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19 November 2003 - Russia's committee for reform of the national electricity monopoly RAO Unified Energy Systems of Russia (EESR.RS) will Wednesday discuss the rules for the sale of newly created wholesale generating companies, reports the Vedomosti newspaper.

The committee will consider allowing investors to use both UES shares and cash when buying into the generating companies, the paper quoted a source in the committee as saying.

In Spring, UES management said that investors will only be able to buy into the new generating companies with UES' own shares, which led to a considerable rise in its stock price.

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