OREANDA-NEWS. On 25 May 2009 was announced, that the MICEX Group’s Development Strategy for 2009 — 2011 was approved by the MICEX Board, and the Board of the MICEX Stock Exchange. The MICEX Group’s strategy is the result of constructive joint work of the MICEX Board’s Commission on Strategic Planning and the Commission on Strategic Planning of the Board of the MICEX Stock Exchange.

The MICEX Group’s Strategy establishes the Mission of the MICEX Group:

“The MICEX Group provides participants in the financial market with a full range of competitive trading, clearing, settlement, depository and information services, which meet the standards of an international financial center, balancing the interests of market participants, shareholders and the state and aiming at occupying leadership positions in the stock, currency and derivatives market.”

The MICEX Group’s Development Strategy provides for the implementation of projects in four key areas:

corporate development: preservation and development of the MICEX Group as a vertically integrated exchange holding based on a single IT platform;

modernization of the risk management system in all markets;

broad product and geographic diversification of business;

improvement of the IT platform.

The effectiveness of the MICEX Group’s business will be enhanced by upgrading the structure of corporate governance, implementing the client-oriented approach and launching an up-to-date risk management system in all markets of the Group. This will ensure international competitiveness of the MICEX Group and give a new impetus to the development of the Russian financial market.