$BEFORE_TIT2Management$AFTER_TIT2

<table width=100% border=0 cellpadding=10 class=def>
<tr valign=top bgcolor=#EEEEEE>
<td align=right width=50%><B>Managing Director</B></td>
<td width=50%>Alexander Garmashov</td>
</tr>

<tr valign=top>
<td align=right width=50%><B>Deputy Director</B></td>
<td width=50%>Igor Gorkov</td>
</tr>

<tr valign=top>
<td align=right width=50%><B>Financial Director</B></td>
<td width=50%>Marina Stepanova</td>
</tr>

<tr valign=top>
<td align=right width=50%><B>Director of Moscow branch</B></td>
<td width=50%>Valentin Starodub</td>
</tr>

<tr valign=top>
<td align=right width=50%><B>Products Department Director</B></td>
<td width=50%>Andrey Bachurin</td>
</tr>


<tr valign=top>
<td align=right width=50%><B>Marketing Director</B></td>
<td width=50%>Lev Dich</td>
</tr>

<tr valign=bottom>
<td align=right width=50%><B>Director of<br />Technical Support Department</B></td>
<td width=50%>Alexander Inchenkov</td>
</tr>

<tr valign=top>
<td align=right width=50%><B>Administrative Director</B></td>
<td width=50%>Valery Kirillov</td>
</tr>

<tr valign=top>
<td align=right width=50%><B>Director of Wireline Department</B></td>
<td width=50%>Aleksey Timofeev</td>
</tr>

<tr valign=top>
<td align=right width=50%><B>New technology Director</B></td>
<td width=50%>Maxim Samsonov</td>
</tr>

<tr valign=top>
<td align=right width=50%><B>IT Department Director</B></td>
<td width=50%>Dmitry Gatchko</td>
</tr>


</table>
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