FOREIGN CURRENCY EXCHANGE RATES AS FIXED BY CENTRAL BANK OF RUSSIA FROM MARCH 17

MOSCOW, March 16, 2004 (RIA Novosti) - The following rates of exchange of foreign currencies to the rouble of the Russian Federation have been fixed for March 17, 2004:

1 Australian dollar 21.0704 roubles 1 British pound sterling 51.5983 roubles 1,000 Belarussian roubles 13.2353 roubles 10 Danish krone 47.0947 roubles 1 US dollar 28.5121 roubles 1 euro 35.1127 roubles 100 Icelandic krones 40.5520 roubles 100 Kazakh tenge 20.4647 roubles 1 Canadian dollar 21.3910 roubles 10 Norwegian krones 41.3524 roubles 1 unit of conditional drawing rights 41.8449 roubles 1 Singapore dollar 16.7197 roubles 1,000,000 Turkish lira 21.6246 roubles 10 Ukrainian hryvnias 52.9050 roubles 10 Swedish kronas 37.9150 roubles 1 Swiss franc 22.4205 roubles 100 Japanese yen 25.9957 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.