COMPANY NEWS

1. ONE MORE TOBACCO FACTORY, THE CORPORATION "PHILIP MORRIS NEVA", HAS BEEN
   CREATED IN ST.PETERSBURG BY THE AMERICAN CORPORATION AND THE PLANT "NEVA".
2. THE DEMAND FOR TURBINES OF THE CORPORATION "LENINGRADSKY METALLICHESKIY
   ZAVOD" IS GROWING.
3. US WEST MADE A DECISION TO INVEST IN PRIBAIKAL'E.
4. THE CORPORATION "KIROVSKY ZAVOD" (KIROV PLANT) INTENDS TO GIVE A PART OF
   ITS SPACE TO THE AMERICAN FIRM "GENERAL ELECTRIC" FOR ASSEMBLING AND
   TESTING GAS TURBINS.
5. "KIROVSKY ZAVOD" STOPS ITS CONVEYOR AGAIN.
6. "GAZ": A 1.5 TON-TRUCK IS ON THE CONVEYOR AGAIN.
7. THE LARGEST IN EUROPE WORKS PRODUCING SYNTHETIC DETERGENTS - THE
   CORPORATION "NOVOMOSCOVSKBYTKHIM" BECAME A BONE OF CONTENTION BETWEEN THE
   MOSCOW FIRM "ALFA-CAPITAL" AND THE AMERICAN COMPANY "PROCTER & GAMBLE".