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Copperfield

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Copperfield

Re: None

Monday, 06/28/2004 7:24:46 AM

Monday, June 28, 2004 7:24:46 AM

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SUEK may widen its stake in RAO UES from today`s 6%.

28 June 2004 12:44

Siberian Coal & Energy Co. (or SUEK) may widen its stake in RAO UES vs. today's 6%, SUEK GD V. Rashevsky told Vedomosti.

SUEK is mostly regarding RAO UES stocks as portfolio investments today, V. Rashevsky said.

When reorganized, SUEK sees itself as a strategic investor with the energy as profile business for many years running. The company will concentrate on generation and first of all on the territorial generation companies established based on those AO-energo where SUEK holds large stakes, V. Rashevsky said.
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