NSD Account in Gazprom’s Register Converted into CSD Nominee Account

04 September 2013
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On 2 September 2013, the nominee account of National Settlement Depository (NSD), Russia’s central securities depository, was converted in JSC Gazprom share register into a CSD nominee account. This change was conducted prior to the deadline set by the Company jointly with JSC Gazprom and GPB (OJSC); it allowed the transfer of Gazprom shares represented in its Depositary Receipt program to NSD.

Mass conversion of accounts was completed in March 2013 in accordance with the road map approved after NSD’s consultations with custodians. Prior to this, the Company discussed the procedures of interactions in respect of CSD nominee accounts with registrars, developed new software and conducted a large scale test of interactions with registrars.

About NSD

National Settlement Depository (NSD) is the central securities depository of the Russian Federation, a part of the Moscow Exchange Group. The company was founded on 27 June 1996.

NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes. The international rating agency Thomas Murray has assigned NSD an AA- rating as a central securities depository. Total value of assets on deposit with NSD amounted to RUB18.7 trillion as of 30 August 2013.

The status of central securities depository was assigned to NSD by the Russian Federal Financial Markets Service’s order on 6 November 2012.

NSD holds professional securities market participant license #177-12042-000100 for depository operations issued by the Russian Federal Financial Markets Service on 19 February 2009, license #3294 for bank operations issued by the Central Bank of the Russian Federation on 26 July 2012 and license #077-00004-000010 for the clearing activities issued by the Russian Federal Financial Markets Service on 20 December 2012.

Registered office: 12, Spartakovskaya St., Moscow 105066, Russia

For additional information about NSD please visit www.nsd.ru or connect NSD Public Affairs Division.

NSD Public Affairs Division: +7 495 232 0910
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