UC RUSAL APPOINTS DIRECTOR FOR CONTROL Moscow, 7 June 2008 – UC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce appointment of Vitaliy Samsonov as Director for Control.љ Vitaliy will be responsible for maintaining and enhancing the effectiveness of the group’s internal control system and risk management.љ Alina Gutkina, who previously occupied this role, has been appointed Director of Internal Audit. She will be responsible for the independent evaluation of the internal control system and report directly to the Board of Directors of UC RUSAL. The change in

UrBC, Chelyabinsk, 07.06.2008. ‘Due to the lack of their own raw materials resource base, the shares of Magnitogorsk Iron & Steel Works (MMK) still get a little discount, even though the enterprise did a good job in terms of providing for its own raw stuffs,’ Sobinbank’s analyst Nikolai Sosnovskiy reported in the course of an online conference hosted by Finam’s website. ‘We hope the investors can appreciate MMK’s acquisitions as well as its development strategy, which, it its turn, will probably lead to re-assessment of the company. Some M&A can also be expected,’ he noted. MMK is

Central Bank of Russia reports volume of for-profit self-regulatory organizations’ deposits in SberInvestBank valid for 31 to 90 days dropped by 100% (from 5 million RUR to zero) in January-May 2008.

According to the Central Bank of Russia, volume of loans given by Sverdlovsk Gubernskiy Bank to nongovernmental financial organizations for 181 days to 1 year went down by 39.37% (from 133.172 million RUR to 80.741 million RUR) in January-May 2008.

Grossmart, a hypermarket located in Park House mall at 50 Sulimov St. in Yekaterinburg, has been exposing a much poorer range of some products lately; moreover, some of the shelves were even dismantled altogether. Grossmart, with its 4,200 square meters of trade area, was opened on August 21, 2005. It then offered customers a wide assortment of foods, including more than two hundred kinds of vegetables and fruit, fifty or so kinds of meat and meat products, fish, and seafood, as well as 2,200 kinds of strong drinks. The hypermarket has not provided any explanations yet; Grossmart’s director

As the region’s businesses have already used their foreign worker quotas for the year 2008, Sverdlovsk Region’s division of the Federal Migration Service has stopped accepting applications for job permits from foreign citizens for the time being. The job permits in question involve people who come from the countries where no visa is required for coming to Russia. According to Decree 73n issued by the Russian Federation Ministry of Healthcare and Social Development on February 18, 2008, Sverdlovsk Region’s job permits quota for foreign workers amounted to 47,500 people. The figure resulted

Central Bank of Russia reports volume of loans given by UralTransBank to state-run for-profit organizations for 181 days to 1 year went down by 84.03% (from 1.466 million RUR to 234,000 RUR) in January-May 2008.