ISSUER FREE WRITING PROSPECTUS

 

Filed Pursuant to Rule 433

Dated May 24, 2011

 

Relating to Preliminary Prospectus dated May 9, 2011

 

 

Registration No. 333-173766

 

Yandex N.V.

 

$1,304,352,200

52,174,088 Class A Ordinary Shares

 

Issuer:

 

Yandex N.V.

 

 

 

Symbol:

 

YNDX (NASDAQ)

 

 

 

Gross Proceeds:

 

$1,304,352,200

 

 

 

Shares offered by the company:

 

15,400,000 Class A ordinary shares

 

 

 

Shares offered by the selling stockholders:

 

36,774,088 Class A ordinary shares

 

 

 

Over allotment offered by the company:

 

1,540,000 Class A ordinary shares

 

 

 

Over allotment offered by the selling stockholders:

 

3,677,405 Class A ordinary shares

 

 

 

Price to public:

 

$25.00 per share

 

 

 

Trade date:

 

May 24, 2011

 

 

 

Closing date:

 

May 27, 2011

 

 

 

CUSIP No.:

 

N97284108

 

 

 

Bookrunners:

 

Morgan Stanley & Co. Incorporated

Deutsche Bank Securities Inc.

Goldman, Sachs & Co.

 

 

 

Co-Managers:

 

Piper Jaffray & Co.

Pacific Crest Securities LLC

 



 

This communication shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there by any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

 

Copies of the final prospectus relating to the common shares offered in this offering may be obtained by contacting Morgan Stanley & Co. Incorporated, c/o Prospectus Department, 180 Varick Street 2/F, New York, NY 10014 or by email at prospectus@morganstanley.com.