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Stabilisation Notice

2nd Nov 2007 08:30

Morgan Stanley Securities Limited02 November 2007 2 November 2007 The London Stock Exchange10 Paternoster SquareLondon, EC4M 7LS Dear Sirs Novorossiysk Commercial Sea Port OJSC ("NCSP") - Offering of up to 31,708,204Global Depositary Receipts (GDRs) at $19.2 per GDR plus an over-allotment optionfor up to 4,756,230 additional GDRs Stabilisation Notice Pursuant to Core Dealing Rules 3060.2 and 3061.5, Morgan Stanley SecuritiesLimited hereby notifies the London Stock Exchange that it and/or its affiliatesmay stabilise the offering of GDRs representing shares in NCSP. • Security to be stabilised: GDRs of NCSP • Security Identifier: US67011U2087 (Reg S) / US67011U1097 (144A) • Stabilising Manager: Morgan Stanley & Co. International plc (Contact - Henrik Gobel 020-7425-9069); • Stabilisation period commences: 2 November 2007 at 9.00 am London time • Stabilisation period ends: Close of business on 1 December 2007 • Offer price: US$ 19.2 per GDR was determined and announced at approximately 7am London time on 2 November 2007 • Over-allotment option is equivalent to 15% of the GDR offering. • Associated securities being stabilised: None Yours faithfully MORGAN STANLEY SECURITIES LIMITED This information is provided by RNS The company news service from the London Stock Exchange

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Pjsc Novor. S
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