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Kommersant N223, December 5, 2001

Information Agency Places Convertible Bonds

Yesterday RosBusinessConsulting made a statement about the placement of pre-IPO convertible bonds worth $5 million in Switzerland. The bonds were issued by RBC's European-based subsidiary. They can be converted into RBC shares with a 10-per cent discount 90 days after the IPO. The placement was made under the framework of the IPO, which is scheduled to take place on MICEX and the RTS at the beginning of 2002.

Pavel Prezhentsev

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