16th Apr 2008 08:30
Morgan Stanley Securities Limited16 April 2008 16 April 2008 The London Stock Exchange10 Paternoster SquareLondon, EC4M 7LS Dear Sirs OJSC MAGNIT ("MAGNIT") - Offering of 25,329,000 Global Depositary Receipts(GDRs) at $8.50 per GDR plus an over-allotment option for up to 2,532,930additional GDRs Stabilisation Notice Pursuant to Core Dealing Rules 3060.2 and 3061.5, Morgan Stanley SecuritiesLimited hereby notifies the London Stock Exchange that it and/or its affiliatesmay stabilise the offering of GDRs representing shares in MAGNIT. • Security to be stabilised: GDRs of OJSC MAGNIT • Security Identifier: US55953Q1031 (144A) / US55953Q2021 (REG S) • Stabilising Manager: Morgan Stanley & Co. International plc (Contact - Henrik Gobel 020-7425-9069); • Stabilisation period commences: 16 April 2008 at 9.00 am London time • Stabilisation period ends: Close of business on 29 April 2008 • Offer price: US$ 8.50 per GDR was determined and announced at approximately 8am London time on 16 April 2008 • Over-allotment option is equivalent to 10% 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 ExchangeRelated Shares:
MGNT.L