INVITATION THE 12th CONFERENCE OF CENTRAL SECURITIES DEPOSITORIES WHERE SAINT PETERSBURG

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INVITATION THE 12th CONFERENCE OF CENTRAL SECURITIES DEPOSITORIES WHERE SAINT PETERSBURG Saint Petersburg is a city and a federal subject of Russia located on the Neva River at the head of the Gulf of Finland on the Baltic Sea. Dear Delegate, The Association of Eurasian Central Securities Depositories (AECSD) is proud to have been selected as the host of the 12th Conference of Central Securities Depositories (CSD) which will take place from 29-31 of May 2013 at the Corinthia Hotel in Saint Petersburg, Russian Federation (Russia). The biennial CSD conferences are the premier international CSD events which attract prominent speakers, delegates and sponsors from the industry since inception almost 20 years ago. The conference offers informed international speakers and unique networking opportunities with delegates from around the world, including representatives from the regional CSD associations such as the Asia-Pacific CSD Group, the Americas Central Securities Depositories Association, the Africa & Middle East Depositories Association, the Association of Eurasian Central Securities Depositories and the European Central Securities Depositories Association. Delegates will also include regulators, central banks, vendors, international banks and custodians as well as many other stakeholders in the capital markets. We trust that you will find this event interesting and informative and we are looking forward to seeing you at CSD12 in Saint Petersburg. Saint-Petersburg is one of the main cultural, historical and architectural centers of Russia. It was named in the honor of Tsar Peter the Great, who founded St. Petersburg in 1703. St. Petersburg is world known for its channels and bridges and is often called Northern Venice. There are 313 bridges in St.Petersburg. The main of them open at the following hours of the night between April and November (depending on ice and weather) to allow ships to pass. This show is worth to see it. Here lived such eminent writers as Pushkin, Dostoevsky, Goncharov, Lermontov, Fet, Griboedov, such worldwide known artists as Brullov, Repin, Shishkin, Malevich, Rastrelly, Montferrand, Rossi created their best monuments here in St. Petersburg. Many outstanding monuments are situated here, most known are: St. Isaac s Cathedral, Kazan s Cathedral, Peter and Paul s Fortress, Admiralty, Hermitage, Smolny Cathedral. Saint Petersburg is home to more than two hundred museums, many of them hosted in historic buildings. The largest of the museums is the Hermitage Museum, featuring interiors of the former imperial residence and a vast collection of art. The architectural image of St. Petersburg is unique, it has imprints of the cultures of three centuries, it is difficult to compare St. Petersburg with some other city in the whole world. So, welcome to St. Petersburg, the most Western and one of the most beautiful cities of Russia, and we do hope you enjoy discovering its treasures and mysteries for yourself!

PLACE TO STAY ACCOMODATION Ambassador 4 5-7, Rimskogo-Korsakova av. We have selected three hotels for accommodation during the conference. CSD 12 will take place at Corinthia St. Petersburg Hotel and therefore we recommend you to stay in this hotel. However, you can also choose Ambassador or Radisson Sonya Hotel, which are both located not far from the conference venue and also very comfortable. Corinthia St. Petersburg 5 Address: 57, Nevsky Prospect Description: the hotel announces the re-opening of its main entrance on Nevsky 57 on 28th of June 2008. Situated on the famous Nevsky Prospect, the Corinthia Hotel is central to every region of Saint Petersburg. All of the major historical sites are nearby and easily accessible from the hotel, as are the major business districts. The Corinthia St Petersburg features a grand façade and rooms with a classic design. All rooms include air conditioning, a flat-screen TV and a luxury bathroom. Free Wi-Fi is available in public areas and in some rooms. The Corinthia s health club includes a gym, sauna, solarium and spa treatments. Special rates: Standard room: Single 295 euro Double 325 euro Web-site: www.corinthia.com Description: The Ambassador Hotel is located in the historic center of St. Petersburg. It combines 19th-century architecture with modern amenities, including several restaurants and bars, a gym and spa area. Each room at Hotel Ambassador is has a flat-screen satellite TV and Wi-Fi is available. Guests can enjoy a swim in the hotel s indoor swimming pool, or relax in the Finnish sauna. Special rates: Standard room: Single 6215 rubles Double 7040 rubles Superior room: Single 6800 rubles Double 7630 rubles Registration fee 200 rubles There are only 16 superior rooms in the hotel, that is why early booking is necessary. The price of superior room includes: - sauna, swimming pool, gym (from 7.00 a.m. till 11.30 a.m.) - Internet in the business center of the hotel (from 7.00 a.m. till 11.30 p.m.) - Wi-fi is available in the entire hotel, including rooms and is free of charge (24-hour) Web-site: www.ambassador-hotel.ru

