Actuality December, 17, 2007

Russian VTB bank that received $8 bln during the initial offering entered the list of the largest world IPO in 2007.

The list also includes Chinese CITIC Bank Corporation and Dubai Ports World from UAE.

In the analysts’ opinion of Ernst & Young consulting company, “developing markets” will exactly provide the stable inflow of companies that want to hold initial public offering (IPO) in 2008.

Companies’ IPO from the developing markets contributed to that 2007 became a record year by the cost of transactions.

$255 bln was attracted due to the initial public offerings for this year.

At the stake of Brazil, Russia, India and China (BRIC) falls $106,5 bln altogether. At the end of 2007 the sudden increase of activity is expected in the IPO sphere, due to which can be attracted $18 bln more.

The largest amount of means from IPO was received on the Hong Kong stock exchange in 2007.

Companies from the countries with the developing economy concluded 14 from 20 transactions on this market.

The first place by volume of transactions with $52,6 bln belongs to China, in the USA were hold IPO for $38,7 bln, in Brazil – for $29 bln. The first place among the regions by

the number of offerings occupied

the Asian-Pacific region.

Europe, Near East and Africa reached leadership by IPO volume with 38% of the general volume.

The Hong Kong stock exchange was the leading floor by offering volume.

At its stake fell 13% of the market.

The second place occupied the New York stock exchange with 11%. The exchange stock of London attracted 10% of the world IPO volume, mostly, by means of large transactions of the Russian companies, including VTB and PIK Group.