OREANDA-NEWS. March 30, 2010. DCC has come to an agreement with Citibank and ING Bank on admitting Gazprom shares to the speedy settlement scheme (DCC-ING Bank, DCC-Citibank) with effect from March 29, 2010.

This agreement will enable the clients of DCC, Citibank and ING Bank to promptly settle transactions with Gazprom shares and reduce Participants' expenses.

Please notice that Participants can settle trades via the ESSS only in the Gazprom shares which are recorded on PDRAG subaccounts at DCC and which are kept in DCC's nominee account opened with ZAO SR-DRAGa Independent Registrar.

For further information on this service please contact your manager at DCC.
NB
Depository Clearing Company is Russia's largest settlement depository for shares. DCC provides a full range of settlement and depository services in the Russian securities market in compliance with accepted international standards.

ZAO KB Citibank, a subsidiary of Citigroup, entered the Russian market in 1993 and was one of the first Russian banks with foreign capital, and the first to represent Citibank in the CIS. Today ZAO KB Citibank is one of the major Russian banks and offers a full range of banking products and services to corporate and individual clients. ZAO KB Citibank is represented in the largest cities of Russia, and in Ukraine and Kazakhstan.

ING Commercial Banking is a business unit of ING Group, which provides services to corporate clients. It entered the Russian market in 1993 (legal name - ING BANK (EURASIA) ZAO). ING Commercial Banking offers to its clients the full range of financial services, including investment banking services, corporate and retail banking services, depository services, operations in the domestic currency and financial markets, general and structured finance.