OREANDA-NEWS. October 1, 2007. Conference call to discuss first half 2007 US GAAP financial results will take place on Thursday, October 4, 2007, at 10.00 AM (ET) / 3.00 PM (UK) / 4.00 PM (CET) / 6.00 PM (Moscow)

The dial-in numbers for the conference call are:

UK/ International: +44 (0)20 7138 0820 

US:                           +1 718 354 1361  

Host:

Laila Simanova - Investor Relations Officer

Speakers:

Alexander Goncharuk - President & Chief Executive Officer

Anton Abugov - First Vice President, Chief Strategy Officer

Alexey Buyanov - Senior Vice President, Chief Financial Officer

A replay will then be available for 7 days after the conference call. To access the replay, please dial:

UK/ International:     + 44 (0)20 7806 1970 

US:                             + 1 718 354 1112                          

PIN number:  6881544#