OREANDA-NEWS. On 04 July 2008 was announced, that as previously decided ordinary shares of Moscow City Electricity Distribution Company (MCEDC) were removed from the RTS-2 Index and the RTS Sectoral Index – Electric Utilities upon the trades’ closure of July 1st, 2008.

In this connection new Z-coefficients were calculated in accordance with the corresponding Index calculation methodologies. The new value of the Z-coefficient employed in calculation of the RTS-2 Index is 2,8366914 and that for the RTS Sectoral Index – Electric Utilities is 0,8833239.

The new adjustment coefficients will be implemented as of July 2nd, 2008.