National rating of corporate governance by RID-Expert RA

Company	Rating		Dynamics	Date of assigning/ updating
Bank VTB	7		confirmed	12.08.2010
CenterTelecom	8		отозван	07.04.2011
IC RUSS-INVEST	7+		confirmed	23.09.2011
JSC "Generating company"	7		confirmed	16.01.2012
JSC «RAO Energy System of East»	7		assigned	14.10.2010
Magnitogorsk metallurgical complex	8		raised	26.07.2011
MRSK North Caucasus	7		raised	28.09.2010
MRSK of Centre	7+		confirmed	23.09.2011
MRSK South	6+		assigned	19.12.2011
MRSK Urals	6+		отозван	14.03.2011
MRSK Volga	7		confirmed	08.11.2011
Northwest Telecom	8		отозван	07.04.2011
Peterburg Sales Company	6		отозван	25.02.2011
Rostelecom	8		confirmed	30.12.2010
RusGydro	7+		raised	16.12.2011
setevaya kompaniya	5		assigned	25.10.2011
Sistema	7+		confirmed	19.11.2010
Slavneft Oil & Gas Company	6+		confirmed	08.11.2011
SOCGORBANK	7+		отозван	10.03.2011
TranceKontainer	7+		raised	14.10.2011
Uralsvyazinform	8		отозван	07.04.2011
UTair Aviation	6+		raised	07.09.2011
Vodokanal of Saint-Petersburg	7+		confirmed	06.04.2011

Head of corporate governance rating service:
Stephen A. Jouline
jouline@raexpert.ru