OREANDA-NEWS. May 18, 2012. Please be advised that from May 21, 2012 trading in the following securities will be suspended in CJSC MICEX Stock Exchange:

ordinary and preferred shares of Kursk Power Sale Company Open Joint-Stock Company (trading system codes KUSB and KUSBP respectively);

ordinary and preferred shares of Smolenskenergosbyt Open Joint-Stock Company (trading system codes SMSB and SMSBP respectively);

ordinary shares of Tula Power Sale Company Open Joint-Stock Company (trading system code TLSB).

Starting from May 24, 2012 trading in the above-mentioned securities will be ceased.

The securities are included in the section “Unlisted securities” of the List of securities admitted to trading in CJSC MICEX Stock Exchange.

Trading in the above-mentioned securities will be suspended and then ceased in accordance with the Rules for listing, admission to trading and trading of securities in CJSC MICEX Stock Exchange based on applications on exclusion of securities from the list of securities admitted to trading in CJSC MICEX Stock Exchange filed by the issuers and taking into account recommendations of the Exchange"s Securities Market Committee. 

We draw your attention to decisions to convert shares admitted to trading in CJSC MICEX Stock Exchange made by the members of the extraordinary meetings of shareholders of Kurskenergosbyt, Smolenskenergosbyt and TSK on February 08, 2012. 

Releasing information by the issuers until May 21, 2012 related to state registration of the decisions to issue securities which is used as a ground for the conversion of the securities admitted to trading in CJSC MICEX Stock Exchange, imposes obligation on CJSC MICEX Stock Exchange to suspend trading in the securities no later than on the business day following the day when the information was published and to cease trading no later than on the day following the day when information on state registration  of the report on results of issue of securities which the above-mentioned securities were converted into was published.

If such decisions are made by the issuers then trading members will be informed on changes of terms of suspension and cessation of trading in the above-mentioned securities.