Information to be disclosed in accordance with Russian legislation

The use and access of these web pages and any content herein ("Materials") is subject to the following disclaimer and any other posted restrictions. The products described herein may be prohibited/ limited for sale on the certain territories or to the certain categories of investors.

Before executing the relevant agreement interested parties may obtain any information that should be provided in accordance with the federal law and other Russian laws, at the address: 2/2 Paveletskaya Ploshchad, Moscow, 115054.

The information on these web pages may refer to the international financial group UBS which has a head office in Switzerland (UBS AG), and representative office in Russia, as well as its affiliates which operate in their countries under their respective licenses. On the territory of Russia the services are provided only by the legal entities which are duly registered in the Russian Federation and operate under their respective licenses including:

«OOO UBS Bank», legal address: 11 floor, 2/2 Paveletskaya Ploshchad, Moscow, 115054

Russian Central Bank banking license No.3463 dated 6 June 2006

Licenses of the professional participant of the securities market, issued by Federal Financial Market Service (FFMS of Russia):
- for depository activity - No 177-12414-000100, issued 30 July 2009
- for broker activity - No 177-12405-100000, issued 30 July 2009
- for dealer activity - No 177-12408-010000, issued 30 July 2009

"UBS Nominees" CJSC. Legal address: 2/2 Paveletskaya Ploshchad, Moscow, 115054
License of the professional participant of the securities market, issued by Federal Financial Market Service (FFMS of Russia) for depository activity - No.177-04885-000100, issued 13 March, 2001

"UBS Securities" CJSC. Legal address: 2/2 Paveletskaya Ploshchad, Moscow, 115054
Licenses of the professional participant of the securities market, issued by Federal Financial Market Service (FFMS of Russia):
- for broker activity - No. 077-07006-100000, issued 21 October, 2003
- for dealer activity - No. 077-07018-010000, issued 21 October 2003

Some services that are mentioned on these web pages may not be rendered on the territory of Russia and are rendered only by the companies that have the respective licences in the respective jurisdictions.

Any further distribution of any part of these Materials, if occurs, shall mean that such distribution has been done without awareness and authorization of UBS.

To the extent permitted by law, UBS does not accept any liability arising from the use of these Materials.

No offer, no obligation

The Materials available herein have no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. The Material are published for information purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Unless specifically stated otherwise, all price information is indicative only.

UBS makes no representation or warranty as to the completeness of information contained in the Materials. Before entering into any transactions you should assess, not relying on UBS, economic risks and benefits, legal, tax and accounting implications of such transactions and your ability to take on such risks. UBS shall bear no responsibility for losses which may be incurred in connection with such transactions.

Any opinions are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or groups of UBS as a result of using different assumptions and criteria. Except for the cases specified by law UBS is not under any obligation to update or keep current the information contained herein (in particular, UBS shall not be obliged to remove any outdated information from the UBS website or to expressly mark it as being outdated).


No information in the Materials shall be considered as a guarantee of certain returns on investments in securities or other assets or as a guarantee of stability of costs related to such investments. The Materials are not intended as information about potential benefits arising from methods applied by UBS. Past performance provides no guarantee of future returns.

Material interests

UBS, its directors, officers, employees or clients may have or have had interests or long or short positions in the securities and/or currencies referred to herein, and may at any time make purchases and/or sales in them as principal or agent. In addition, UBS may act or have acted as market-maker in financial products discussed herein. Furthermore, UBS may have or have had a relationship with or may provide or have provided investment banking, capital markets and/or other services to the relevant companies. Employees of UBS may serve or have served as officers or directors of the relevant companies. UBS may rely on information barriers to control the flow of information contained in one or more areas within UBS into other areas, units of UBS.

Additional information will be made available upon request.