NDC Proposes OJSC RTS Purchase Of DCC Shares

"The National Depository Center" (Closed Joint Stock Company) (NDC), Russia's settlement depository servicing the full range of debt and equity securities of Russian issuers, announced that its Board of Directors, at a meeting held 30 December, 2009 approved a proposal

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“The National Depository Center” (Closed Joint Stock Company) (NDC), Russia’s settlement depository servicing the full range of debt and equity securities of Russian issuers, announced that its Board of Directors, at a meeting held 30 December, 2009 approved a proposal to OJSC RTS. The Board decision proposes that OJSC RTS buy all shares in DCC currently owned by NDC. The price of the stake would be based on DCC’s net asset value in accordance with DCC’s IFRS financial statements for 2009.

D.C.

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