AK&M Rating Agency has withdrawn the 'A' tier 3 national scale credit rating of Open Joint Stock Company Railways of Yakutia, with a stable outlook, due to expiration of the contract for rating services and the rated Company's refusal to have the rating updated.

CJSC AK&M Rating Agency

www.akmrating.ru

Ul. Gubkina 3, Moscow, Russia

Phone no. (495) 916-70-30, fax no.: (499) 132-69-18