Speakers

William F Browder, Founder & Managing Director
Hermitage Capital Management, Moscow

For the past five years, William Browder has been running Hermitage Capital Management, the leading international asset management firm, which currently manages $400M. Mr. Browder started Hermitage Capital in 1996 in partnership with the late Edmond Safra. In 1996 and 1997, Hermitage Fund was ranked “Best Performing Fund in the World” by Micropal and “Best Russian Fund” by Lipper (1997-1998.) Mr. Browder’s position on corporate governance practices in Russia has made him a leading shareholder rights activist and outspoken fighter for better corporate governance. He serves as a member of the OECD/World Bank roundtable on Corporate Governance in Russia, and often reports on shareholder rights issues to international financial institutions. He was named a Global Leader of Tomorrow at the World Economic Forum in Davos 2001, and is a regular speaker at Bloomberg, CNBC, Euromoney conferences and serves as a Russia expert to FT, Wall Street Journal and New York Times. Prior to starting Hermitage, Mr. Browder was a Vice President at Salomon Brothers where he managed the firm’s proprietary investments in Russia. Before that, he was a management consultant within the East European practice of the Boston Consulting Group in London. He received an MBA from Stanford Business School and a BA in Economics with highest honors from the University of Chicago.

Howard H Cooper, President & Chairman
Teton Petroleum Company

H. Howard Cooper (44) is the President of Teton Petroleum Company. He has got a Bachelor of Arts degree in Finance from the University of Colorado and a Master of Arts from Columbia University in New York. Mr. Cooper formed Teton Petroleum in 1996 and he has got twenty years of international oil experience. Before joining Teton, Mr. Cooper was a partner in developing the Karakuduk field in Kazakhstan, which is currently producing 8,500 barrels of oil per day.

Noreen Doyle, Deputy Vice President, Risk Management
European Bank for Reconstruction and Development

Noreen Doyle is currently Deputy Vice President, Risk Management of the European Bank for Reconstruction and Development and a member of the EBRD's Executive Committee. Ms Doyle is accountable for overseeing credit, market and operational risk of the Bank’s portfolio of assets. In addition, she has responsibility for the cofinancing function for commercial loans and equity investments of the EBRD, and for EBRD relationships with international banks and financial institutions. Ms. Doyle joined the European Bank in March, 1992 as head of syndications, was promoted to chief credit officer of the Bank in 1994 and assumed her present responsibilities in 1997.

Prior to joining EBRD, Ms. Doyle spent eighteen years at Bankers Trust Company in London, New York and Houston. Her last position at Bankers Trust was in London as Managing Director, European loan syndications, responsible for the underwriting and distribution of loans in the European market and for the distribution in Europe of loans originated in the United States and Asia. Prior to the London assignment, she was responsible for four years for the underwriting and distribution of leveraged financings in the United States. Previous assignments included management of natural resources business of Bankers Trust in Houston and New York, and general corporate finance for companies in the Southwestern USA.

Ms. Doyle holds a B.A. degree in mathematics from the College of Mount Saint Vincent in New York, and an M.B.A. degree in finance from the Amos Tuck School of Business Administration, Dartmouth College, New Hampshire. She currently serves on the boards of Budapest Bank in Hungary, BNP/Dresdner Bank (Bulgaria), and the Alliance ScanEast Fund for investments in eastern Europe and the former Soviet Union.. From 1979 through 1989, she served on the Board of Trustees of the College of Mount Saint Vincent, including as its Chair from 1985 to 1989. From 1988 to 1998 she served on the Board of Overseers of the Amos Tuck School.

Sergey V. Generalov, Chairman
The State Duma Supervision over the Investors Rights

Born: 07/09/1963, Simpheropol, URSS
Education/Professional background:
1980-1986: Student, The Moscow Energy Institute, Faculty Radio Engineering.
1986-1989: Engineer, senior engineer, engineer of electronics, The Moscow Energy Institute.
1989-1991: Graduate student of the Moscow Energy Institute.
1991-1992: "Firm TET" - sales manager of the research-and-production enterprise.
1992-1993: The higher School of Administration attached to the State Academy of management.
1992-1993: “NIPEbank”, Deputy Chairman of the Board.
1993: “PROMRADTECHBANK”, chief of one department of organization.
1993-1997: Joints Stock Oil Company “YUKOS”, Executive director in economy and finance, Vice-president in finance and valuable papers.
1997-1998: Bank “MENATEP”, Deputy Chairman of the Board.
1998-1999: Minister of Fuel and Energy Complex of Russian Federation.
1999: Closed Joint-Stock Company " Agency of the investments and development of Fuel and Energy Complex ", Director
Current positions: The State Duma the Federal Assembly of the Russian Federation, Deputy; Member “UNION OF RIGHT POWERS” Faction; Member of inter-faction Deputy association “ENERGY OF RUSSIA”; Deputy Chairman of the Economic policy and Business Committee, Chairman of the Supervision Commission over the Investors Rights.
Honorary Title:
Honorary Employee of the Fuel and Energy Complex.

