Russian Industrial Leaders Index

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The Russian Industrial Leaders Index (RUXX) is a composite index of Russian companies traded on global exchanges. It is calculated by Dow Jones and Company and managed by Press Release Group and Russian State Information Agency "RIA Novosti".

It is a free float market capitalization index. The higher is the free-float market capitalization of the company, the higher is its respective weight in the Index. However, a 20% weight cap factor is applied to the Index constituents. Usually, changes in the market capitalization and weights are implemented during quarterly review of the Index.

The Index is computed using the last sale price for the trading day (5.30 p.m. New York time). Its constituents include Russian companies whose stocks or depositary receipts are listed on global exchanges: (New York Stock Exchange, London Stock Exchange, Nasdaq, AMEX).

The base date of the Index is January 1, 2006. The base value is 500 points.

As of January 1, 2006 the Index was comprised of 12 companies:

Tatneft, Mobile TeleSystems, Rostelecom, Vimpel-Communications,Wimm-Bill-Dann Foods,Mechel Steel Group, Rambler Media Group, Gazprom, Lukoil, Novatek, Sistema, Golden Telecom.

The index is rebalanced quarterly, according to the Dow Jones Indexes procedures.

Reference: Russian State News Information Agency "RIA Novosti" http://rian.ru/news_company/20060216/43578547.html

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