Shares - General Information
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General Information

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«The Company's shares are traded on stock exchanges and over-the-counter markets. The Moscow Inter-Bank Currency Exchange and RTS stock exchange are Russia's two largest stock exchanges trading Company's shares. The Moscow Inter-bank Currency Exchange (MMVB) is the leading stock exchange where the securities of approximately 170 Russian stock issuers, with a combined market capitalization more than $250 billion, are traded daily. More than 500 professional traders are members the stock section of the exchange. During 2003, the MMVB's stock trading volume reached a total of $142 billion.

The RTS Stock Exchange was created in mid-1995 with the intent of uniting the country's uncoordinated regional exchanges. Data concerning transactions at RTS largely reflects the overall condition of Russia's securities market as a considerable part of Russian and foreign portfolio investments in Russian companies are serviced here. RTS is the commonly recognized center where the prices of stocks and other securities of a large number of issuers are formed.

At present the Company’s shares in circulation on the stock exchanges are included in the section of the List of "Securities allowed to circulate but not included in the quotation lists.’

The Company's charter capital is RUR 164 041 164. The Company issued 151 714 594 ordinary shares and 12 326 570  A-type preference shares. Par value of each ordinary and preference share is RUR 1. Each ordinary share gives its holder the same amount of rights in accordance with applicable laws of the Russian Federation.»

Current quotes for Baltika shares listed on MICEX and RTS can be found on the Internet pages:

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