Severny GOK (SGOK) and Centralny GOK (CGOK) to issue new shares

8 April 2008

Concorde Capital: Both companies are controlled by System Capital Management, which holds 97% and 93% stakes in CGOK and YGOK, respectively. As the companies undertook extensive CapEx programs, an additional share issuance may provide about half of the companies? declared investments needs.

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