Monitoring of the Federal Legislation dated 4.03.2004

Decision of the Federal Commission for Securities Market No. 03-49/ps of December 24, 2003 on the Amendments to the Regulation on the Disclosing of Information by the Issuers of Emission Securities Endorsed by the Decision of the Federal Commission for Securities Market No. 03-32/ps of July 2, 2003

Lists the disclosed information that may affect significantly the cost of securities of a joint-stock issuer who must disclose the information in the form of a quarterly report and reports of significant facts.

The disclosing of the mentioned information must be made by the issuer through its publication in the newsreel no later than 1 day and on the Internet page no later than within 3 days from the moment of occurrence of the appropriate event. Disclosed information must be available on the Internet page for at least 6 months from the date of its publication in the Internet. Besides, this information must be sent by the issuer to the body in charge of registration in writing no later than within 5 days from the moment of occurrence of the mentioned event.

If the disclosed information may affect significantly the cost of securities available in circulation of the trade organiser at the securities market, the issuer may disclose the mentioned information any time before 10:00 of the last day specified for the disclosing of such information. Before the disclosing of such information in the newsreel, the issuer must notify the trade organiser at the securities market of the intention to disclose such information and its content.

Registered in the Ministry of Justice of the Russian Federation on March 2, 2004. Reg. No. 5593.

Order of the State Customs Committee of the Russian Federation No. 203 of February 13, 2004 on the Fixing of the Authority of the Customs Bodies in the Customs Operations for Commodities Sent across the Customs Border of the Russian Federation in International Postal Dispatches

Lists the specialised customs bodies with authority restricted exclusively to the customs operations for commodities sent across the customs border in international postal dispatches (except for the diplomatic mail and the consular pouch).

The Customs Post of the International Terminal of the Southern Moscow Customs Station also enjoys the authority to carry out customs operations for express cargo moved by specialised transportation and forwarding organisations.

Registered in the Ministry of Justice of the Russian Federation on March 2, 2004. Reg. No. 5590.

Order of the Ministry of Internal Affairs of the Russian Federation and the Ministry of Taxation of the Russian Federation No. 76/AS-3-06/37 of January 22, 2004 on the Endorsement of the Normative Legal Acts on the Procedure of Interaction of the Bodies of Internal Affairs and the Tax Bodies in Prevention, Revealing and Stopping the Tax Violations and Crimes

Defines the procedure of arranging and carrying out by the tax bodies involving the bodies of internal affairs of on-site tax checks of taxpayers, payers of the fees, tax agents, the drawing up and implementation of the results of these checks.

Also specifies the procedure of sending by the bodies of internal affairs of materials to the tax bodies in cases of revealed circumstances requiring actions in the sphere of authority of the tax bodies to take a decision on them. Besides, defines the procedure of sending of materials by the tax bodies to the bodies of internal affairs in cases of revealed circumstances permitting to suggest a committed violation of the legislation on taxes and fees with the signs of a crime.

Registered in the Ministry of Justice of the Russian Federation on February 26, 2004. Reg. No. 5588.

Order of the Ministry of Internal Affairs of the Russian Federation and the Ministry of Taxation of the Russian Federation No. 76/AS-3-06/37 of January 22, 2004 on the Endorsement of the Normative Legal Acts on the Procedure of Interaction of the Bodies of Internal Affairs and the Tax Bodies in Prevention, Revealing and Stopping the Tax Violations and Crimes

Defines the procedure of arranging and carrying out by the tax bodies involving the bodies of internal affairs of on-site tax checks of taxpayers, payers of the fees, tax agents, the drawing up and implementation of the results of these checks.

Also specifies the procedure of sending by the bodies of internal affairs of materials to the tax bodies in cases of revealed circumstances requiring actions in the sphere of authority of the tax bodies to take a decision on them. Besides, defines the procedure of sending of materials by the tax bodies to the bodies of internal affairs in cases of revealed circumstances permitting to suggest a committed violation of the legislation on taxes and fees with the signs of a crime.

Registered in the Ministry of Justice of the Russian Federation on February 26, 2004. Reg. No. 5588.