POLYMETAL OJSC RUB0.2

ISIN: RU000A0JP195 WKN: PMTLS Polymetal is a precious metals mining company, which produces gold and silver. Polymetal is Russia?s largest silver producer and third largest gold producer. The Company is also the fifth largest silver producer in the world. It carries out the full range of deposit development ? from exploration to production.

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>Polymetal was established in 1998 in St. Petersburg by the ICT Group, which hoped to create a Russian mining company that would use state-of-the-art technology from exploration to bullion production.

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>Polymetal’s headquarters is located in St. Petersburg. There is also a representative office in Moscow. The Company has its own research and design centre — CJSC Polymetal Engineering. Polymetal Engineering carries out a full range of engineering activities associated with deposit development — from exploration to commissioning mines and processing plants.

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>In February 2007, JSC Polymetal floated its shares and shares in form of GDR in an initial public offering (IPO) on the London Stock Exchange, RTS (Russia) and MICEX (Russia). @ ad-hoc-news.de