Bank finally gets order to lift sanction on 4.5% of YUKOS stock

The order of the general prosecutor to lift the arrest on 4.5% of YUKOS stock was delivered yesterday to Trast bank. Yury Kotler, press chief for Menatep, told Rosbalt: 'The office of the general prosecutor announced the unfreezing of these shares 10 days ago, but the actual order lifting the arrest was not delivered to Trast. Only after our insistent requests for an explanation did they bring the order to release the shares.' Kotler said 39.5% of YUKOS shares remain under arrest.

On October 30, 2003, the general prosecutor of the Russian Federation ordered the arrest of 44.1% of the shares of YUKOS as a guarantee of payment for possible damages. The shares are owned by Halley Enterprises и Yukos Universal Limited and are kept at Trast bank.