Andrei Klishas, Chairman of the Board
Norlisk Nickel

Andrei A. Klishas was born in 1972 in the city of Ekaterinburg (Sverdlovsk).
In 1990 – 1993 studied philosophy in Ural State University.
In 1998 was awarded with the bachelor degree in law of Russian Peoples Friendship University.
In 2000 - graduation with honors and degree of the master of law, Russian Peoples Friendship University.
1995 - 1997 – work with the Russian Federal Property Fund.
August 1997 – June 1998 – UNEXIM Bank, Deputy Head of Legal Department.
Starting from June 10, 1998 – INTERROS Holding Company Legal Matters Director.
Since 2001 - Chairman of the Board of Directors of OAO «GMK «Norilsk Nickel».
Member of the Board of AKB ROSBANK. Member of the Board of Directors of RAO "Norilsk Nickel. Also member of the Board of OAO Sidanco.

Kirill Klip, Member of the Board
JSC TransTeleCom

Graduated from St. Petersburg State University of Railways with the specialization "Management", St. Petersburg University of Economics and Finance ("Finance Management and Investment projects Analysis"), Moscow International Business School "MIRBIS" (Moscow) ("Finance and Credit").

He also have been awarded the external degree of Master of Business Administration in finance in Moscow International Business School "MIRBIS" (Moscow) and in London Guildhall University (United Kingdom).

Mr. Klip is a Member of the Board of Directors of JSC "TransTeleCom" and JSC "TransCreditBank"

Paul Leander-Engström, Director
Prosperity Capital Management

Paul Leander-Engström. Director/Fund Manager. MBA Stockholm School of
Economics, Master of Law Degree from the University of Stockholm, studies at the Hautes Études Commerciales (HEC) in Paris. Graduate of the Language and Intelligence Institute of the Swedish Armed Forces, specialising in Russian. Previously partner and co-head of research at Brunswick, Moscow 1993-1996. Consultant with McKinsey &Co. Stockholm and St.Petersburg 1992-1993. With the Swedish Office for Foreign Affairs in Moscow, St.Petersburg and Tallinn (1987-88, 1991). Fluent Russian speaker. Member of the board of directors of Vostok Nafta, a 80 MUSD investment company for investment into Russia. Vostok Nafta is listed on the Stockholm Stock Exchange.

Alexander Lopatin, Deputy General Director
Svyazinvest

Biography to follow shortly.

Bruce K Misamore,
Chief Financial Officer, Member of the Management Committee
YUKOS

Mr. Misamore joined YUKOS in 2001 with over 23 years of prior experience working with large multinational integrated and independent petroleum companies.

Before joining YUKOS, Mr. Misamore was Senior Vice President - Finance and Treasurer at PennzEnergy Company, a large US oil and gas independent. Before that, in his capacity as Vice President - Finance and Treasurer of Pennzoil Company, he was responsible for all finance and treasury activities, strategic planning and a leader of its joint venture financing activities. Prior to joining Pennzoil, Mr. Misamore was with Marathon Oil Company for 17 years where his roles included responsibility for the finance function and international finance including an assignment as Treasurer of Marathon's UK operations and its international oil and gas development/production organization then based in London.

Mr. Misamore has also had experience as an investment manager for pension and personal trust portfolios, has taught finance at the university level, and has acted as a consultant on bank management and investments.

Mr. Misamore received his bachelor's degree in finance from Bowling Green State University in Ohio in 1972, and his master's degree in finance from Bowling Green in 1973.Mr. Misamore was born in 1950 in Findlay, Ohio.

Stephen O’Sullivan, Head of Research
United Financial Group

Stephen O’Sullivan is head of the Research Department and the Oil and Gas team. He has nineteen years of experience in the energy industries, the last nine of which have been focused on Russia.

Mr. O’Sullivan joined UFG in 1998 from MC Securities, where he was head of Research covering the oil, gas and utility sectors in Russia, Ukraine and Eastern Europe. He is a regular speaker at conferences and industry gatherings and has advised a number of major oil companies on investment strategies in Russia.

