2

1

According to the Central Bank of Russia, non-resident legal entities placed 17% less money (28,294,000 RUR in September compared with 34,265,000 RUR in January) for a term of over three years with UralTransBank in January-September 2006.

Since the beginning of the year, IES Multiutilites have invested over 30m RUR in equipment upgrading, reports the company’s spokesperson. For instance, new gas boilers were installed in the villages of Krystalniy, Novoalexeevskiy, Bitimka, and Verknyaya Tura. Besides, new polyurethane pipes were installed in Nizhnyaya and Verknyaya Turas and Kachkanar, which is estimated to reduce the heat loss by almost 40%.

Utel (aka UralSvyazInfrom), the local telecommunications provider, lost the special domain name it had in MOBI, the public domain designed for mobile phones and wireless devices. The domain (UTEL MOBI) was registered on behalf of the company by OK SUN of Seoul, Korea, on October 9, 2006. OK SUN is now the official proprietor of the name. The registration with MOBI domain started on May 22, 2006; the domain hosts mobile-viewing-friendly sites, that is, small-formatted ones suitable for downloading via a low-speed channel. MOBI is strongly supported by mobile phone makers and mobile operators.

Vysokogorskiy Ore Mining and Processing Enterprise (part of Evraz Group) repaired the railways located near Ploshchadka station. This major transportation junction services all carriages belonging to Russian Railways. During the third quarter of 2006, the company built an additional receiving-departure stub end fit for 45 to 50 wagons and 2 railway slopes with the total length of 800 meters. The technicians are currently busy assembling the aerial contact wire on all the sites. These reconstructions will make it possible to raise the capacity of the station and make the performance of the

Sverdlovsk Gubernskiy Bank gave presents to winners of Debut, Yekaterinburg festival of young authors and artists, on October 25, 2006. Debut has celebrated its tenth anniversary this year, with the ceremony taking place in Yekaterinburg Children’s Theatre. The winners received congratulations from the representatives of the city council, municipal Duma, United Russia (one of the country’s leading political parties), U.S. Consulate General, British Council in Yekaterinburg, local libraries and book publishers, and Ural writers. Five school students won Grand-Prix (Debut-2006). Sverdlovsk

Chelyabinsk Region Distribution, Processing, and Collection of Press JSC is going to hold an extraordinary general meeting on November 16, 2006. The points on the agenda include amendments to the company’s Charter and to the Provision on the General shareholder meeting as well as Provision on the Board of Directors and RosPechat, their executive body.

The Federal Court of Central District of Chelyabinsk returned the verdict of guilty concerning the client who had performed a large-scale fraud against a bank called National Factoring Company Ltd. According to the Bank’s spokesperson, Mr G. Yu. Nesterov, the director and co-founder of UralElectroComplect Ltd., provided the bank with falsified data on the alleged deliveries to consumers in order to obtain money via factoring operations. To hide his crimes and avoid responsibility, Mr Nesterov resigned and sold his shares in the company’s authorized capital to a straw person. Yet thanks to the

Maintenance Director of Ural and Volga Interregional Network Company Eduard Shapochkin awarded ChelyabEnergo, the local heat and electricity provider, with certificate of preparedness for fall and winter today. This is an official proof of the fact that the company is ready for winter. Getting the certificate is seen as a kind of an annual exam aimed at estimating the quality of repair campaign. This year, it was preceded by a lot of serious work that was divided into two stages. First, committees made up of experts from Ural and Volga Interregional Network Company, local experts, and