DCC Fee Schedule by dacourtjester

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									                                                                                                   Approved by
                                                                                            Order of ZAO DCC
                                                                                        No. 44 of June 19, 2009

                                                                                            Fees effective July 01, 2009


                         FEE SCHEDULE
    Closed Joint-Stock Company "Depository Clearing Company"
Part 1. Depository and Clearing Services
         1.1. Opening of a depo account
         1.2. Securities safekeeping and recording on a depo account
         1.3. Deposit of securities involving transfer of ownership
         1.4. Withdrawal of securities
         1.5. Transfer of securities between depo accounts within DCC
         1.5.1 Free of payment delivery/receipt
         1.5.2. Delivery/receipt versus payment
         1.5.3. Transfer of securities after clearing held by NP Russian Trading System Stock Exchange
         (RTS)
         1.5.4. Transfer of securities from/to "account for Depository Receipt Issuance"
         1.6. Blocking of securities
         1.7. Processing of Instruction submitted in hard copy
         1.8. Supplement to Statement of Holdings
         1.9. Provision of additional reports
         1.10. Issuance of copy of document submitted earlier to Participant (including transfer via EDI
         and S.W.I.F.T.)
         1.11. Transfer of securities from the main subaccount to the “Blocked for trades on MICEX -
         Stock Market Section” trading subaccount
         1.12. Transfer of securities from the “Blocked for trades on MICEX - Stock Market Section”
         trading subaccount to the main subaccount
         1.13. Cancellation of an instruction for an operation to be executed via interdepository cooperation
         speedy settlement scheme
Part 2. Services Involving Re-registration and Other Operations with Securities in Registrars and
Depositories
         2.1. Securities re-registration at share registers or at securities depositories
         2.2. Transactions in a share register not involving securities re-registration
         2.3. Express processing of transactions provided by Item 2.1. or 2.2.
         2.4. Payment of Registrars' fees for securities re-registration on client's instruction
Part 3. Corporate Actions and Information
         3.1. Corporate actions processing
         3.1.1. Voluntary corporate action processing and reporting
         3.1.2. Processing of securityowner list furnished by Participant in a format other then the format
         used by Depository
         3.1.3. Processing of securityowner lists delivered to Depository after the established deadline
         3.1.4. Calculation and/or distribution of dividends, principal payments, and coupon/interest
         3.1.5. Proxy services (voting at shareholder meetings on behalf of shareholders)
         3.2. Provision of corporate information via Automated Query System on DCC's website
         3.2.1. Detailed news items
         3.2.2. Detailed information about Issuer (issuer, securities, income, meetings)
         3.2.3. Detailed information on Registrar
         3.3. Provision of corporate information on Participant's written request, other services
         3.3.1 Provision of information on registered persons (securityholders of record) from share
         register
         3.3.2. Provision of corporate information (except for information for the purposes of Items 3.2.1.-
         3.2.3.) on written request
         3.3.3. Provision of Registrars Bulletin in electronic form
         3.3.4. Provision of forms used by Registrars (hard copy)
Part 4. Remote Access to the Clearing and Depository System
         4.1 Operation via DCC Electronic Document Interchange System
         4.2 Operation via RTS Electronic Document Interchange System
         4.3. Operation via S.W.I.F.T
Part 5. Other Services
         5.1 Courier services (special delivery of documents)
                                           Part 1. Depository and Clearing Services

  No.                    Services                               Rates 1                               Comments
1.1.     Opening of a depo account                  RUB800 per account
1.2.     Securities safekeeping and
         recording on a depo account 2
1.2.1.   Safekeeping and recording of               RUB135 for safekeeping securities    Fee charged for each full or incomplete
         Issuers' securities, excluding Issuers     of one Issuer, but not less than     calendar month. A Participant pays for
         that are ZAO (closed joint-stock           RUB4,000 per month                   the total number of issuers whose
         companies) or maintain their own                                                securities are held in its securities
         share register                                                                  (depo) accounts.
1.2.2.   Safekeeping and recording of               RUB675 for safekeeping securities    Fee charged for each full or incomplete
         securities of the Issuers that are ZAO     of one Issuer, but not less than     calendar month. A Participant pays for
         (closed joint-stock companies) or          RUB4,000 per month                   the total number of issuers whose
         maintain their own share register                                               securities are held in its securities
                                                                                         (depo) accounts. The minimum fee of
                                                                                         RUB4,000 is not charged if securities of
                                                                                         the Issuers stated in Item 1.2.1. are also
                                                                                         held in the depo account
1.2.3.   Maintenance of a depo account with RUB1,350 per month                           Fee is charged for the total number of
         zero balances as of the end of each                                             depo accounts of one Participant.
         operating day of a calendar month
1.3.     Deposit of securities involving
         transfer of ownership

