Alexander Potemkin,

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Moscow on its way to becoming an international
financial center

• Alexander Potemkin,
• President of the MICEX

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MICEX and DB value chains
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Russian issuers on the world exchanges

• The ADR/GDRs traded on DB
• Gazprom
• RAO UES
• GMK Norilsk Nickel
• LUKOIL
• Sberbank
• Rostelecom
• Rosneft
• Surgutneftegaz
• VTB
• MTS
• and others

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MICEX in the world ranking
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Internationalizationof the Russian financial
market
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Internationalizationof the Russian financial
market
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Distribution of investors-nonresidentsby
countries
221.8 bn
2.6 bn
0.1 bn
0.2 bn
0.0 bn
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Figures for investors are given for the end of
September turnover is given for 3rd quarter of
2007
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Ruble gains world recognition

• Russias international reserves at November 23,
  2007 459.6 bln third largest after China and
  Japan
• Currency liberalization On July 1, 2006 the
  Bank of Russia fully liberalized cross-border
  capital flows
• The share of cross-border trades in the ruble-US
  dollar currency market sector in September 2007
  37.2
• Volume of ruble-denominated Eurobonds placed
  inJanuaryNovember 2007 4.6 bln

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Factors of Competitivenessof International
Financial Centers
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Creating IFC in Moscow

• Investments
• Taxes
• Employment
• Image

• Concentration of offices
• Transportation infrastructure
• Safety
• Stable energy supply
• Modern communications

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International financial centers
DB ?
? Moscow
LSE ?
Euronext ?
NYSE ?
? TSE
? HKEx
?SGX
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Contacts

• www.micex.com
• info_at_micex.com
• 7 495 234-48-11
• 13, Bolshoi Kislovskiy pereulok, Moscow,125009,
  Russia

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