RTS Stock Exchange Order-Driven Market: Market Data (June 9th - June 21st, 2003)

For the period of June 9th - June 21st, 2003, daily average trading volume on Order-driven market, including direct transactions and REPO transactions, equaled 388 million rubles, compared with daily average of 504 million rubles for the period of June 2nd- June 6th. Total trading volume reached 6 887 million rubles, number of indirect transactions - 7 488, with the turnover of 13 398 million rubles, or 123 million shares (from June 2nd to June 6th the data equaled 4 491, 372 million rubles and 18 million shares). Internet trading accounted for 34% of total weekly trading volume.

Total volume of direct and REPO transactions executed on the Order-driven market reached 3 498 million rubles, a significant increase over 645 million rubles posted from June 2nd to June 6th, 2003. 255 direct and REPO transactions were reported, up from 78 transactions reported previously.

Currently 161 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.