Red October Securities to be Serviced by NDC-DCC Bridge from 17 Nov.

15 November 2006
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MOSCOW - The National Depository Center (NDC), Russia’s only settlement depository servicing the full range of securities issued by Russian issuers, announced today that effective 17 Nov. shares in OJSC Red October Moscow Confectionery will be serviced by the NDC-DCC “bridge”.

The bridge links Russia’s two leading trading systems – MICEX and RTS - and represents a means of facilitating securities transfers between NDC, which services MICEX-listed securities and Depository Clearing Corporation (DCC) which services RTS securities. In particular the NDC-DCC bridge allows clients of either depository to transfer securities between systems within one working day. NDC and DCC have signed an addendum to their co-operation agreement providing for Red October to be listed as an issuer whose securities may be transferred through the bridge system.

The NDC-DCC bridge currently services the shares of 57 companies.

About NDC:

Not-for-Profit Partnership “The National Depository Center” (NDC) is a settlement depository of MICEX Group, and is Russia’s largest settlement and safekeeping provider in terms of assets held and the only national securities settlement system handling the full range of Russian issue-grade securities. NDC is an authorized depository for most issues of state, corporate, municipal and sub-federal bonds. It services 100% of deals conducted in the state bonds market and, during the most recent three months, more than 95% of turnover in corporate shares and bonds, and sub-federal and municipal bonds.

Among NDC’s founders are Bank of Russia and MICEX CJSC. The members of  Not-for-Profit Partnership National Depository Center include Bank of Russia, MICEX CJSC, Sberbank, International Moscow Bank, JP Morgan Bank International LLC, Vneshtorgbank OJSC, Bank Rossiysky Credit OJSC, Evrofinans Mosnarbank OJSC, Rosbank, Gazprombank CJSC, ING Bank Eurasia CJSC and Deutsche Bank LLC.


You can receive the additional information in Press-service NDC by phone (495) 232-09-10 or e-mail: .

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