On 2 March 2007 the Board of Directors of RAO Unified Energy Systems of Russia (UES) approved the general scheme for the final stage of the company reorganisation. The final stage of the reorganisation is scheduled to be completed on 1 July 2008, when it is expected that UES will demerge a large number of subsidiary companies.
Due to the size of the demerger being contemplated and general uncertainty around the status of RAO UES post demerger, EDX London has decided to temporarily suspend acceptance of trades in UES DR derivative contracts with a maturity date later than 21 March 2008.
