Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

The New List Of The RTS Index And RTS Technical Index Constituents Approved

Date 17/09/2003

At its last meeting, the RTS Information Committee reviewed the list of shares that are used to calculate the RTS Index and the RTS Technical Index. From October 1st to December 31st, 2003, the exchange will use the list of constituents compiled based on trading data gathered from June 1st to August 29th, 2003.

The stocks were added to the list: Arkhenergo common shares (RTS ticker - ARHE); Kostroma GRES common shares (RTS ticker - KSGS) and Samaraenergo common shares (RTS ticker - SAGO).

The following fsecurities were taken off the list: GAZ Auto Plant common shares ( RTS ticker - GAZA), Sverdlovenergo common shares (RTS ticker - SVER) and Udmurtneft preferred shares (RTS ticker - UDMNP).

The List of the RTS Index and RTS Technical Index Constituents

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# RTS code     Security name
 1   AFLT Aeroflot - Russian Airlines, common
 2 ARHE Arhenergo, common
 3 ARHEP Arhenergo, preferred
 4  AVAZ   Avtovaz, common
 5     BANE Bashneft, common
 6 BANEP Bashneft, preferred
 7   BEGY Bashkirenergo, common
 8  CHEP Chelyabinsk Tube Rolling Plant, common
 9  CHMF Severstal Joint-Stock Company, common
10 CHNG Chelyabenergo, common
11 EESR Unified Energy System, common
12 EESRP Unified Energy System, preferred
13    ENCO SibirTelecom, common
14   ENCOP SibirTelecom, preferred
15 ESMO CenterTelecom, common
16 ESMOP CenterTelecom, preferred
17   ESPK Electrosvyaz of the Primorsky Region, common
18   ESPKP Electrosvyaz of the Primorsky Region, preferred
19 GMKN Mining and Metallurgical Company Norilsk Nickel, common
20   IRGZ Irkutskenergo, common
21   KMAZ KAMAZ Incorporated (Inc), common
22 KOEN Komienergo, common
23  KSGS Kostroma GRES, common
24 KUBN Southern Telecommunications Company , common
25  KUBNP Southern Telecommunications Company , preferred
26  KZBE Kuzbassenergo, common
27 LKOH LUKoil Oil Company, common
28  LSNG Lenenergo, common
29 LSNGP Lenenergo, preferred
30 MFGS Slavneft-Megionneftegaz, common
31 MFGSP Slavneft-Megionneftegaz, preferred
32  MGTS Moscow City Telephone Network, common
33 MSNG Mosenergo, common
34 NNSI VolgaTelecom, common
35    NNSIP VolgaTelecom, preferred
36 NTMK Nizhny Tagil Ferrous Metal Factory, common
37 OMZZ United Heavy Machinery (Uralmash-lzhora Group) (UHM), common
38  ORNB Orenburgneft, common
39 ORNBP Orenburgneft, preferred
40 PKBA Baltika Brewery, common
41  RITK RITEK, common
42 RTKM Rostelecom, common
43   RTKMP Rostelecom, preferred
44 SAGO Samaraenergo, common
45  SBER Sberbank RF, common
46   SBERP Sberbank RF, preferred
47 SIBN Siberian Oil Company (Sibneft), common
48  SNGS Surgutneftegas, common
49  SNGSP Surgutneftegas, preferred
50  SPTL North-West Telecom, common
51  SPTLP North-West Telecom, preferred
52 TATN Tatneft, common
53 TATNP Tatneft, preferred
54   TLEN Tulenergo, common
55  TRNFP Transneft, preferred
56 URKA Uralkaly, common
57 URSI UralSvyazInform, common
58 URSIP UralSvyazInform, preferred
59 YUKO

YUKOS, common

Overall Market capitalization of the above list amounts to $127 756 778 949 or 91,91% of the RTS total capitalization as of August 29, 2003.

59 stocks make the list up.