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Gold/Mining/Energy : Mosenergo ADR

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To: Copperfield who started this subject	3/7/2003 11:14:36 AM
From: Copperfield	of 241

Mosenergo Shares Soar MOSCOW -- Shares in Moscow power provider Mosenergo leapt in early trade Thursday and traders said they thought someone was buying shares to gain board representation. "The buying is connected with the shareholders' meeting; people are buying up shares to try to gain seats," said Oleg Martynenko, head of domestic sales at Alfa Bank, adding that the full picture was far from clear. Mosenergo closed up 12.96 percent at $0.0533. The register for Mosenergo shares ahead of the shareholders meeting will close on April 10 or 11.

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