1.3.1.   Depositing of securities during re-        In accordance with Items 2.1, 2.3,
         registration in the share register         2.4 of the Fee Schedule
         effected by DCC.
1.3.2.   Depositing of securities during            RUB500 per Instruction               Except for securities enlisted in DCC
         settlement via cooperation between                                              Special Fee Schedule [6]
         DCC and ZAO CB Citibank, if the
         registrar / transfer agent is located in
         Moscow, St. Petersburg, Moscow
         Region or re-registration is
         performed via electronic document
         interchange between DCC and the
         registrar.
1.3.3.   Depositing of securities during            RUB1,900 per Instruction             Except for securities enlisted in DCC
         settlement via cooperation between                                              Special Fee Schedule [6]
         DCC and ING BANK (EURASIA)
         ZAO, if the registrar / transfer agent
         is located in Moscow, St. Petersburg,
         Moscow Region or re-registration is
         performed via electronic document
         interchange between DCC and the
         registrar.
1.3.4.   Depositing of securities during            RUB250 per Instruction               Fee includes all DCC expenses for
         settlement via cooperation between                                              execution of Participant’s instruction.
         DCC and NP NDC
1.3.5.   Depositing of securities during            RUB1,900 per Instruction             Except for securities enlisted in DCC
         settlement via cooperation between                                              Special Fee Schedule [6]
         DCC and OOO Deutsche Bank, if
         the registrar / transfer agent is
         located in Moscow, St. Petersburg,
         Moscow Region or re-registration is
         performed via electronic document
         interchange between DCC and the
         registrar.

1.4.     Withdrawal of securities
1.4.1    Withdrawal of shares 3 from an             RUB270 plus 50 percent of the fee
         account with DCC and depositing            for re-registration in accordance with
         them to an account with a Registrar        Item 2.1 of the Fee Schedule
         or another depository
1.4.2.   Withdrawal of bonds (including as a        RUB135
         result of redemption) from an
         account with DCC and depositing
         them to an account with a Registrar
         or another depository
1.4.3.   Withdrawal of investment fund units        RUB270
         from an account with DCC and
         depositing them to an account with a
         Registrar or another depository, and
         also due to redemption/exchange of
         investment fund units
1.4.4.   Withdrawal of securities during            RUB1,400 per Instruction                 Except for securities enlisted in DCC
         settlement via cooperation between                                                  Special Fee Schedule[6]
         DCC and ZAO CB Citibank, if the
         registrar / transfer agent is located in
         Moscow, St. Petersburg, Moscow
         Region or re-registration is
         performed via electronic document
         interchange between DCC and the
         registrar.
1.4.5.   Withdrawal of securities during            RUB2,400 per Instruction                 Except for securities enlisted in DCC
         settlement via cooperation between                                                  Special Fee Schedule[6]
         DCC and ING BANK (EURASIA)
         ZAO, if the registrar / transfer agent
         is located in Moscow, St. Petersburg,
         Moscow Region or re-registration is
         performed via electronic document
         interchange between DCC and the
         registrar.
1.4.6.   Withdrawal of securities during            RUB960 per Instruction                   Fee includes all DCC expenses for
         settlement via cooperation between                                                  execution of Participant’s instruction.
         DCC and NP NDC
1.4.7.   Withdrawal of securities during            RUB2,400 per Instruction                 Except for securities enlisted in DCC
         settlement via cooperation between                                                  Special Fee Schedule[6]
         DCC and OAO Deutsche Bank, if
         the registrar / transfer agent is
         located in Moscow, St. Petersburg,
         Moscow Region or re-registration is
         performed via electronic document
         interchange between DCC and the
         registrar.

1.5.     Transfer of securities between
         depo accounts within DCC
1.5.1. Free of payment delivery/receipt
1.5.1.1. Transfer of shares between accounts RUB575 per Instruction

