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MICEX Settlement House as settlement services provider

MICEX Settlement House as settlement services provider. MICEX Settlement House ownership structure. Main financial figures as of 0 1 April 2009 (in millions). Total assets – RUB 133 798 (USD 3 946) Equity – RUB 2 930 (USD 86) Funds with the Bank of Russia and on correspondent accounts

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MICEX Settlement House as settlement services provider

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  1. MICEX Settlement House as settlement services provider

  2. MICEX Settlement Houseownership structure

  3. Main financial figures as of 01 April 2009(in millions) • Total assets – RUB 133 798 (USD 3 946) • Equity – RUB 2 930 (USD 86) • Funds with the Bank of Russia and on correspondent accounts with prime foreign banks - RUB 117 586 (USD 3 468) • Daily average turnover through correspondent account with the Bank of Russia – RUB 489 559 (USD 14 439) • Daily average turnover through customers’ accounts – RUB 324 100 (USD 9 560 )

  4. MICEX Settlement House business profile • MICEX SH is one of the basic infrastructures of trade business, since 1997 effecting settlements at all MICEX markets, such as: • State securities market • Corporate securities market • Foreign exchange market • Derivatives market • MICEX SH providesto its customers full range of settlement services in Russian rubles and foreign currencies • To date the number of MICEX SH’s customers achieved 805 organizations

  5. Settlements Safety and Reliability • MICEX SH is a financial institution specializing in settlements • MICEX SH maintains obligatory liquidity ratio at the minimum level of 100%, does not effect any investment activity thus does not carry any credit risks • Back-up procedures are in place for all data • E-documents exchange is protected by certified encryption mechanism • Alternative communications channels are provided • Settlement procedures are fully automated

  6. Wide network of LORO correspondent banks in Russia • Payments within MICEX SH’s LORO-network are effected in real-time mode • Currently 467 Russian FIs and foreign banks’ subsidiaries are keeping their RUB bank accounts with MICEX SH

  7. Operational advantages • MICEX SH is direct participant of BESP system. In April 2009 daily average turnover of MICEX SH’s correspondent account with the Bank of Russia for transactions with use of BESP system amounted to 109 bln. Rubles (3,3 bln. US Dollars) • On the basis of co-operation between MICEX and ICAP, non-Russian banks, accessing MICEX/EBS, are offered to open RUB correspondent accounts with MICEX SH to be primary used for RUB settlements under MICEX/EBS trades , where MICEX SH will provide simple RUB settlement instruction input and organize STP

  8. Contact details of MICEX Settlement House • 1/13 Sredny Kislovsky Pereulok, building 8, Moscow 125009, Russia • tel: +7 095 705 96 19, fax: +7 095 745 81 22 SWIFT: MICURUMM Теlex: 485391, 485393 MICU RU • http://www.micex.ru/group/settlementhouse/portrait • rp@ch.micex.com

  9. Thank you for your attention!

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