Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

RTS Stock Exchange Order-Driven Market: September 6th - September 10th, 2004

Date 13/09/2004

For the week of September 6th – September 10th, 2004, the total trading volume of direct and indirect transactions (including REPO transactions) reached 4 344 million rubles. Internet trading accounted for 50%, up from 46% last week. 8 049 transactions were executed.

Currently 181 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.