Adopted New Rules for Disclosure of Exchange Information

The State Committee for Securities (SCS) approved the "Rules of Disclosure of Stock Exchange Information» (http://goo.gl/0ZKOb4).

The regulations specify the requirements for disclosure of information on the activities of the stock exchange of the outstanding securities and derivative financial instruments, the prices of supply and demand on them, as well as the findings on such transactions. In the case of destabilization of the financial markets and the negative impact of transactions on the economy SSC suspends the release of the information.

Summarized information on the exchange transactions shall be published in the Internet site of the Exchange at the expiration of the trading day. Information about the targeted transactions shall be published in compliance with the internal rules of the Exchange.

In addition, the Exchange will publish a monthly review of the transaction for each investment company.

Note that the stock exchange has been operating in Azerbaijan since 2000. Until now, the stock exchange listing of securities accepted no more than 10 companies. There is no stock index. Investment securities are mainly traded through targeted trades where both parties to the transaction in advance stipulate its conditions before the advent of the Central Bank on the stock exchange.

For a year on the stock exchange there are approximately 4,000-5,000 transactions on corporate securities. ---08B