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Ekonomika i Zhizn (Moscow), June 12, 2004

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OAO RBC Information Systems has decided to make an additional issue of securities. The company will issue 15m ordinary shares, which is 15 percent of its authorized capital. Some 25.5 percent of the stock is publicly held. After the additional issue, some 36.1 percent of the shares will be publicly traded. The raised funds will be allocated to buying new assets and launching new projects, including purchases of IT and media companies. According to German Kaplun, the Chairman of the Board of Directors of RBC, the expected consolidated income is to be $10.8m in 2004 against $3.7m in 2003.

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