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Ministry of Justice of Ukraine

June 15, 2001

No. 518/5709

THE DECISION OF STATE COMMISSION ON SECURITIES AND THE STOCK MARKET

of May 8, 2001 No. 144

About implementation of the state control of activities of stock exchanges

(as amended on 28-10-2016)

According to articles 7 of the Law of Ukraine "About state regulation of the security market in Ukraine" State commission on securities and the stock market solved:

1. Approve Regulations on the state representatives on the stock exchanges.

2. Abolish the decision of State commission on securities and the stock market of 06.07.99 of N140 "About Implementation of the State Control of Activities of Stock Exchanges, Depositaries and Trade and Information Systems".

3. I reserve control of execution of this decision.

Commission chairman

V. Mozgova

Approved by the Decision of State commission on securities and the stock market of May 8, 2001 No. 144

Regulations on the state representatives on the stock exchanges

This Provision is developed according to the Laws of Ukraine "About state regulation of the security market in Ukraine". The provision determines procedure for appointment and power of the state representatives on the stock exchanges which function in Ukraine.

1. The state representative on the stock exchange, (further - the state representative) is appointed by the relevant decision of the National commission on securities and the stock market from structure of authorized persons of the National commission on securities and the stock market.

2. The state representative exercises control on behalf of the state of observance of provisions of the charter and rules of stock exchanges.

3. The state representative has the right:

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