RTS Operating Schedule For The Period Of Holidays

The Board of directors of OJSC "Russian Trading System” and "Stock Exchange" took the decision not to hold any trading operations on all RTS Group markets on December 29th, 2007.

In accordance with the Government decree ?661 as of November 11th, 2006 “On public holidays transfer in 2007” the following operating schedule is set for the period of holidays:

· from December 30, 2007 to January 8, 2008 – public holidays.

Trading on all RTS Group markets will start on January 9th, 2008.