IPO of Moscow Exchange. Letter to Clients of Global Custodians

Dear Clients,

On February 4, 2013, Open Joint Stock Company "Moscow Exchange MICEX-RTS" ("Moscow Exchange") announced further details of its planned initial public offering ("IPO").

The link to the announcement is at: http://moex.com/n2521/?nt=201

Details on the offering were first announced on January 21, 2013: http://moex.com/n2425/?nt=201

For this offering Moscow Exchange is limiting participation to those that can settle via the National Settlement Depository (NSD) — no settlement via Registrar will be possible. Therefore, if you intend to participate in the offering, you should confirm with your global custodian that you have an opened account/setting for NSD settlement. In the event you don"t have such a setting yet, you should instruct your global custodian to open a custody account / arrange for such a setting with its Russian sub-custodian for settlement in NSD as soon as practicable in order to avoid potential complications of shares settlement.

To Clients of Global Custodians (pdf, 340 Kb)

Please feel free to contact us for further details.

Kind regards,

Anna Kuznetsova
Managing Director of Equities and Bonds Market,
Moscow Exchange

Eddie Astanin
Chief Executive Officer,
National Settlement Depository

For further information, please contact the Public Relations Department at (495) 363-3232.