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has been a Director of our company since July 2001. Mr. Fridman currently serves as Chairman of the Board of Directors of Alfa Group as well as Chairman of the Boards of Directors of Alfa Bank and OJSC TNK. Mr. Fridman also serves as a member of the Board of Directors of CJSC Trade House Perekriostok. Since 1989 Mr. Fridman has taken an active role in managing the Alfa Group which includes Alfa Finance Holdings S.A. (Alfa Bank Alfa Capital Holdings Limited and Medpoint Limited) Alfa Eco Telecom (Altimo) and CJSC Trade House Perekriostok. In 1988 Mr. Fridman co-founded the Alfa-Foto cooperative. From 1986 until 1988 Mr. Fridman served as an engineer at Elektrostal metallurgical works. Mr. Fridman graduated with honors from the Faculty of Non-Ferrous Metals of the Moscow Institute of Steel and Alloys.
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