On  April  3,  2003  the  RSE Management Board resolved to lift the 15%

price  spread  for JSC "Rota" shares traded at the continuous market at

variable  prices.  The  resolution  has  been  taken  due  to  the high

concentration  of  orders on the bid side, and is based on Item IV.3 of

the RSE Enforcement Note on Trading and Quotation.