OREANDA-NEWS. October 7, 2011. National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that its Supervisory Board at the meeting held 4 October has made a decision on approval of a tariff for transfer/withdrawal of shares from a section of the depository account "Submitted to the Bank of Russia on Depository Receipts Program." The tariff is to amount to RUB700 per one operation. A fee for execution of the operation is to be charged additionally in compliance with a Section 3 of NSD's Tariffs for Depository Services.

The approved tariff and amended NSD's Tariffs for Depository Services are to be put into effect starting 15 October, 2011.

Detailed information is to be available since the same date at the company's web site (section "Tariffs for NSD’s services", in Russian).

NSD's Supervisory Board has taken into consideration information about fulfillment of the company's budget for 1H 2011, has approved a corrected Budget of Income, Expenditures and Profit for 2011, and also approved a corrected Capital Investment Budget for 2011.

About NSD

National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX Group, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers and providing settlement services to participants in financial markets of the Russian Federation.

NSD provides storage of global certificates and depository accounting for 99% of corporate bond issues, sub-federal and municipal bond issues. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 99% of transactions conducted in the corporate and regional bond markets, the majority of transactions with equities and also services UIT units and securities of foreign issuers.

In accordance with agreements concluded between NSD and the Bank of Russia, NSD acts as a settlement center for the organized securities market.

NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.