Listingrule s

Specific rules regulating disclosure:

1. 
   If the Underlying Securities received listing on a Recognised Foreign Exchange and the Underlying Securities issuer discloses information in the English language, it shall not be necessary to translate into Russian any information (documents) disclosed by the Underlying Securities issuer in accordance with the Disclosure Requirements.
   

2. 
   If in accordance with the foreign law and the rules of a foreign exchange, the time allotted for the disclosure of the quarterly, half-year and/or annual report expires after the deadline for the disclosure of the RDR issuer's Quarterly Report, the details of the Underlying Securities (if the Underlying Securities have a Recognised Listing), and of the Underlying Securities issuer may be indicated in the RDR issuer's Quarterly Report insofar as pursuant to the foreign law and/or the rules of a foreign exchange they must be included in the document filed by the Underlying Securities issuer with the foreign exchange or another organisation in accordance with the foreign law and/or the rules of the foreign exchange, for disclosure to foreign investors in respect of the most recent past reporting period.
   

3. 
   If the details of the Underlying Securities and of the Underlying Securities issuer are provided in the RDR Issuer's Quarterly Report within the scope of the Underlying Securities issuer's document (quarterly report, half-year report, annual report, etc.) previously published on the Webpage, it shall be allowed to provide a link to the above-mentioned document in lieu of such details in the RDR issuer's Quarterly Report. Such a link shall contain the address of the Webpage on which such document was published.
   

4. 
   If the Underlying Securities of Sponsored RDR were listed on the Russian National Trading Authority, the RDR issuer shall not be required to disclose information on the Sponsored RDR and on the Underlying Securities issuer (other than announcements of RDR offering, the decision to issue RDR/change to the decision to issue RDR, or material information in relation to RDR). At the same time, the RDR issuer shall disclose an announcement containing an explanation why it is not required to make such disclosure.
   

5. 
   The texts of the documents referred to in Clauses 1-3 Table 1 of the Disclosure Rules, and the announcements referred to in Clauses 4, 6-7 Table 1 of the Disclosure Rules, shall remain accessible on the Webpage for at least 12 months after the deadline for their disclosure. At the same time, the text of the decision to issue RDR and of the changes to the decision to issue RDR shall remain accessible on the Webpage from deadline for its publication on the Internet, and where it is published on the Internet after such deadline, from the date of its publication on the Internet and until the redemption of all RDR in such issue.