MICEX Group Publishes Its 2006 Financial Statements Under The International Financial Reporting Standards

Joining the trend of adopting the International Financial Reporting Standards in the business practice of Russian enterprises and banks, the MICEX Group has published its consolidated financial statements, prepared under the IFRS.

As of 31 December 2006, MICEX Group’s own capital amounted to 10.3 billion rubles, up 27% on the previous reporting date, 31 December 2005 (8.1 billion rubles). The Group’s net profit grew 2.2 times and amounted to 2.4 billion ruble over 1.1 billion rubles in 2005.

Consolidated financial statements were prepared under the International Financial Reporting Standards for the Moscow Interbank Currency Exchange and its affiliate companies (the MICEX Group), including the MICEX Stock Exchange, the MICEX Settlement House, the National Depository Center and joint-stock bank The National Clearing Center.

The reliability of the reports was confirmed by the MICEX Group’s auditor, Deloitte & Touche CIS Company.

For more information on the MICEX Group’s financial reports visit the Group’s web site: www.micex.ru/group/finstatement.