CONTENTS

1. GENERAL PROVISIONS

2. GOALS AND ACTIVITIES OF THE EXCHANGE

3. CHARTER CAPITAL AND SHARES

4. OWNERS -MEMBERS

5. GENERAL MEETING OF MEMBER-SHAREHOLDERS

6. SUPERVISORY BOARD

7. DIRECTORS

8. SETTLEMENT OF PROPERTY DISPUTES ARISEN ON THE EXCHANGE

9. ADVISORY BOARD

10. REVENUES

11. REORGANIZATION AND LIQUIDATION