Investor Presentaiton

Investment highlights 1 MOEX operates in Top-10 largest economy globally¹ and covers Russia's largest public trading markets 2 Leading market position in a global context 3 Unique business model, offering trading of a wide range of assets together with well-established centralized post-trade infrastructure 4 High transparency and corporate governance standards 5 Successful track record of infrastructural reforms and improving regulatory framework 6 Strong financial performance 7 Attractive dividend policy ☑ MOSCOW EXCHANGE 1 According to IMF projections for 2014 year 9

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