Roza Khutor Developing Company, established byInterros, has chosen German-Austrian ILF Consulting Engineers asprime designer for the skiing resort project.

OJSC Norilsk Taimyr Energy Company (OJSC NTEC), which will bring together the existing energy assets ofRAO UES Russia and MMC Norilsk Nickel inthe Norilsk Industrial Region will beestablished inApril 2005and will start towork inJuly-August ofthis year.

Mining and Metallurgical Company (MMC) Norilsk Nickel announces 2004preliminary production figures.

Mr. Batekhin will beresponsible for INTERROS investment portfolio inhigh technologies sphere.