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Foreign Currency Exchange Rates Fixed by Central Bank of Russia - 11 March, 2003

The Central Bank of Russia fixed, effective March 12th, 2003, the following rates of exchange of foreign currencies to the rouble of the Russian Federation:

1 Australian dollar 19.2637 roubles 1 British pound sterling 50.3586 roubles 1,000 Belarussian

roubles 15.8792 roubles 10 Danish krone 46.7361 roubles 1 US dollar 31.5076 roubles 1 EURO 34.7025 roubles 100 Icelandic krones 40.7233 roubles 100 Kazakh tenge 20.8103 roubles 1 Canadian dollar 21.4952 roubles 10 Norwegian krones 43.9473 roubles 1 unit of conditional

drawing rights 43.6232 roubles 1 Singapore dollar 18.1328 roubles 1,000,000 Turkish liras 19.4611 roubles 10 Ukrainian hryvnias 58.8289 roubles 10 Swedish kronas 37.5166 roubles 1 Swiss franc 23.6650 roubles 100 Japanese yen 26.8722 roubles

The foreign currency exchange rates to the rouble of the Russian Federation are fixed for the purposes of accounting and customs duty payments and entail no obligation on the part of the Bank of Russia to buy or sell the currencies according to the above rates.