Investor Presentaiton

Official Responses 7 of July 2000 Head of Nature Resource Committee of the Primorsky regional Administration Mr.Stomatyuk: "There are no problems with illegal logging in the region. Less then 1% of total amount is logged illegally..." GREENPEACE 10 of July 2000 RUSSIA Primorsky nature protecting prosecutor's office has finished special investigation on legality of logging operations in the region. As a result prosecutor's office ordered Prymorsky regional forestry department to suspend about 80% of forest lease agreements and stop all logging permissions for these companies. The Russian Far East

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