Ukrsotsbank was established in 1990 on the basis of Ukrainian part of “Zhilsotsbank of USSR” and now it is one of the four largest banks in Ukraine in terms of assets and profit with net assets according to the reviewed IFRS financial statements exceeding USD 1.8 billion as of 30.09.05.

The Bank is a universal banking institution with more than 500 branches. Total number of Ukrsotsbank`s customers is nearly 700,000, including almost 600,000 individuals and more than 100 000 corporate customers.

The Ukrsotsbank has been participating in financing programs of “EBRD”, has an outstanding track-record as a borrower of international syndicated loans and in 2005 successfully managed to place its debut issue of 3 year Eurobonds for the aggregate amount of U.S. $100 000 000. In 2006 the Bank further plans to raise funds on the international loan and capital markets.

In 2005 the Bank became the first financial institution in Ukraine to be rated by all three major international credit rating agencies with the following ratings:

Bank’s ratings
Moody’s – B2/NP/E+/stable
Fitch ratings – B-/B/D/5/Positive
S&P – B-/C/Developing
Bank’s Eurobond (LPN) ratings
Moody’s – Ba3
Fitch ratings – B-
S&P – B-

Website: http://usb.com.ua/en/

Calyon Bank Ukraine has the distinction of being the first fully operational foreign bank to set up business in Ukraine back in 1993 as Credit Lyonnais Bank Ukraine, four years before any other foreign bank.

Today, Calyon Bank Ukraine is part of Calyon, the Corporate and Investment Bank of Credit Agricole Group. Calyon is one of the leading European banks that appeared in 2004 as a result of the merger between Credit Agricole Indosuez and Credit Lyonnais’s Financing and Investment Banking business. Calyon enjoys a global coverage (60 countries) and is backed by the financial strength of Credit Agricole S.A. – the first banking group in France and second in the world (from equity standpoint).

Calyon Bank Ukraine is considered as the main reference for international banking in Ukraine thanks to its long-lasting experience on the Ukrainian market and the quality of its well-trained and knowledgeable staff.

Website: www.calyon.com

System Capital Management is the leading Ukrainian financial and industrial company, which owns, manages and controls assets in the metallurgical, machine-building, energy-generating, coal, telecommunication, banking, insurance, media and other industries. SCM's industrial enterprises are among those now powering Ukraine's fast-growing economy.

Founded in 2000, System Capital Management (SCM) is based in Donetsk, Ukraine. It is one of the Europe’s leading industrial holdings and plays a vital role in the economy of Ukraine and Eastern Europe. With over 90 companies under control of our shareholding (including intermediate ownership) and over 160,000 employees, SCM is one of the largest domestic investors in the Ukrainian economy.

Website: www.scm.com.ua

ISTIL (Ukraine): Successful Experience of Foreign Investment

Mini Steel Mill ISTIL (Ukraine) is state-of-the-art Ukrainian steel mill with annual capacity of 1 million tons of liquid steel. It is the first and still the only steel mill in Ukraine with 100% foreign capital. ISTIL Group, the owner of the Mill, has upgraded the facilities of its Electric Arc Furnace shop and Specialty Bar Rolling Mill by investing over USD 100 million.

MINI STEEL MILL ISTIL (Ukraine)
Ulitsa Tkachenko, 122, Donetsk, 83062,Ukraine,
Tel : +38 062 385 04 40
Fax: +38 062 332 24 21
e-mail: istil@istil.com.ua
www.istil.com.ua

PRODUCTION:
SBQ 80-275 mm
Concast square billets 100-150 mm
Concast round billets 120,130,150,180 mm
of carbon, alloyed, bearing and stainless steel grades according to international standards

Credit Suisse
As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 40,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CSR), in New York.

Investment Banking
In its Investment Banking business, Credit Suisse offers securities products and financial advisory services to users and suppliers of capital around the world. Operating in 69 locations across 33 countries, Credit Suisse is active across the full spectrum of financial services products including debt and equity underwriting, sales and trading, mergers and acquisitions, investment research, and correspondent and prime brokerage services.

ING is a leading London-based investment bank specialising in Emerging Markets, particularly in the CIS and Central Europe. The bank specialises in Initial Public Offerings (IPOs) and Eurobonds for companies from the region. ING has offices worldwide including in Almaty, London, New York and Moscow.

Website: www.ingcf.com

Shell is a global group of energy and petrochemical companies, operating in more than 140 countries and territories, employing more than 112,000 people.The aim of the Shell Group is to meet the energy needs of society, in ways that are economically, socially and environmentally viable, now and in the future.

Website: www.shell.com

Transeuro Energy Corp. (TSU.TSX Venture Exchange) is a Canadian based international Oil and Gas Exploration and Development Company poised for significant growth and near term production. Transeuro has a strong corporate commitment to the Ukraine. The company has a full time staff of 40, has initiated a technology transfer program by taking Ukrainian workers to Canada for specialized training and has a major capital expenditure program in 2006 - 2007. Transeuro will have completed its gas treatment plant shortly, with the first sales of gas commencing in the second quarter of 2006.

Website: www.transeuroenergy.com

Universal Capital AG, Zurich, Switzerland
The company was established in 2005 out of a need to consult institutional investors and high net-worth individuals on a variety of investment opportunities in Ukraine and CIS. Rather than being an off-the-shelf product advisor, Universal Capital believes in providing the most appropriate portfolio solution for each investor, given his/her particular investment needs. Being backed by a team of highly experienced analysts in Ukraine, we believe our services may be unique in assisting investors to achieve their investment goals on this rapidly growing market.

