Today at Gazprom headquarters Alexey Miller, Chairman, Gazprom Management Committee, held a working meeting with John Mack, Chairman of the Board, Morgan Stanley, and Sir David Walker, Chairman, Morgan Stanley International.

Alexey Miller briefed John Mack and David Walker on Gazprom shares’ market liberalization prospects. The parties paid specific attention to the related new cooperation possibilities in terms of attracting strategic investors.

John Mack and David Walker conveyed their plans on expanding Morgan Stanley’s presence in Russia.

The parties also discussed a number of promising directions of cooperation.

Reference:

Morgan Stanley is one of the largest investment banks with assets of US$837 billion. The company’s three key businesses include securities, asset management and financing. Morgan Stanley’s representative office in Russia was established in 1994.

The company organized several Gazprom Eurobonds placements. In February 2003 Morgan Stanley was among joint managers and the book runner in Gazprom’s Rule 144A bond placement in the amount of US$1.75 billion.

In July 2004 Morgan Stanley was one of the managers of Gazprom’s US$1.25 billion collateralized bond placement.