| Unofficial Translation

www.izvestia.ru
Top 100 Presented
April 2, 2003
Page 5
Today in London Integrated Marketing Solutions/Interactive Research Group
is presenting the results of their study, "Top 100 Emerging Companies
of the Russian Consumer Market." Yesterday the report was presented
at the Izvestiya media center. According to the chairman of the IRG Board
of Directors, Greg Thain, the research reveals some of the most exciting
and potentially rewarding investment opportunities in Russia in the coming
decade. Comstar, Gloria Jeans, Daria, Gotek, Ochakovo, Bistroff and other
no less famous companies made the "Top 100." Evgeniy Gavrilenkov,
the chief economist of Troika Dialog, said that consumer demand in Russia
is on the rise as real incomes increase. The analysts forecast the Russian
consumer companies to have an average sales growth of 25 percent in 2003.
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