Information Disclosure

Information transparency is the one of the main corporate management principles observed by the Company. Adhering to the policy of information transparency is one of the basic requirements for the capitalization growth and for raising the investment attractiveness. Following the principle of maximum publicity the Company works for the development of the relations with public, with representatives of federal and regional government, with the press, with representatives of the world of commerce - with everyone who intends to develop informational and business cooperation with the Company.

The Company adheres to the following principles of corporate information disclosure to the interested individuals:

• assurance that the disclosed information is authentic and complete;
• agility of information disclosure about all important facts of its activity;
• ensuring high level of integrity of information, which is concerned, according to the internal documents, to be State, official or trade secret;
• publicity and non-selectivity of the disclosed information.

Information disclosure is accomplished by the Company according Regulations on information disclosure by the issuers of securities, approved by the Federal Service for Financial Markets as of October 10, 2006 # 06-117/pz (revision as of 12.04.2007 # 07-44/pz-n).

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