OREANDA-NEWS. Common and preferred shares of OJSC North-West Telecom were included in Morgan Stanley Capital International (MSCI) Russia Small Cap.
 
The fact that the stock of OJSC N.W. Telecom has been included in the calculation of the index shows a high investment attractiveness of the Company and will facilitate increasing the liquidity of the stock and expanding the circle of potential investor s, as many foreign investor s look at the structure of the index, when forming their investment portfolios.

The MSCI Russia Small Cap index will take effect in May 2008.

By today the shares of OJSC North-West Telecom have been included in the structure of the following indices:
• Common stock: MICEX Telecom, RTS-Telecom, RTS-2, RTS
• Preferred stock: RTS-2