1.5.1.2. Transfer of bonds and investment           RUB25 per Instruction
         fund units between accounts

1.5.2. Delivery/receipt versus payment
1.5.2.1. Transfer of shares relating to OTC         RUB550 per Instruction                   If several instructions with the same
         trades                                                                              details (securities account from which
                                                                                     securities are debited, securities account
                                                                                     to which securities are credited, issuer
                                                                                     name, security issue) are executed
                                                                                     during one operating day, the fee
                                                                                     charged for the execution of such
                                                                                     instructions is equal to the fee charged
                                                                                     for executing of a single instruction.
1.5.2.2. Transfer of securities relating to                                          If several instructions with the same
         trades executed on RTS                                                      details (securities account from which
                                                                                     securities are debited, securities account
         from 1 to 100 Instruction during a                                          to which securities are credited, issuer
         calendar month                         RUB550 per Instruction               name, security issue) are executed
                                                                                     during one operating day, the fee
         from 101 to 200 Instruction during a                                        charged for the execution of such
         calendar month                       RUB525 per Instruction                 instructions is equal to the fee charged
                                                                                     for executing of a single instruction.
         from 201 to 500 Instruction during a
         calendar month                       RUB500 per Instruction                 The fee for the execution of an
                                                                                     instruction will not be charged if,
         from 501 to 1,000 Instruction during                                        besides such instruction an OTC trade
         a calendar month                     RUB475 per Instruction                 instruction is executed during the same
                                                                                     operating day, and if both instructions
         from 1,001 and more Instruction                                             have the same details (securities account
         during a calendar month                RUB400 per Instruction               to which securities are debited,
                                                                                     securities account to which securities
                                                                                     are credited, issuer name, security
                                                                                     issue).
1.5.2.3. Transfer of bonds and investment       RUB25 per Instruction
         fund units relating to OTC trades or
         trades executed on RTS
1.5.3. Transfer of securities as a result of
         clearing carried out by RTS
1.5.3.1. Transfer of shares upon conditional    RUB135 per conditional Instruction
         instructions
1.5.3.2. Transfer of bonds and investment       RUB25 per conditional Instruction
         fund units upon conditional
         instructions
1.5.3.3. Transfer of securities between depo    RUB50 per operating day              The fee is charged if the series of
         accounts following the results of                                           transactions relating to
         clearing conducted by RTS                                                   deposit/withdrawal of securities of one
                                                                                     issue during one operating day resulted
                                                                                     in a change in the quantity of securities
                                                                                     at the end of the day. Additional issue of
                                                                                     securities is treated as a separate issue,
                                                                                     and charged accordingly.
1.5.4.   Transfer of securities from/to         RUB1,080 per Instruction             The fee is not charged:
         "account for Depositary Receipt                                             - if the accounts (sub-accounts) between
         Issuance"                                                                   which securities are transferred are
                                                                                     owned by the same Participant;
                                                                                     - to the owner of the "account
                                                                                     Depositary Receipts issuance".
1.6.     Blocking of securities                 RUB540                               Not charged in case of blocking in
                                                                                     trading sub-account of depo account and
                                                                                     blocking pursuant to resolution of
                                                                                     competent government authorities.
1.7.     Processing of Instruction              RUB400 per Instruction               Except for an Instruction for which
         submitted in hard copy                                                      electronic form is not allowed and an
                                                                                     cancellation instruction.

                                                                                     In case the Instructions for transfer of
                                                                                     securities between depo accounts of
                                                                                     different Participants are have been
                                                                                     prematched, the fee shall be charged
                                                                                        from each Participant.
1.8.       Supplement to Statement of             RUB50 per Supplement                  On request of Depositor/Account
           Holdings                                                                     Trustee
1.9.       Provision of additional reports        RUB800 per report                     On request of Depositor/Account
                                                                                        Trustee
1.10.      Issuance of copy of document           RUB5 per sheet (for documents in
           submitted earlier to Participant       paper form) but not less than
           (including transfer via EDI and        RUB100 per document
           S.W.I.F.T.)
1.11.      Transfer of securities from the
           main subaccount to the “Blocked
           for trades on MICEX - Stock
           Market Section” trading
           subaccount
1.11.1.    For securities which are not included RUB200 per Instruction
           in the List of securities eligible for
           settlement via DCC-NDC Bridge.
1.11.2.    For securities included in the List of RUB450 per Instruction           Fee includes all DCC expenses for
           securities eligible for settlement via                                  execution of Participant’s instruction.
           DCC-NDC Bridge.
1.12.      Transfer of securities from the “Blocked for trades on MICEX - Stock Market Section” trading subaccount to
           the main subaccount
1.12.1.    For shares which are not included in RUB870 per Instruction             Fee includes all DCC expenses for
           the DCC - RTS Standard Special                                          execution of Participant’s instruction
           List                                                                    except for instructions related to OAO
                                                                                   Gazprom shares. For instructions
                                                                                   relating to OAO Gazprom shares an
                                                                                   additional fee is charged to cover
                                                                                   expenses for reregistration.
1.12.2.    For shares which are included in the DCC - RTS Standard Special List    Fee includes all DCC expenses for
                                                                                   execution of Participant’s instruction
           From 1 to 500 Instruction during a RUB125 per Instruction               except for instructions related to OAO
           calendar month                                                          Gazprom shares. For instructions
           From 501 Instruction during a          RUB100 per Instruction           relating to OAO Gazprom shares an
           calendar month                                                          additional fee is charged to cover
                                                                                   expenses for reregistration.
1.13.      Cancellation of an instruction for RUB570 per Instruction
           an operation to be executed via
           interdepository cooperation
           speedy settlement scheme


