UEN Urals EN.

RNS Number:9897K
Morgan Stanley Securities Limited
03 January 2008





                                                                  3 January 2008



The London Stock Exchange
10 Paternoster Square
London, EC4M 7LS


Dear Sirs


End of Stabilisation: Urals Energy Public Company Limited - offering of up to
32,857,000 Ordinary shares with par value of 0.0025 Cyprus Pounds plus
over-allotment option of up to 1,643,000 additional shares


Subsequent to the stabilisation notice published on 5 December 2007 in
connection with the offer of Urals Energy Public Company Limited Ordinary
Shares, Morgan Stanley & Co. International Plc as stabilisation manager hereby
announces that the stabilisation period regarding the securities detailed below,
which commenced on 5 December 2007, has now ended.


ISIN Codes:
CY0000111027
No stabilisation trades were executed during the stabilisation period by Morgan
Stanley & Co. International Plc.



This announcement may not be distributed, directly or indirectly, in or into the
United States, Canada, Australia or Japan.

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of Urals Energy Public Company Limited in any jurisdiction.

The global offer and the distribution of this announcement and other information
in connection with the global offer in certain jurisdictions may be restricted
by law and persons into whose possession any document or other information
referred to herein comes should inform themselves about and observe any such
restriction. Any failure to comply with these restrictions may constitute a
violation of the securities laws of any such jurisdiction.



This announcement is not an offer of securities for sale into the United States.
The securities have not been, and will not be, registered under the U.S.
Securities Act of 1933 and may not be offered or sold in the United States
absent registration or an exemption from registration.  There will be no public
offer of securities in the United States.



MORGAN STANLEY SECURITIES LIMITED




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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