Prescribed Information, Warnings and Exceptions

General funds of the bank management

Open Joint Stock Company Commercial Bank Petrocommerce (hereinafter referred to as the OJSC Bank Petrocommerce, the Trustee).

License of a professional securities market participant No.177-05429-001000 of July 19, 2001 for carrying out securities management activities, issued by the Federal Securities Market Commission.

The general terms and conditions governing establishment of and fiduciary management of assets of the general funds of the bank management "Petrocommerce — Shares", "Petrocommerce — Bonds", and "Petrocommerce — Corporate" managed by OJSC Bank Petrocommerce provide for a commission charged for withdrawal of assets. Please note that payment of the foregoing commission results in a decreased return on investments into the general funds of the bank management.

The value of nominal units may go up and down, investment history does not guarantee future return on investments, and the state does not guarantee return on investments into investment funds. Prior to deciding on investments one should thoroughly review the general terms and conditions governing establishment and management of the general funds of the bank management.

For detailed information on OCJS Bank Pertorcommerce's activities and the general funds of the bank management, including the texts of the general terms and conditions, as well as information on selling outlets, please contact us at: 127051, Moscow, Petrovka str. 24, bld. 1, phone: (495) 411-88-88 (if in Moscow), 8 (800) 100-55-77 (free calls from Russian regions), or e-mail us at: ofbu@pkb.ru, or go to OCJS Bank Petrocommerce's web-site: www.pkb.ru.

Individual Trust Management

Open Joint Stock Company Commercial Bank Petrocommerce (hereinafter referred to as the OJSC Bank Petrocommerce, the Trustee). License of a professional securities market participant No.177-05429-001000 of July 19, 2001 for carrying out securities management activities issued by the Federal Securities Market Commission.

All and any arrangements and material terms and conditions shall be executed in form of an individual trust management agreement, governing relations between the Trustee and the Customer. The Trustee's past performance in terms of the securities management does not guarantee the trustor's future profitability. Make sure that you have thoroughly reviewed and read the agreement prior to deciding on investments.

For detailed information on OJSC Bank Petrocommerce's operations and individual trust management services please contact us at: 127051, Moscow, Petrovka str. 24, bld. 1, phone: (495) 411-88-88 (if you are in Moscow), 8 (800) 100-55-77 (free calls from Russian regions), or e-mail us at: idu@pkb.ru, or go to OCJS Bank Petrocommerce's web-site: www.pkb.ru.