Radisson Sonya Hotel 4 Address: 5/19 Liteyny Avenue THINGS TO DO SOCIAL EVENTS Web-site: www.radisson.ru Description: Radisson Sonya Hotel, St. Petersburg is a business-friendly hotel located in central St. Petersburg, close to Blockade of Leningrad Museum, Summer Garden, and Church of the Savior on the Spilled Blood. Featuring a classical-style façade, the Radisson Sonya Hotel is inspired by the famous Russian author Fyodor Dostoyevsky. Its strikingly decorated rooms include a safety deposit box, minibar, and tea/coffee maker. The hotel offers soundproofed rooms with satellite TV, and free Wi-Fi access. Special rates: Standard room: Single 191 euro Double 210 euro We have prepared an interesting program and we hope that you will enjoy visiting and discovering some masterpieces of Saint Petersburg during your stay here. The Peterhof Palace Peterhof is a jewel of the Russian art, a town of parks, palaces, and fountains. In the past it used to be an exquisite summer residence of Russian tsars. Upper Garden and Lower Park, genuine masterpieces of landscape design, number over 150 fountains, 5 monumental cascades. The Lviniy (Lion s) Cascading Fountain, the second as of its size, was launched again after 60 void years. On the territory of the reserve, there are 10 working museums: the Grand Palace, Monplaisir, Catherine s Block, Marii, Hermitage, the church of St.Alexander Nevsky (Gothic Capella), the Benois family museum, Cottage, the Bath Block including Tafeldecker and Kaffeeschenk Rooms and The Kitchen, and the Museum of Collectors. All hotel bookings can be made when registering. The State Hermitage Museum The State Hermitage is one of the oldest and largest museums in the world. The museum is located in 5 historical buildings of St.Petersburg, including the Winter Palace - the former residence of Russian tsars. The buildings of the museum, by themselves, are architectural chef d oeuvres. The collections of the Hermitage include over 3

THINGS TO KNOW IMPORTANT INFORMATION million items from prehistoric to modern times. Magnificent works of art embracing prehistoric culture, Egyptian art, the art of Antiquity, Scythian gold, and great collections of Western-European paintings and sculptures can be seen in 400 halls of the museum. Business hours Offices: 9:00 a.m. 6:00 p.m. Monday-Friday Banks: 9:00 a.m. 6:00 p.m. Monday-Friday Museums: 10:00 a.m. 6:00 p.m. Most closed Monday Shops: 9:00 a.m. 8:00 p.m. Symphonic evening Saint Petersburg is famous for its music halls and theaters. And for one evening you will have the opportunity to listen one the great performances of classical music in one of the best music halls of Saint Petersburg. You will hear some of the most beautiful, intense, spiritual and uplifting music ever written, played with energy and rapture by the musicians of Russian symphony orchestra. This concert is about great music brilliantly played and is suitable for anyone new or relatively new to classical concert attendance through to those classical enthusiasts who just want to experience their favorite pieces live. Currency The Russian monetary unit is the ruble. There is no limit to the amount of foreign currency allowed to be brought into Russia. However, more then 10 000 $ brought into the country (including traveller s checks) must be declared upon entering the country. In Russia, tourists can exchange any amount of hard currency for rubles at any of the following locations: authorized Russian banks, foreign currency offices located in major hotels, international airports, banks and sea ports. Exchange rates between the ruble and all hard currencies are set by authorized Russian banks within Russia and by authorized banks within each of the independent republics. Many international credit cards are accepted in Russia (Visa, Master Card etc.). Spouse Programme We also prepared some interesting leisure activities for spouses visiting Saint Petersburg, so they could spend good time during the conference. Electric current The electric current in Russia is 220 V. European type plugs are required. Time zone The difference between Greenwich Mean Time and the time in St.Petersburg & Moscow is +4 hours (called Moscow time ). The difference in summer time is + 3 hours.

ABOUT AECSD CONTACT DETAILS Phone Telephone area code in St. Petersburg is: (+7) 812 Telephone area codes in Moscow are: (+ 7) 495 and (+7) 499 Russian cuisine Russian food is famous for its meat dishes, ukha (fish soup), shchi (cabbage soup), pokhlebka (thick broth), okroshka (cold vegetable soup), bliny (pancakes) with sour cream or caviar, cabbage pie, and beef a la Stroganoff. Tea with lemon is a traditional Russian beverage. Temperature St. Petersburg has all characteristic of the marine environment. Active cyclonic activity, and frequent changes of air masses determine the unstable weather in all seasons. By geographical location short-term storms are possible, so it s better to take an umbrella. The Association of Eurasian Central Securities Depositories (AECSD) unites the Central Securities Depositories of the CIS countries. The Association s mission is to develop and enhance depository operations, create a common depository environment, and integrate the CSDs of the CIS countries into the global securities settlement system. The start of the AECSD activities was in 2001, when its members gathered in Tashkent for the first international seminar, Integration of Depository Systems as the Basic of Efficient Interaction on International Securities Markets. In accordance with the Resolution the main objective of AECSD is establishment of a common depository environment, including: harmonization of the regulatory framework; development of an optimal model for the recordkeeping system to be used in the securities market of the member countries; establishment of depository links among the members to support crossborder securities transactions; standardization of the technologies for the depository operation, procedures for depository transaction processing, and rules and regulations governing the depositories activities; adoption of international messaging standards for depository transactions and their use in the national practice; development of Electronic Document Interchange; development of harmonized standards for depository recordkeeping and reporting; supporting a coordinated process to enable the Association members to integrate into the global depository system. Contact details For more details, please visit our web-sites: http://www.aecsd.com/

HOW TO ATTEND REGISTRATION Registration for CSD 12 can be completed via CSD 12 website, www.csd12.net. Official registration rates for the 12th CONFERENCE OF CENTRAL SECURITIES DEPOSITO- RIES are approved as follows: Delegate Registration Fee: Early Bird Registration (1 Oct - 31 Oct 2012) Euro 1 200.00 Standard Registration (1 Nov 2012-1 Feb 2013) Euro 1 300.00 Late Registration (2 Feb 10 April 2013 ) Euro 1 500.00 Accompanying Persons / Spouse Programme Euro 200.00 All rates will be paid in EURO or rubles (RUB) by the official exchange rate. In addition to the sum Value Added Tax (VAT) 18% is payable to the Russian Federation Budget.