       Comments
       [1]
           The fees are given in Russian Rubles (exclusive VAT). In addition to the fees overhead expenses, costs of
       services of third organizations and other documented expenses of DCC connected to performance of Participants'
       Instructions are charged.
       [2]
           The fee includes all services provided in accordance with the depository/interdepository agreements and for which
       there is no separate fee.
       [3]
           Hereinafter "shares" refers to "shares and their derivatives".
       [4]
            The amount of the transaction is calculated in Russian Rubles according to the rate of the Central Bank of the
       Russian Federation as for the date of the instruction processing.
       [5]
           Reference to information provided by information agencies includes indication of the relevant information
       agency.
       [6]
           See Fees of Closed Joint-Stock Company «Depository Clearing Company» for Execution of Operations via
       Interdepository Cooperation in case a Trip to Another RF Constituent Entity is Required.


             Part 2. Services Involving Re-registration and Other Operations with Securities in Registrars and
                                                        Depositories

  NO.                    Services                               Rates 1                                Comments
2.1.       Securities re-registration at share
           registers or at securities
           depositories
2.1.1.     If the Registrar/Securities           RUB1,080 per Instruction        Securities re-registration service includes
           Depository/Re-registration Agent                                      the provision to the client of a
           is located in Moscow, St.-                                            notice/account statement or a Registrar's
           Petersburg, or Moscow Region or                                       statement of refusal to enter a record in
           if a transaction is being executed                                    the share register.
           via Electronic Document                                               If it is necessary to make an extra visit to
           Interchange System between DCC                                        the office of a registrar or a securities
           and a Registrar                                                       depository due to failure to execute an
2.1.2.                                           RUB3,200 per Instruction        instruction (provided that such failure
           If it is necessary to travel to other                                 was not due to the fault of DCC), each
           regions of Russia                                                     such trip shall be charged as a separate
                                                                                 re-registration service.
2.2.       Transactions in a share register not
           involving securities re-registration
           (receipt of account statements,
           notices, information letters;
           account opening, modification of
           account details, blocking/release
           of securities in securityholder
           account)
2.2.1.     If the Registrar/Securities           RUB540 per Instruction          If it is necessary to make an extra visit to
           Depository/Re-registration Agent                                      the office of a registrar or a securities
           is located in Moscow, St.-                                            depository due to failure to execute an
           Petersburg, or Moscow Region                                          instruction (provided that such failure
2.2.2.                                                                           was not due to the fault of DCC), each
           If it is necessary to travel to other RUB1,600 per Instruction        such trip shall be charged as a separate
           regions of Russia or other states                                     re-registration service.
2.3.       Express processing of transactions 100% surcharge on fees in Item 2.1 or
           provided by Item 2.1. or 2.2.      2.2
2.4.       Payment of Registrars' fees for    RUB270 per payment of service
           shares re-registration on client's charges on client's instruction
           instruction
     Comments
     [1]
         The fees are given in Russian Rubles (exclusive VAT). In addition to the fees overhead expenses, costs of
     services of third organizations and other documented expenses of DCC connected to performance of Participants'
     Instructions are charged.

