October 8, 2007

On Monday, 8 October 2007, the maximum historical value of the MICEX Index, 1821.21 points, was reached in the course of trading in securities on the MICEX Stock Exchange. This means that since the beginning of 2007 the Index has grown by 7.54%. The previous record-high value of the MICEX Index (1817.58 points) was recorded on 20 July 2007. By the close of today▓s trading the MICEX Index dropped to 1808.42 points, which is, nevertheless, the maximum value of the Index at the close (the previous maximum value at the close, 1807.28, was recorded on 23 July 2007).

Today, the MICEX Index is comprised of 30 securities of issuers representing the main segments of the Russian economy. Stocks comprising the MICEX Index account for about 98% of the total turnover for the share market on the MICEX Stock Exchange. The capitalization of securities comprising the MICEX Index is about 830 billion dollars. This is more than 80% of the capitalization of the Russian exchange-based share market. Today, shares in LUKoil, Gazprom, Sberbank, Norilsk Nickel, Surgutneftegaz, RAO UES, MTS and Rosneft have the largest weight in the MICEX Index.