Listingrule s

Article 11.4. Registration of an Exchange-registered Bond Program and Assignment of a Registration Number to an Exchange-registered Bond Program

1. 
   The issuance of Exchange-Registered bonds within the framework of an Exchange-registered bond program and the registration of an exchange-registered bond program shall be carried out in accordance with the procedure established by the Securities Market Law and the regulations of the Bank of Russia.
   
2. 
   The registration of an exchange-registered bond program may be accompanied by the registration of the prospectus of Exchange-Registered bonds to be placed within the framework of the Exchange-registered bond program. In this case, the Exchange shall make the decision to register the prospectus of exchange-registered bonds to be placed within the framework of the Exchange-Registered bond program simultaneously with the decision to register the Exchange-registered bond program.
   

The Exchange shall not make a decision to register the prospectus for Exchange-registered bonds if, instead of the prospectus of exchange-registered bonds to be placed within the framework of the Exchange-registered bond program, the issuer has submitted a notification of its preparation to the Exchange in accordance with the regulations of the Bank of Russia. The same legal consequences arise when the Exchange receives a notice of exchange bond prospectus preparation as from the registration of an exchange bond prospectus.
Upon the registration of the Exchange-registered bond program, the Exchange shall assign a registration number in accordance with the regulations of the Bank of Russia.

3. 
   Registration an Exchange-registered bond program shall be effected by the Exchange on the basis of an Application.
   

The Application shall be accompanied by the documents referred to in Clause 1.1.2 Annex 1 to these Rules.
The Application together with the documents to register an Exchange-registered bond program shall be filed with the Exchange within three months after the date of the Exchange-registered bond program approval by the issuer, and where the prospectus of the Exchange-registered bonds placed within the Exchange-registered bond program is issued and registered for the purposes registering the Exchange-registered bond program or by notice of bond prospectus preparation, within one month after the date of such Exchange-registered bond prospectus approval by the issuer.
If, before the registration of an exchange-registered bond program accompanied by the preparation and registration of the prospectus of the exchange-registered bonds placed within the program, circumstances arise that may significantly affect the decision to purchase the exchange-registered bonds, the issuer must submit the prospectus of the exchange-registered bonds amended to reflect such circumstances to the Exchange (unless the issuer discloses information in the form of an issuer's report and corporate action notices in accordance with Clause 4 of Article 30 of the Securities Market Law ).

4. 
   The procedure for the review of the Application and the complete set of documents filed for the registration of an Exchange-registered bond program, as well as the procedure for the making, by the Exchange, of a decision to register or deny registration of the Exchange-registered bond program, shall be consistent with the procedure referred to in Article 7 of these Rules, with due regard to the specific rules set out in this Article.
   
5. 
   The Exchange shall make a decision to register or deny registration of an exchange-registered bond program, to register or deny registration of the prospectus for the exchange-registered bonds placed within the program (if registration of the Exchange-registered bond program is accompanied by the preparation and registration of an Exchange-registered bond prospectus) on the basis of the expert opinion of the Listing Department within the following time limits after the full set of required documents is received:
   

1.