KIEV, Aug. 20 – The XXI Century development company (Kiev) has decided to redeem three-year Guaranteed Secured Notes) worth $150 million and 1,500 warrants, each of which allows to acquire 4,000 common shares of the company, ahead of schedule on Aug. 25, the company has announced at the London Stock Exchange.

The bonds will be redeemed at the face value including interest, and the warrants will be annulled on Aug. 25, 2008.