COMPANY NEWS.

1. PROGRAM OF UNDERGROUND NUCLEAR POWER STATION CONSTRUCTION DEVISED.
2. A US $ 30 MLN CREDIT FROM JAPANESE PARTNERS TO THE JOINT STOCK COMPANY
   DALLESPROM.
3. DEFENSE INDUSTRIES' OUTPUT FELL 40.1 PER CENT.
4. MOST RUSSIAN INDUSTRIAL ENTERPRISES AND RESEARCH INSTITUTES ARE HAVING TEN
   DAY LONG NEW YEAR VACATION and will resume work on January 10th 1995 only.
5. DIAMOND PRODUCTION.
6. ST.PETERSBURG JOINT STOCK COMPANY LOMO GOT THREE PRIZES FROM INTERNATIONAL
   ORGANIZATIONS IN 1994.
7. NEW AIR PLANE DESIGNED AT THE CONCERN LENINETS (ST.PETERSBURG).