OREANDA-NEWS. July 24, 2009. This day one year ago trading of JSC FGC UES shares started on CJSC “MICEX Stock Exchange” and JSC “RTS”. Shares of JSC FGC UES were included in the quotation lists “V” with FEES trading code.

On December 4 and 15, 2008, ordinary shares of JSC FGC UES were transferred to the quotation lists “B” of JSC “RTS” and CJSC “MICEX Stock Exchange” accordingly. Starting from August 27, 2008, MICEX included JSC FGC UES shares in MICEX PWR base for computation of the electric power industry indices, and commencing September 15, 2008, RTS Stock Exchange included the company shares in RTS Index and Industry Index of “RTS – Electric Power Industry”. Starting from February 28, 2009, MSCI Barra, the developer of stock indices, decided to include JSC FGC UES shares in MSCI Russia and MSCI Emerging Markets indices. Commencing April 27, 2009, JSC FGC UES shares were included in MICEX Index, and after July 15, 2009 in “MICEX – High Capitalization” Index.

“During the first year of trading JSC FGC UES shares had to go through extreme test, which was successfully overcome. In terms of the financial crisis that had caused a stir at the world trading floors, JSC FGC UES shares were circulated as good as the most liquid Russian securities with the multiannual stock exchange history. Over the past year JSC FGC UES shares went down in value by 45%, and MICEX index slumped by 48%. Clearly the increased financial risks kept the company shares out of their fundamental potential. We believe that in the longer term JSC FGC UES shares will make up for lost time and become the more investment attractive securities as the others at the Russian securities market”, – Mr. Vitaly Domnich, the senior analyst for the electric power industry of IFC “Alemar”, declared.
“Since the beginning of the year increase in quotation of JSC FGC UES shares comprises more than one hundred percent and beats RTS index advance near twofold. In average the daily share trading volumes are equal to USD 10 mln, what is one of the best results in the sector, and can be testimony to the fact that the company is the “blue chip”, – Mr. Mikhail Rasstrigin, the analyst for the electric power industry of VTB Capital, noted. “In the long term transition to the advanced regulation methods (RAB) will remain the key objective and will enable the company to continue cost increase at the securities markets” – he added.