FOREIGN CURRENCY EXCHANGE RATES AS FIXED BY CENTRAL BANK OF RUSSIA FROM JANUARY 27

MOSCOW, January 26, 2004 (RIA Novosti) - The following rates of exchange of foreign currencies to the rouble of the Russian Federation have been fixed for January 27, 2004:

1 Australian dollar 21.9934 roubles 1 British pound sterling 51.9260 roubles 1,000 Belarussian roubles 13.1878 roubles 10 Danish krone 47.9550 roubles 1 US dollar 28.4963 roubles 1 euro 35.7429 roubles 100 Icelandic krones 41.3950 roubles 100 Kazakh tenge 20.4076 roubles 1 Canadian dollar 21.6966 roubles 10 Norwegian krones 41.4884 roubles 1 unit of conditional drawing rights 42.7385 roubles 1 Singapore dollar 16.7892 roubles 1,000,000 Turkish lira 21.4177 roubles 10 Ukrainian hryvnias 52.7797 roubles 10 Swedish kronas 38.9837 roubles 1 Swiss franc 22.8574 roubles 100 Japanese yen 26.8251 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.