987 thousand US dollars, compared to 1 647 thousand US dollars for the period of December 23rd- - December 27th, 2002. The number of trades equaled decreased from 9 to 4 trades.

On January 10th, 2003, Obibank raised 165 million rubles by placing their bonds on the RTS. "Metropol" (MTRF) financial company served as the leading seller-underwriter.

The RTS Bonds trading system opened up on June 3, 2002. Currently 167 members of the Partnership, including 16 market makers, trade fixed-income securities on the RTS Stock Exchange. Daily RTS Bonds market information is available on the RTS server on the Internet.