FOREIGN CURRENCY EXCHANGE RATES AS FIXED BY CENTRAL BANK OF RUSSIA FROM MARCH 12

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MOSCOW, March 11, 2004 (RIA Novosti) - The following rates of exchange of foreign currencies to the rouble of the Russian Federation have been fixed for March 12, 2004:

1 Australian dollar 21.2552 roubles 1 British pound sterling 51.4393 roubles 1,000 Belarussian roubles 13.2560 roubles 10 Danish krone 46.8142 roubles 1 US dollar 28.5726 roubles 1 euro 35.9014 roubles 100 Icelandic krones 40.3511 roubles 100 Kazakh tenge 20.5686 roubles 1 Canadian dollar 21.5155 roubles 10 Norwegian krones 40.1859 roubles 1 unit of conditional drawing rights 41.9686 roubles 1 Singapore dollar 16.6692 roubles 1,000,000 Turkish lira 21.5642 roubles 10 Ukrainian hryvnias 53.0025 roubles 10 Swedish kronas 37.9879 roubles 1 Swiss franc 22.1682 roubles 100 Japanese yen 25.7875 roubles

The foreign currency exchange rates to the rouble of the Russian Federation are fixed for the purposes of accounting and customs duty payments and entail no obligation on the part of the Bank of Russia to buy or sell the currencies according to the above rates.

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