Listingrule s

Requirements applicable in connection with inclusion:

№	Conditions to the inclusion in:	Level One	Level Two
1.	Volume of issue	At least RUB 1 billion	At least RUB 500 million
2.	Par value of the bonds	Does not exceed RUB 50,000 or 1,000 monetary units if the security par value is denominated in a foreign currency	Does not exceed RUB 50,000 or 1,000 monetary units if the security par value is denominated in a foreign currency
3.	Terms and conditions of issue	Do not contain any limitations on the circulation of securities among the general public and/or their offering to the general public	Do not contain any limitations on the circulation of securities among the general public and/or their offering to the general public
4.	Absence of issuer's default	Issuer's default did not take place, or at least 3 years passed from the cessation of the circumstances in relation to which the issuer's default took place	Issuer's default did not take place, or at least 2 years passed from the cessation of the circumstances in relation to which the issuer's default took place
5.	The issuer (or the bonds issue) or the surety (guarantor) have a credit rating of certain level	The rating level is equal to or greater than that set by the Exchange	The rating level is equal to or greater than that set by the Exchange

2.