Ministry of Finance of Ukraine's commentary on the public announcement by Finance Minister Siluanov of the Russian Federation

2/16/16

Following the public announcement yesterday by Finance Minister Siluanov of the Russian Federation, the Ministry of Finance of Ukraine acknowledges the formal commencement by The Law Debenture Trust Corporation PLC, the Trustee under the December 2015 Eurobonds, of proceedings before the English High Court of Justice. Ukraine intends and is fully prepared vigorously to defend its interests in respect of the December 2015 Eurobonds before the English Court.

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