Russian Trading System starts dealing in shares of SibAcademBank on September, 2006

The bonds of Bank Severnaya Kazna (Alfa-Bank’s asset), coded as svkb01, have recently been taken off RTS Board due to their expiry. This news was announced via Russian Trading System’s official website. RTS Board is an information system meant for providing quotations of shares, bonds, and investment shares issued by Russian companies as well as quotations of foreign issuers’ securities that are not eligible for RTS trading. RTS Board currently contains data on 1,759 securities issued by 1,307 different companies.

‘The shares of Sberbank of Russia going through the so-called ‘people’s IPO’ are definitely not attractive for most investors. To start with, it is unclear how the money obtained in the course of the initial offering is going to be used, so the funds are likely to be inefficiently ‘dispersed’. Then, it is the Central Bank of Russia that is acting as the underwriter, and this bank is allowed by the central financial authorities to sustain funds through issuing shares and securities. So the stock floatation is meant for something different from traditional investment purposes,’ says Vsevolod,

Alpha-Bank’s Chief Analyst Natalia Orlova and Analyst Olga Naidenova commented on the accounts and reports for the year 2006 drawn up by URALSIB in compliance with the International Accounting Standards. 'The bank’s performance seems to have been quite poor last year; its net profit, for instance, decreased by 61%. The report also indicates that the bank now owns fewer shares of LUKOIL, whereas having a share holding in this company used to be viewed as their great advantage. URALSIB only had $534m worth of LUKOIL’s shares at the beginning of 2007 against $776m in 2005. Trying to create

Russian Trading System’s securities trading volume totaled to $13.7bn (385.7 billion RUR) in December 2008, including all kinds of transactions, even off-exchange ones. Gazprom’s (GAZP) common stock topped the stock market’s turnover rating with its $46.7m worth of transactions, followed by Sberbank of Russia’s (SBER) $46.6m worth of common stock deals, and the common stock of LUKOIL (LKOH) with its $22.2m worth of transactions in December 2008. These companies’ market shares thus came to 22.99%, 22.97%, and 10.92%, respectively. URALSIB’s (USBN) common stock soared by 100% (up to $.006) and

Following the decision to renew the securities-register-keeping license of Yediniy Registrator (United Registrar) taken by Russia’s Federal Financial Market Service on February 8, 2007, Baltika (Baltic Business News Group) was allowed to give price quotations in the securities register on February 12, 2007. This means all the stock exchange transactions can be registered now. Prior to renewing the license, Federal Financial Market Service cancelled it temporarily on December 19, 2006 since the Russian Federation law on securities kept being violated throughout the year. So the register was no