MICEX has started to sell bonds of RussNeft

Beginning from January 27 2006 Moscow Interbank Currency Exchange has started to sell non-convertible interest-bearing documentary bearer bonds of 01 series issued by Oil Company RussNeft OAO. The bonds are subject to compulsory centralized custody and are included in the list of non-listed stock of MICEX (their state registration number is 4-01-39134-N dated 24.11.2005, ISIN RU000A0GKXJ3). The volume of the issue is 7 million bonds at a nominal price of RUR1 thousand. The issue is to be covered by 10 coupon payments.