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© UniCredit Aton International Limited, 2004-2008. All Rights Reserved.

The documents posted on this website were prepared by UniCredit Aton International Limited.

Unauthorized distribution, copying, and alteration of the materials of the site, in full or in part, are forbidden without written permit of UniCredit Aton International Limited.

Information of the site was prepared by employees of UniCredit Aton International Limited. and is intended exclusively for the clients of the company. Though UniCredit Aton International Limited. applied significant efforts for information to be maximally useful and objective, UniCredit Aton International Limited. does not claim it is complete and fully reliable.

Information contained in the materials of the site, except for legally used information which sources are specified separately, exclusively belongs to private judgments of the experts, is of reference and auxiliary nature and shall not be viewed as the result of appraisals in respect to any objects. Any investments in the objects mentioned on the site may be related to significant risks, appear inefficient or unacceptable for this or that category of investors. The Information does not provide individually tailored/ personal investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. The securities discussed in this report may not be suitable for all investors. For making a decision on investing in any securities or other financial instruments mentioned in the materials of the site it is necessary to possess significant knowledge and experience in financial matters, in the issues of evaluation of advantages and risks related to investments in this or that financial instrument. The value of and income from your investments may vary because of changes in interest rates, tax rates or foreign exchange rates, securities prices or market indexes, operational or financial conditions of companies or other factors. Past performance is not necessarily a guide to future performance. Estimates of future performance are based on assumptions that may not be realized. The value of any investment or income may go down as well as up and you may not get back the full amount invested. Neither UniCredit Aton International Limited nor any of its representatives or employees shall be liable for any losses in connection with the use of the materials of the site in practical activities likewise for reliability of any information contained in the materials from external sources and legally placed on the site, and any consequences of using such information.

UniCredit Aton International Limited can provide financial services, on the basis of the license issued by Cyprus Securities and Exchange Commission, and has a right to render other services accompanying the above activities. The research materials are provided by UniCredit Aton International Limited to its clients within the framework of financial services and are not an independent activity of the company.

In turn, any companies mentioned in the materials of the site can provide UniCredit Aton International Limited with financial services according to the existing legislation of the Republic of Cyprus.

UniCredit Aton International Limited its affiliates and/or their officers, directors, employees, research analysts or any members of their household, have small positions in securities mentioned in this document (or in any related investment), and may from time to time add to or dispose of any such securities (or investments) and/or have any other interest in such securities.

Information on investment objects contained in the materials of the site is of no recommendation significance for the purposes of operations in the markets of financial services or similar purposes and equally shall not be used as admissible evidence in dispute settlement in judicial and extrajudicial procedures.

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