COMPANY NEWS.

1. THE BOARD OF DIRECTORS OF THE US EXPORT-IMPORT BANK GAVE US $ 60 MILLION
   CREDIT TO THE RUSSIAN JOINT STOCK COMPANY YAROSLAVLNEFTEORGSINTEZ.
2. PROFITABLE PROJECT LAUNCHED BY THE RUSSIAN MILITARY INDUSTRY.
3. GENERAL ELECTRIC SET UP A JOINT VENTURE WITH KIROVSKY ZAVOD OF ST.PETERSBURG
4. JOINT VENTURE SET UP BY KAMAZ AND SAXONIAN COMPANIES.
5. UNION OF RUSSIAN OIL EXPORTERS ESTABLISHED.
6. SHANNON AIRPORT (IRELAND) WILL BECOME AEROFLOT'S LARGEST TRANSPORTATION
   OPERATION JUNCTION OUTSIDE RUSSIA.