RTS Stock Exchange - Order-Driven Market Weekly Data

For the week of August 16th – August 20th, 2004, the total trading volume of direct and indirect transactions (including REPO transactions) jumped by 257% and reached 14 872 million rubles. Internet trading accounted for 57%, up from 42% last week. 16 740 transactions were executed, the 225% jump.

Currently 180 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.