Moscow Exchange announces the results of stabilisation

OJSC Moscow Exchange MICEX-RTS ("Moscow Exchange" or the "Company") announces that the stabilisation period following its initial public offering ended today. VTB Capital acted as stabilising manager on behalf of the bookrunners.

VTB Capital acquired 27,943,570 ordinary shares of the Company from the market, representing approximately 10% of the offering size. The stabilizing manager had the right to acquire up to 13% of the total number of shares placed in the Offering.

VTB Capital will exercise a put option granted by MICEX-Finance LLC, a wholly owned subsidiary of Moscow Exchange, with respect to the shares acquired during stabilisation. 

Credit Suisse, J.P. Morgan, Sberbank CIB and VTB Capital acted as joint global coordinators and joint bookrunners of the Offering. Deutsche Bank, Goldman Sachs International, Morgan Stanley, Renaissance Capital and UBS Investment Bank acted as joint bookrunners.

MEDIA ENQUIRIES

Moscow Exchange

Nikita Bekasov
+7 495 363 3232
pr@micex.com

NOTES TO EDITORS

About the Moscow Exchange
OJSC Moscow Exchange MICEX-RTS ("MOEX") operates Russia"s largest public trading markets for equity, bonds, derivatives, foreign exchange and money market products as well as Russia"s Central Securities Depository (CSD) and the country"s largest clearing service provider, National Clearing Centre. It also provides information services relating to the Russian securities market as well as software solutions and other technology services to its members. In the year ended 31 December 2012, it ranked among the world"s top-20 exchanges for equity trading by market capitalisation and among the top-ten exchanges for bond trading by trading volume (by value) andfor exchange-traded derivatives by number of contracts traded. Moscow Exchange has 694 companies listed on its securities exchange, as at 31 December 2012, including many of Russia"s largest companies.

The Moscow Exchange was formed in December 2011 as a result of a merger between Russia"s two main exchange groups.  The merger brought together MICEX Group, the oldest domestic exchange and operator of the leading securities, foreign exchange and money market platform in Russia, and the RTS Group, at the time the operator of Russia"s leading derivatives market. This combination created a vertically integrated public trading market across most major asset classes. Following the merger the Company became an open joint stock company (OJSC) and was named Moscow Exchange. Moscow Exchange completed the initial public offering of its shares on February 15, 2013.

Disclaimers
Some of the information in these materials may contain projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "intend", "wiII", "could," "may" or "might" the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions and that actual events or results may differ materially. The Company does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in the Russian Federation, rapid technological and market change in the industries the Company operates in, as well as many other risks specifically related to the Company and its operations.

Neither these materials nor any copy of it may be taken or transmitted into the United States, Australia, Canada or Japan. These materials do not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefore. The offer and the distribution of these materials and other information in connection with the listing and offer in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
These materials are not for distribution in or into the United States (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")), and do not constitute or form a part of any offer or solicitation to purchase or subscribe for  any securities in the United States. The securities mentioned herein have not been, and will not be, registered under the Securities Act. The securities mentioned herein may not be offered or sold in the United States except pursuant to an exemption, or a transaction not subject, to the registration requirements of the Securities Act of 1933. The Company has not registered and does not intend to register any portion of any offering in the United States or to conduct a public offering of any securities in the United States.

This communication is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within ArticIe 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

This communication is distributed in any member state of the European Economic Area which applies Directive 2000/71/EC (this Directive together with any implementing measures in any member state, the "Prospectus Directive") only to those persons who are investment professionals for the purposes of the Prospectus Directive in such member state, and such other persons as this document may be addressed on legal grounds, and no person that is not a relevant person may act or rely on this document or any of its contents.

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