OREANDA-NEWS. May 16, 2012. On May 14, 2012 a meeting of the OJSC MICEX-RTS Board of Directors took place. The Board was informed about the process of integrating the MICEX-RTS Group of companies, the MICEX-RTS consolidated financial statements under IFRS for 2011 and execution of the 2011 MICEX-RTS Group"s Consolidated budget. In addition, the meeting participants heard a report and gave a preliminary approval to the OJSC MICEX-RTS 2011 Annual report as well as made a first-ever decision to introduce the Group"s financial statements under IFRS to the Annual report.

In discussions over preparing to an IPO, importance of the T+3 project implementation for the MICEX-RTS initial public offering was highlighted. While considering the agenda item "On the technical disruption occurred on April 23, 2012 and measures to ensure business continuity of the MICEX-RTS Group", the Board of Directors pointed out unsatisfactory work of managers responsible for operational risk.

The members also instructed the Exchange"s Executive Board to submit an issue on calling the annual General meeting of OJSC MICEX-RTS shareholders for 2011 year results on June 20, 2012 to the next meeting of the Board of Directors planned for 21 May. The list of persons who are eligible to participate in the meeting of shareholders will be based on the shareholders register as of May 21, 2012.