RUSSIAN POWER COMPANIES RAISE THEIR CAPITALIZATION BY 2.5 TIMES, OIL AND GAS COMPANIES BY 1.5 TIMES IN 2003

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MOSCOW, March 4 /RIA Novosti/ - Russian electric power companies increased their market capitalization by 150%, and oil and gas companies by 50% in 2003, deputy energy minister of Russia Anatoly Yanovsky told a round table entitled: "The Russian Fuel and Energy Complex: the Growth Strategy."

"The increased market capitalization of Russian power and oil and gas companies suggests the increased attractiveness of the Russian fuel and energy complex," Yanovsky said.

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