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Holding IDGC Shares Included in MSCI Russia Index


Moscow, Russia, 16 November 2011. MSCI Barra, a global stock market index developer, included on 15 November 2011 shares of  Holding IDGC, the largest electricity distribution company in Russia and majority shareholder in 11 interregional and five regional distribution grid companies, in the MSCI Russia Standard Index, MSCI Russia Mid Cap Index and MSCI Russia IMI index. Holding IDGC is expected to have 0.67% weight in MSCI Russia Standard, 50.4% weight in MSCI Russia Mid Cap and 0.65% weight in MSCI Russia IMI. The changes in the indices will be effective as of 1 December 2011.

Inclusion in the benchmark MSCI Russia index will provide Holding IDGC access to a broad range of international investors targeting the Russian market as a number of investment funds use the indices’ structure to shape their portfolios.

Commenting on the news, Nikolay Shvets, CEO of  Holding IDGC, said:

“We are delighted to see Holding IDGC shares included in the prestigious MSCI indices as we look to continue to increase liquidity of our securities. This is an important step in our ongoing efforts to deliver stable growth of our financial and operating results.”

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