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On 10-11 November 2009, the Congress Center of the Park Inn Pulkovskaya Hotel in St. Petersburg hosted the VII Russian Bond Congress and a ceremony of announcing and honoring the winners of Cbonds Awards. The independent 2009 Cbonds Awards ranking of the best companies in the Russian bond market was provided by more than 200 experts of the professional investment community.

Vegas Lex was recognized as one of the winners of the "Best Law Firm in the Bond Market" nomination and a breakthrough of the year. The Firm has been involved in the bond market for nearly a year, and has been able to become one of the leaders winning the second best position in the nomination. The first and third places were awarded to Liniya Prava and Baker & McKenzie, respectively.

Other nominations named the largest Russian and foreign investment banks, such as Raiffeisenbank, VTB Capital, Trust National Bank, Renaissance Capital and other. The Congress has become the largest Russian event for debt market issues and one of the most representative venues in the securities market. It was attended by over 500 participants, including top managers of banks, investment companies and other financial institutions, corporate issuers, representatives of the federal and regional authorities, foreign investors. The Congress was organized by Cbonds information agency and MICEX Stock Exchange.

"The Cbonds Awards gives credit for our achievements, and all Vegas Lex associates are inspired by this recognition. Our professional team will become all the more active in the Russian bond market and, hopefully, will develop even more success next year!" - commented Alexander Sitnikov, Managing Director & Partner of Vegas Lex.

Viktor Yuzefovich, Senior Attorney of the Dispute Resolution Practice of Vegas Lex, noted after the event that the award shows a rather high confidence on the part of the investment community, recognition of the authority and professional competencies of the Firm in the Russian bond market.

Vegas Lex was founded in 1995 and is one of the Top-3 Russian law firms according to the rating of the Firm's Secret magazine issued by the Kommersant Publishing House. The Firm unites over 80 professionals across its three offices in Moscow, Volgograd and Krasnodar, and a number of regional partners.