Mr. O’Sullivan worked for five years as an energy consultant in Russia, Central Asia, the Far East, the Middle East and Southern Africa. His work involved the valuation and privatization of state oil companies in China, South Africa and Israel, as well as economic evaluations of oil and gas investments in Siberia, the Volga-Urals region and Kazakhstan. He spent three years with the French oil company Total on exploration and natural gas activities in Europe and five years with BP as an oil trader, economist and corporate planner on Asia.

Mr. O’Sullivan was ranked the number 2 Emerging Europe oil and gas analyst in 1996, 1997 and 1998, and his research team was rated number 2 in Russia by Institutional Investor in both 2000 and 2001, the number 1 country team in 1997 and number 3 in Emerging Europe in 1996. Since joining UFG, he has been ranked the most influential foreign analyst on the Russian market and the number 3 oil and gas analyst across the Emerging Europe, Middle East and Africa region.

Philip Poole,
Managing Director & Chief Economist, Emerging European Markets
ING Barings

Philip Poole is a Managing Director and Chief Regional Economist at ING Barings. ING Barings research on Eastern Europe and Russia has been recognised as the industry leader, being ranked as the number one research house in surveys by IFR (1995/96), Reuters (1996/97), Global Finance and Global Investor. Mr Poole has been voted number one strategist for the region by Greenwich Associates, Reuters and Global Investor and in 2000 Mr Poole was voted top regional economist in a poll organised by Global Investor.

Mr Poole joined the ING Group in April 1994 to develop a London-based emerging markets research capability. Prior to joining the group, he was senior economist for Eastern Europe, Russia and the Middle East at Barclays/BZW where he worked on a broad range of issues including sovereign analysis, economic and financial modelling of debt deals and privatisation work in Eastern Europe. He sat on the Bank Advisory Committee for the Poland Brady deal, for which he also chaired the economic and technical sub-committees. Before joining Barclays, Mr Poole worked for two years in management consultancy at Arthur Andersen and also spent a two year period in commercial management within the Hanson Trust group.

Konrad J. Reuss, Managing Director - Sovereign Ratings Group, EMEA
Standard & Poor's

Konrad J. Reuss is managing director of Standard & Poor's sovereign ratings group. Based in London, he heads the London team of analysts that evaluate the credit standing of sovereign governments, sovereign-supported issuers, and multilateral lending institutions in Europe, Middle East and Africa.

Prior to joining Standard & Poor's in 1993, Mr. Reuss worked for seven years at Deutsche Bank AG, Frankfurt.

Mr. Reuss holds an M.Sc. (Econ) degree from the University of Wuerzburg, Germany.

Vladimir Resin, First Vice Premier
Moscow City Government

Education: Moscow Ore Institute. Mr. Resin became the Deputy of Premier, Minister of Moscow City Government, Head of building – investment field of the city in 1991.

In 1992 Mr. Resin became the First Deputy of Premier of Moscow City Government, and Head of Moscow perspective development field. He has got a Ph.D. in economy, is a professor and an acting member of Russian Academy of Architecture and Construction Sciences, the Russian Engineering Academy and of 8 other international and Russian Academies. Mr. Resin is the head of a chair of Russian Plekhanov Economy Academy and an author of 30 inventions.

He has been awarded with 21 state honors and has been posted with 6 state rewards.

Konstantin Shapovalenko, President
JSC TransTeleCom

Mr. Shapovalenko has served as President of TransTeleCom (TTC) since 1998. Under his leadership, TTC has become Russia’s premier broadband telecommunications services provider in just two years. Prior to joining TTC, Mr. Shapovalenko was an advisor to the Ministry of Railway Transportation on telecommunications issues. Before joining the Ministry in1990, he co-founded several successful telecommunications ventures, including St. Petersburg Teleport and LEPSS-Conversion. Mr. Shapovalenko brings years of satellite telecommunications experience with the Soviet space industry to his current role in the corporate world. Mr. Shapovalenko holds an MS degree from the Mozhaiski Military Engineering Institute.

In 2001 Mr. Shapovalenko became an Academician of the International Telecommunication Academy.

Vyacheslav Shtyrov, President
ALROSA

Vyacheslav A. Shtyrov was born on May 23, 1953 in the city of Khandyga, Yakutia. Since 1995 he is the President of ALROSA Joint Stock Company (formerly Almazy Rossii-Sakha).

Mr. Shtyrov graduated from the Kuibyshev Far East Polytechnics Institute (Vladivostok) with a degree in construction engineering.

From 1975 to 1986 he worked at the Construction Department of Viluigesstroi in Western Yakutia (the Russian Far North), first as a foreman and then as a vice-president in charge of production for the largest construction company in the North East of Russia.

