OREANDA-NEWS. March 24, 2008. The National Depository Center (NDC), Russia's only settlement depository servicing the full range of Russian securities, announced today that a general meeting of its members held on 20 March, 2008 approved modifications to the profit and loss budget and to the capital expenditures and investments budget for 2008.

In addition, the general meeting considered a notification from the Settlement Depository Company CJSC of state registration of an additional inscribed non-documentary share issue and of an offer of subscription to the shares. It was decided to consider NDC’s participation in the additional share issue first at a meeting of NDC’s Board of Directors and then at the next general meeting of NDC shareholders.