Energougol Listed on PFTS

The PFTS reported that Donetsk-based electricity distributor Energougol (ENUG) has been listed on the PFTS. According to the Securities and Exchange Commission, 66.5% of shares are held by DTEK Holdings Ltd and 24.6% by Donbas Fuel and Energy Company LLC, both of which are controlled by SCM. In terms of its regulatory environment and volume of electricity supplied, Energougol is comparable to Oblenergos. Oleksandr Klymchuk:  Following listing, this stock has been placed on a one-month watch list for inclusion into our SCM_BG Index. If Energougol meets liquidity requirements, it will become an index constituent from April 1, 2008.