Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 92,332.57 -864.77

RTS Order-Driven Market: August Market Data

Date 03/09/2003

For the period of August 1st - August 31st, 2003, total trading volume of direct and indirect transactions (including REPO transactions) totaled 14 090 million rubles, compared with 60 424 million in July. Internet trading accounted for 34% of total trading volume in rubles. 23 322 transactions were closed, down from 62 901 transactions in July

Currently 169 companies - professional market participants - trade on the Order-driven market.

The Order-driven market is the unified RTS and St. Petersburg St. Exchange marketplace where corporate stocks are traded. Market participants can submit directly addressed quotes, or quotes with no particular addressee in mind. Trading is being done via St. Petersburg St. Exchange, clearing - through the RTS Stock Exchange Clearinghouse, settlement - via the RTS Stock Exchange Settlement Chamber. The electronic trading system can be accessed via "Plaza Stocks" workstation or through the Internet-trading gateway. Private investors can trade on the Order-driven market by becoming clients of licensed brokerages/investment houses.