       Part 3. Corporate Actions and Information

  No.                   Services                              Rates 1                            Comments
3.1        Corporate actions processing
3.1.1      Voluntary corporate action           RUB675
           processing
3.1.2      Processing of securityowner list     RUB500 per owner
           furnished by Participant in a
           format other then the format used
           by Depository
3.1.3      Processing of securityowner lists    RUB50 per owner
           delivered to Depository after the
           established deadline
3.1.4      Calculation and/or distribution of   RUB135 per transaction           Fee charged on amounts over RUB1,000
           dividends, principal payments, and                                    (income calculation/distribution)
           coupon/interest
3.1.5.     Proxy services (voting at            RUB4,000                         Where DCC agents attend and vote at
           shareholder meetings on behalf of                                     shareholder meetings on behalf of several
           shareholders)                                                         shareowners, the amount of travel-related
                                                                                 expenses is to be borne by such
                                                                                 shareowners in equal proportion
3.2        Provision of corporate
          information via Automated
          Query System on DCC's website
3.2.1     Detailed news items           RUB50 per message                             Information viewed by clicking the news
                                        RUB25 per message (for subscribers)           headline given in red. The service is free
                                                                                      for Participants that have non-zero
                                                                                      balances of securities of the specific issue
                                                                                      as of query date (except for information
                                                                                      provided by information agencies 5)
3.2.2     Detailed information about Issuer: RUB25                                    The fee is charged for each click on the
          Issuer; securities; income;                                                 Detailed Information link.
          meetings                                                                    This service is free for Participants that
                                                                                      have non-zero balance of securities of the
                                                                                      specific issue as of query date.
3.2.3     Detailed information on Registrar RUB400                                    The fee is charged for each click on the
                                                                                      Detailed Information link.
3.3     Provision of corporate
        information on Participant's
        written request, other
        informational services
3.3.1   Provision of information on
        registered persons (securityholders
        of record) from share register
3.3.1.1 If the Registrar is located in          RUB1,350                              This service is provided on request of a
        Moscow, St.-Petersburg, or                                                    Participant holding over 1% of the
        Moscow Region                                                                 Issuer's voting shares.
        If the Registrar is located in other    RUB2,700
3.3.1.2 regions of Russia or other
        countries
        If the Participant refuses to receive   RUB270
3.3.1.3
        information
3.3.2   Provision of information (except        RUB1,350 per hour of work of           Payment shall be made in accordance
        for information for the purposes of     Depository employee, but not less than with the amount of working time (which
        Items 3.2.1.-3.2.3.) on written         RUB675                                 must be agreement with the Participant)
        request                                                                        spent by the Depository staff on the
                                                                                       processing of the Participant's request
3.3.3   Provision of Registrars Bulletin in
        electronic form:
3.3.3.1 Initial purchase                    RUB13,500                                 Initial purchase and subsequent updates
3.3.3.2 Update                              RUB5,400 per update but not more          are to be independently made by the
                                            than RUB5,400 per month                   Participant on the Depository's website
3.3.4   Provision of forms used by
        Registrars (hard copy):
3.3.4.1 Initial purchase - forms of all     RUB8,100
        Registrars
3.3.4.2 Update: each form of individual     RUB25 per form
        Registrar
3.3.4.3 Update                              RUB540 per update                         Updates provided upon Participant's
                                                                                      request.
      Comments
      [1]
           The fees are given in Russian Rubles (exclusive VAT). In addition to the fees overhead expenses, costs of
      services of third organizations and other documented expenses of DCC connected to performance of Participants'
      Instructions are charged.
       [5]
           Reference to information provided by information agencies includes indication of the relevant information
      agency.

                              Part 4. Remote Access to the Clearing and Depository System

  No.                Services                                  Rates 1                                Comments
4.1.      Operation via DCC Electronic
          Document Interchange System
4.1.1.    Subscriber Station Software        RUB2,150                            For installation
          featuring built-in Verba-O
          Cryptographic Data Protection
          System
4.1.2. Set of key floppy discs (main disc RUB3,300                               For installation
          and duplicate disc)
4.1.3. Registration                          RUB1,350
4.1.4. Receipt of Instruction                RUB5                               RUB2,700 max. per month
4.1.5. On-site technician visit, per hour RUB1,350
          or less (on Participant's request)
4.1.6. Unscheduled replacement of set of RUB1,350                               Plus payment for generation of new set of
          key floppy-discs in case of                                           keys
          compromise
4.2       Operation via RTS Electronic
          Document Interchange System
4.2.1. Registration                          RUB1,350
4.2.2. Receipt of Instruction                RUB5                               RUB2,700 max. per month
4.3       Operation via S.W.I.F.T
4.3.1. Receipt and processing of             RUB80 per incoming Instruction     RUB2,700 max. per month
          Instruction
    Comments
    [1]
        The fees are given in Russian Rubles (exclusive VAT). In addition to the fees overhead expenses, costs of
    services of third organizations and other documented expenses of DCC connected to performance of Participants'
    Instructions are charged.

    Part 5. Other Services

  No.                 Services                            Rates 1                                 Comments
5.1.     Courier services (special delivery RUB270 per letter
         of documents)



    Comments
    [1]
        The fees are given in Russian Rubles (exclusive VAT). In addition to the fees travel related expenses, costs of
    services of third organizations and other documented expenses of DCC connected to performance of Participants'
    Instructions are charged.

								
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