The MICEX board decided to add Metropol Golden
Fleece, Metropol Athena, Metropol Zeus investment units to the
MICEX OTC. Trading started on August 27, 2004. Now investors are
provided with an opportunity to buy and sell investment units
through an exchange which makes the process easier. Transactions
can be made at any time and in any city in the nearest brokerage or
bank accredited with the MICEX State Securities Market. Quoted
units confirm that METROPOL manages assets by the highest
standards. The company’s managers believe that trading of units
provides an additional impetus to the development of collective
investments in Russia. The METROPOL asset management company
constitutes part of the METROPOL Group of Companies which is ranked
fifth by equity. The 4Q03 managed assets growth earned the company
a place among the top three (NAUFOR data). The management company
was granted the highest stability rating “A” by NAUFOR. The
company’s equity equals RUB 120 mn.; RUB 800 mn. are under
management. The METROPOL asset management company was set up by the
METROPOL Company’s specialists known in the stock market since
1996. The company services include management of assets of
investment funds, private pension funds, the
№ 077-06136-100000, № 077-06159-010000, № 077-06168-001000 from 26 august 2003 year, № 077-06194-000100 from 02 september 2003 year, № 650 from 16 april 2004 year, № 3185 from 25 november 1999 year, № 21-000-1-00119 from 23 may 2003 year, № 077-07215-001000 from 9 december 2003 year