ABOUT FINAM: Awards

May 31. Finam Investment Company named best online brokerage in Russia.

A ceremony was held on May 25, 2006 to award winners of the "Elite of the Stock Market – 2005" contest. Finam Investment Company was recognized as the best firm in the Online Brokerage category. In the opinion of the federal jury, in the final stage of the contest Finam beat such companies as BrokerCreditService, KIT Finance, Zerich Capital Management, Surgutneftegazbank, etc.

The "Elite of the Stock Market" contest has been conducted by the National Association of the Stock Market Participants since 2000. The figurine awarded to the contest winner is the most prestigious prize in the investment business which confirms the recognition of the company's achievements by the professional community.

"In 2004 we received the Elite award as the best online broker, but our 2005 performance helped us gain leadership status in this area of investment business. This award reaffirms the efficiency of our strategy that aims to offer our clients the most advanced investment opportunities. At issue are not only the technologies applied, many of which are unique, but also customer services, training and information support. Meanwhile, all of these are available not only in Moscow, but also in most Russian regions. Needless to say, in the future we will be moving towards becoming a full-service company to offer its clients all the tools required for profitable investments" – Finam Investment Company's first deputy general director Igor Stepanyan said.

It's noteworthy that Finam Investment Company's analyst Olga Belenkaya (the Best Analyst category) is among the winners of the "Elite of the Stock Market - 2005" contest, who ranks among the Top 7 stock market analysts in Russia and the Top 3 analysts in the Central Federal District.

For the record, in April 2006 Finam Investment Company won the "Financial Elite of Russia" contest as the most customer-oriented company in the financial and economic sector.

On April 26, 2006 the ceremony was held to give the Russian Financial Elite Award, which for a short time has become a traditional reputation benchmark in the domestic financial sector.

The Russian Financial Elite Award has been presented since 2004 and sponsored by the Expert-Consultative Council attached to the Chairman of the RF Audit Chamber, the Chamber of Commerce and Industry, the Bank of Russia, the Russian Banks Association, the Finance Ministry, the All-Russian Insurers Union, the Plekhanov Russian Academy of Economics and the Moscow State University.

Finam was given the title of the best company in the financial services sector and its activities were highly appreciated by professionals. Experts named the company "as that with a strongest focus on the client".

Victor Remsha, the general director of Finam Investment Company, said at the award ceremony, that "it is difficult to be client-oriented, but first you get used to it and later you find it appealing!"

Companies representing other subgroups (banks, insurance, management companies and non-governmental pension funds, leasing firms and media entities) also received Russian Financial Elite Awards.

The Russian Financial Elite Award is both playfully and seriously called the Russian Financial Oscar, pointing to the corporate image of nominees and heavyweights among jury members. This year it included head of the Russian Banks Association Garegin Tosunyan, president of the Association of Regional Banks of Russia Alexander Murychev, aide to the chairman of the RF Audit Chamber and executive secretary of the Expert-Consultative Council attached to the Chairman of the RF Audit Chamber Alexandr Korovnikov, director of the Finance Ministry's Financial Policy Department Alexei Savatyugin, president of the National Managers League Andrey Podoynitsin and chairman of the Russian Association of Leasing Companies, Rosleasing, Elena Skrynnik.

On June 11 The International Union of Internet Agents EZHE announced the results of the “Russian Online TOP” (ROTOP) Net contest. Finam.ru was ranked the best industry website of the year.
Participants looking for the award featured Sostav.ru, RwR.ru, AdMarket.ru, to name but a few. Such strong and deserving rivals have made the contest exciting and the victory even more remarkable.
The heated disputes swirled around participation and victory of Finam.ru in this nomination. According to the contest terms, corporate websites are not allowed to participate in such a contest. However, when Finam.ru came under scrutiny the jury concluded the resource is a powerful corporate-based industry website.
At present, Finam.ru is a recognized news agency, where one can find all necessary information on the Russian financial market. The website offers visitors a whole package of unique information and analytical sources which is being constantly expanded. To date, Finam.ru is a No.1 source where tens of thousands of people can find any information on all sectors of the country’s stock market.
We are pleased that pooled efforts of our professional team of journalists, analysts and help desk technicians were highly appreciated. They deserved the victory!

Rating of professional participants of the securities market targeting private investors by AK&M and Federal Securities Commission of Russia Central Regional Office:

• ZAO FINAM – No. 1 among 20 largest companies by securities turnover among private investors.

• ZAO FINAM – No. 2 among 20 largest companies, based on value of private investors’ holdings.

• ZAO FINAM – No. 1 among 20 largest companies by number of private investors holding non-zero cash or securities accounts.

Total number of the Company’s customers
(indicating number of most active investors)