As of 01January 2006 VABank had total assets of ca USD 465m and loan portfolio of over USD 242m. Commitment to investment banking positioned VABank as one of the leaders on the Ukrainian bond underwriting market listed in all Top-5 ratings of the bond underwriters. In December 2005, VABank issued its own corporate bonds of total volume UAH 50m.

Moody's Investors Service has assigned to VABank an E+ Financial Strength Rating (FSR), and ratings of B2/NP for long- and short-term foreign currency deposits. All ratings carry stable outlooks.

Website: www.vabank.com.ua

Ernst & Young is a leading worldwide professional services organisation committed to helping business grow. With our thorough knowledge of the regulatory regime, financial and corporate governance requirements and best practices, combined with the extensive experience of working with CIS businesses, we can help you to prepare and manage the process of floating on international exchanges.

Website: www.ey.com

Website: www.dragon-capital.com

Foyil Securities can be reached at:
8 Illynska Street, entrance 2
Kyiv 04070, Ukraine
Phone: +380(44) 537-7575
Fax: +380(44) 537-7574
email: fsne@foyil.com
web: www.foyil.com

Horizon Capital is a private equity fund manager that will originate and manage investments in mid-cap companies with outstanding growth and profit potential in Ukraine and Moldova. Horizon Capital is well positioned to seek a superior rate of return on investments in the region due to our team’s successful track record, experience in the region, impeccable reputation, disciplined investment approach, and broad network of relationships. Horizon Capital’s team currently manages one fund, Western NIS Enterprise Fund, and is raising a second, Emerging Europe Growth Fund.

Website: www.horizoncapital.com.ua

Troika Dialog is the leading investment company established in 1991, its key business activities cover capital markets, investment banking and asset management. The Group comprises head office in Moscow, offices in New York, London and Kyiv.

Website: www.troika.ru

Millennium Capital is a rapidly growing Ukrainian investment bank. The company was established in 2000 and until recently was called MFK. We provide a wide range of services including: corporate finance advisory, institutional stock broking, research, and custody services. The experience and educational background, business reputation and entrepreneurial spirit of Millennium Capital professionals allow us to offer our clients the best financial solutions and to occupy a leading position in the Ukrainian financial market.

Website: www.mcapital.com.ua

Deloitte serves clients throughout Ukraine from its office located in Kyiv. After opening the office in April 1993, our presence in Ukraine has grown considerably both in terms of the number of professionals and the client base. Today, Deloitte Ukraine has over 200 local and expatriate professionals.

Deloitte provides a full range of services to its clients focusing on four disciplines namely Audit, Tax, Consulting and Financial Advisory.

Website: www.deloitte.com.ua

DLA Piper Ukraine LLC

DLA Piper Ukraine LLC is part of DLA Piper Rudnick Gray Cary, a global legal services organization with offices across Europe, Asia, the US and Middle East. With over 3,000 lawyers across 58 offices and 22 countries we provide a broad range of legal services through our global practice groups: corporate, mergers and acquisitions, banking and finance, commercial, projects, energy and utilities; real estate and construction; hospitality; employment law; intellectual property and information technology; litigation and arbitration; tax; customs and currency control. We are relationship driven and designed to meet the ongoing legal needs of our clients, wherever they choose to do business. Please visit our web site www.dlapiper.com to find out more.

Roland Berger Strategy Consultants is one of the world's leading strategy consulting firms, operating with 31 offices in 22 countries. Roland Berger advises major international industry and service enterprises as well as public institutions on all issues of business management – from strategy to new business processes and structures.

Website: www.rolandberger.com

Baker & McKenzie provides sophisticated legal advice to the world’s most dynamic global enterprises, and has done so for more than 50 years.

Active in the USSR and the Commonwealth of Independent States for over 40 years, with offices in Almaty, Baku, Kyiv, Moscow and St. Petersburg, we now have one of the largest legal practices in the CIS, offering expertise (in close cooperation with our offices worldwide) on all aspects of business activities in the region including corporate law, banking and finance, securities and capital markets, venture capital, competition law, tax and customs, real estate and construction, labor and employment, intellectual property, and dispute resolution.

Website: www.bakernet.com

The “Incom” Corporation promotes the competitiveness of its clients and introduces modern communication and information technologies since 1990. The increase of clients’ incomes is realized by expansion of business-possibilities, better cost management, marketing efficiency development, increase of transparency of logistic chainlets, strengthening customer relationship, deep understanding of new market tendencies and necessities.
The Corporation resources allow to carry out projects of any complexity in the information technologies area. Its skilled personnel quantity reaches 1000 persons the vast majority of which are certificated specialists.
The trust of domestic and world companies to “Incom” is founded on successful implementations experience of information technology projects in various industry areas. As a acknowledgement of this the Corporation got the Leader of the Top 100 reward in the area of high technologies which was evaluated by the «Investgazeta» in June a 2005.

Website: www.incom.ua

Magister & Partners is a well-established, reputable and dynamic firm offering a wide range of services, a wealth of international experience, and a qualified legal team.

Our lawyers represent foreign companies conducting business in Ukraine, the CIS region, Western Europe, Asia and the Americas, as well as domestic blue-chip companies, ten of which lead the list of the 'Top 100 Best Companies in Ukraine.'

Website: www.magisters.com

Ukrsibbank founded in June 1990. At the end of 2005 franch bank BNP Paribas became the Ukrsibbank’s strategic partner. UkrSibbank will preserve its development strategy as a universal bank that provides a wide range of financial services for its individual and corporate clients. Consumer loan provision, leasing and insurance businesses will receive an intensive boost. UkrSibbank’s branch network will be increased to 970 outlets.
UkrSibbank is a leading investment bank of Ukraine. The Bank was rated by international rating agencies Fitch Ratings and Moody's Investors Service, Inc.

Website: www.ukrsibbank.com