MTS Finland, a division of MTS Associated Markets SA, has been established for the purpose of trading Finnish Sovereign Securities.

MTS Associated Markets SA/NV, operates under the supervision of the Banking and Finance Commission and of the Securities Regulation Fund.

A specific Market Committee governs MTS Finland. Members of the Market Committee are the Primary Dealers of the Finnish State, the Finnish State Treasury and MTS SpA.

Shares in MTS Associated markets SA/NV are held by the list of banks mentioned under the item ' Shareholders Institutions', by MTS S.p.A. and the Kingdom of Belgium.

A Board of Directors, elected by the shareholders, governs Associated Markets SA/NV.