Moscow Exchange Group Announces Strong Growth of Revenue and Net Profit in First Six Months of 2012

Moscow Exchange Group today reported strong growth in revenue and net profit in the first half of 2012.

According to consolidated accounting statements under IFRS, the Group posted net profit of RUB 4.22 billion, up 28% versus MICEX results for the same period in 2011 (RUB 3.29 billion).

Operating expenses totaled RUB 4.22 billion in H1 2012. This represents an increase of 38% over 1H 2011 MICEX operating expenses (RUB 3.06 billion). Revenue totaled RUB 10.28 billion, an increase of 45% versus 1H 2011 (RUB 7.1 billion).

Alexander Afanasiev, Chief Executive Officer of the Moscow Exchange, said:

"Despite relatively weak global financial markets in the first half of 2012 we posted impressive growth in revenue and net income thanks to our diversified business model that ensures strong performance throughout the financial cycle."

As of June 30, 2012, the Group"s capital was RUB 40.6 billion. This represents an increase from capital of RUB 29.3 billion as of December 31, 2011 as a result of profit earned from the Group"s main business activities and the sale of a block of treasury shares.

The IFRS interim consolidated financial statements of Moscow Exchange Group for the first six months of 2012 include the financial statements of OJSC "Moscow Exchange MICEX-RTS" and fifteen other companies that are part of the Group, including CJSC "National Clearing Centre", CJSC "MICEX Stock Exchange" and CJSC "National Settlement Depository".

Additional information:

In December 2011 Russia"s two main securities exchanges, MICEX and RTS, merged to create Moscow Exchange MICEX-RTS. Moscow Exchange of its own initiative compared its financial results from the first six months of 2012 with the combined results of MICEX Group and RTS Group for the same period in 2011. On that basis, net profit was up 11.5% (combined MICEX and RTS net profit for 1H 2011 was RUB 3.78 billion). Moscow Exchange revenue of RUB 10.28 billion was 15.6% higher than combined 1H 2011 revenue for MICEX and RTS of RUB 8.89 billion. Operational expenses of Moscow Exchange (RUB 4.22 billion) rose 0.7% when compared to combined MICEX and RTS operating expenses for 1H 2011 (RUB 4.19 billion).

For further information, please contact the Public Relations Department at (495) 363-3232.