Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 77,920 employees in 75 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

About the Emerging Markets Group

Deutsche Bank's Emerging Markets group transacts all instruments and asset classes in its targeted markets in the EEMEA (Eastern Europe, Middle East and Africa) and LatAm (Latin America) regions. The business encompasses the trading of a wide range of products, including bonds, credit derivatives, local market instruments, foreign exchange, illiquid assets, options and other derivatives products as well as the development, risk management and structuring of various client solution products such as structured financing, real estate financing, securitisation, leveraged and acquisition financing, illiquid assets, A&L management, index and fund derivative products, CDOs, structured credit investment products, structured local rates and FX products, tax management, etc.  Trading desks in EEMEA are located in London, Istanbul, Moscow, Tel Aviv and Johannesburg with representative offices also located in Romania, Kazakhstan and Ukraine. Trading desks in LatAm are located in New York, Buenos Aires, Mexico City, Santiago and Sao Paolo as well as a representative office in Bogota. www.db.com

OTKRITIE Financial Corporation is a leading local investment bank serving institutional, corporate and individual investors. The company was established in 1995. Headquartered in Moscow, OTKRITIE has offices in Cyprus (Limassol) and the UK (London). OTKRITIE has the "AA+" National Rating Agency (Russia) reliability rating and "CCC" long-term and "C" short-term S&P ratings.

OTKRITIE holds leading positions on Russian derivatives market. The company appears as the acknowledged expert on the local utilities sector. OTKRITIE is a leading financial consultant for RAO UES and ongoing restructuring in the utilities sector. Since 2001, the company has consistently been ranked in the top three financial companies operating on the Russian Market. www.eng.open.ru

The MICEX is the largest universal exchange in Russia, the CIS and Eastern Europe

The MICEX Group is an integrated exchange, which organizes electronic trading, clearing and settlements and provides depository and information services. Since 1992, the MICEX has been the head company of the exchange holding. The Group also includes the MICEX Stock Exchange, the National Mercantile Exchange, the MICEX Settlement House, the National Depository Center, the National Clearing Center, regional exchanges and regional settlement centers as well as some other organizations. They serve over 1700 participants in the exchange market — leading Russian banks and brokerages, located in Moscow and other large financial and industrial centers of Russia.

The MICEX Group operates several key segments of the financial market: the foreign exchange market (since 1992), the government bonds market (since 1993), the derivative instruments market (since 1996), the share market (since 1997), the corporate and regional bonds market (since 1999) and the money market (since 2004). The MICEX ranks among the leading exchanges of the world. By the total volume of trading (1925 billion US dollars in 2006; 7.8 billion US dollars daily) the MICEX is the largest exchange in Russia, the CIS and Eastern Europe, and makes up over 90% of the total exchange corporate securities turnover and over 95% of the total exchange FX derivatives turnover on the Russian market. www.micex.com