OREANDA-NEWS. December 18, 2007. During 4 months since the start of the circulation of OGK-5's GDRs outside the Russian Federation, the volume of the GDR programme increased by 68.53% and totaled 20,481,562 receipts, the company's press service reports. The market capitalisation of the GDRs increased by 89.3% and totaled $179,213,668.

The management of OGK-5 considers the development of state-of-the-art corporate governance practices as one of the priority goals and highly appreciates the trust of investors acquiring the company’s securities.

Back in September, the Federal Financial Markets Service of Russia permitted JSC OGK-5 to place and/or circulate OGK-5's securities outside RF. The FFMS decision set that the amount of OGK-5’s shares to be circulated outside the Russian Federation through the placement of foreign securities shall not exceed 20 percent of the total current amount of OGK-5’s shares.

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