FOREIGN CURRENCY EXCHANGE RATES AS FIXED BY CENTRAL BANK OF RUSSIA FROM MARCH 1ST

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MOSCOW, March 1st, 2004 (RIA Novosti) - The following rates of exchange of foreign currencies to the rouble of the Russian Federation have been fixed for March 1st, 2004:

1 Australian dollar 22.1371 roubles 1 British pound sterling 53.4222 roubles 1,000 Belarussian roubles 13.2283 roubles 10 Danish krone 47.9586 roubles 1 US dollar 28.5162 roubles 1 euro 35.7593 roubles 100 Icelandic krones 41.2084 roubles 100 Kazakh tenge 20.4959 roubles 1 Canadian dollar 21.3572 roubles 10 Norwegian krones 40.8267 roubles 1 unit of conditional drawing rights 42.2060 roubles 1 Singapore dollar 16.7940 roubles 1,000,000 Turkish lira 21.4973 roubles 10 Ukrainian hryvnias 52.9795 roubles 10 Swedish kronas 38.7080 roubles 1 Swiss franc 22.6823 roubles 100 Japanese yen 26.1185 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.

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