In July 1996 he graduated from the post-graduate school of the Academy of Social Sciences (three-year program), and received his Ph. D. in Economics.
Prior to being elected ALROSA’s President, Mr. Shtyrov had co-chaired its Supervisory Board.

As ALROSA’s President, Mr. Shtyrov is focusing on facilitating the company’s international relations. Mr. Shtyrov is a member of Russia’s inter-governmental commissions on economic cooperation and a member of Davos Economic Forum (Switzerland).

In April 2000 President of the Russian Federation awarded Mr. Shtyrov with the Honor Award for his input into promoting of international friendship and cooperation.

Mr. Shtyrov has also received the honorary title for his contribution to the Republic of Sakha’s economy.

Konstantin Sidorov, President
RRC Business Telecommunications

Konstantin Sidorov, 34-year-old President of the company, leads the future direction of RRC Business Telecommunications, a company with strong partner relationships and highly skilled and enthusiastic employees. Mr. Sidorov graduated from St. Petersburg Military Space Academy. He established the company in 1992 and since that time RRC has developed into one of the leading value added distributors on the Russian and East European markets.

Mr. Sidorov received a number of awards including Sales Award in 1995 and Man of the Year Award in 1997 sponsored by U.S. Robotics Corporation as well as Top Profi Award in 1998, 1999 and 2000 from International Computer Club.

Viatcheslav Sinyugin, Member of the Management Board, Head of Corporate Strategy Department
RAO UES of Russia

In August 1998 Mr. Sinyugin became Head of Shareholder’s Capital Department. In June 1999 he became the Head of Asset Management Department. In January 2000 the restructuring programme began. At first Mr. Sinyugin was its Project Manager and later in September 2000 he founded Corporate Strategy Department to complete the restructuring project. At present Mr. Sinyugin is organising restructuring process, corporate strategy and fundraising.

Summary of employment:
1998 to present - Member of the board, RAO “UES of Russia”
1997-1998 - Head of regional Branch, Federal Commision of Bonds
1995-1997- Executive manager, Siberia Capital
Management programs attended:
1996 - Finance of Today - New-York Institute of Finance
1997 - Practical Study - Commission of Bonds and Securities (Washington D. C., USA)

Alexei Ulukaev, First Deputy Minister of Finance

Education: Moscow State University (MGU), economy faculty & post-graduate study. Mendez-France University (France) – Ph.D. Author of 5 books and more than 300 economic and political articles.
French and English fluent.
1982-1988 – Moscow Institute of Engineering and Construction, Assistant Professor.
In 1991 started as journalist. Worked as consultant in "Communist" magazine, political commentator in "Moscow News" newspaper.
1991-1992 – Economy Advisor to the Government.
1992-1993 – Head of Group of Advisors to Prime Minister.
1993-1994 – Assistant to First Deputy Prime Minister.
1994-1996 and since 1998 – Deputy Director, Institute for Economic Problems of the Transitional Period, 1996-1998 - Moscow State Duma deputy.
On 30 May 2000 was appointed First Deputy Minister of Finance.

Brian Zimbler, Partner
LeBoeuf, Lamb, Greene & MacRae, L.L.P

Brian Zimbler is a partner in the London and Moscow offices of LeBoeuf Lamb Greene & MacRae, focusing on cross-border corporate and financial transactions. Mr. Zimbler represents US and European companies and investment funds in connection with their investments overseas, with emphasis on emerging markets. His work involves a wide range of industries, including private equity and venture capital, energy, telecommunications, and software and other technology. Mr. Zimbler is featured as one of the “Top M&A Lawyers Worldwide” in the Global Counsel Mergers and Acquisitions Handbook, and is also listed in European Legal Experts 2001.

A substantial part of Mr. Zimbler’s practice focuses on Russia and other countries of the former Soviet Union. Since 1986, he has advised on hundreds of projects in the region, including some of the largest and most successful foreign investments. From 1995 to 2000, Mr. Zimbler served as managing partner of LeBoeuf’s Moscow office, and was a full-time resident in Moscow. He also served as President of the Moscow International Lawyers Group for two years (1996–1998), and has acted as an arbitrator for the International Commercial Arbitration Court of the Russian Federation Chamber of Commerce and Industry, and for NAUFOR, the association of Russian securities brokers and dealers.

Prior to his move to Moscow, Mr. Zimbler was based in San Francisco, California, and practiced corporate law. He is a graduate of Harvard College, Harvard Law School and the Fletcher School of Law and Diplomacy, and is admitted to the bars of California and the District of Columbia (USA). Mr. Zimbler is proficient in French, Russian and Portuguese.