RTS Stock Exchange:"TRANSCAPITALBANK" Becomes FORTS Clearing Member

On its proxy meeting held on August 12th, 2004, the RTS Board of Directors approved the application of the commercial bank "TRANSCAPITAL" (closed joint-stock company) to join FORTS.

Currently 85 companies from Moscow, St.Petersburg, Novosibirsk, Ekaterinburg, Samara, Rostov-on-Don, Kazan and Abakan work on FORTS. They trade 7 futures and 3 options contracts.

FORTS, a unified derivatives' market operating since September 19, 2001, is based on trading and settlement technologies and software that were implemented at and have been successfully used by St. Petersburg Stock Exchange for 7 years. RTS acts as the trading system and the clearinghouse on the integrated market.