Investments: Russia - UK

Investor Relations Business Meeting at the British Embassy in Moscow

MOSCOW, February 8 - On 3 February, 2010, UK Trade & Investment hosted the
inaugural Investor Relations Business Meeting at the British Embassy in
Moscow. The event was organised by UK Trade & Investment and PR Newswire
Europe in partnership with Finance & Investment Markets Players Club (KIFIR).

The event was opened by Fiona Kushvid, Second Secretary
Commercial, Team Leader Financial and Legal Services at the British Embassy
in Moscow. Fiona highlighted the main aim of the event - building a bridge
between Russian and British business, and the Embassy's role - to facilitate
links between our two countries.

Alexandre Bykov (PR Newswire Europe) supported Fiona's speech,
highlighting the importance of developing strong and transparent business in
Russia.

The discussions were led by a series of expert speakers. Mark Hynes,
Transparency Matters Ltd (www.transparencymatters.co.uk), shared his
knowledge on how to attract foreign investors in competitive international
market conditions.

President of Russian Regional banks Association, Anatoly
Aksakov, said that the new 2010 legislations to protect investor rights will
improve Russia's investment climate. In particular he mentioned new laws on
insider trading, clearing systems, exchanges, securitization and financial
dealings markets.

The Head of External Relations for Petropavlovsk Plc., Alya
Samokhvalova, described the difficulties, which are faced by those attracting
foreign investment into Russian entities.

Another prominent speaker was Mikhail Matovnikov, MD of
Interfax Business services.

Also, the meeting was attended by representatives of the St.
Petersburg International Economic Forum who invited investors from all around
the world, especially from the UK, to SPIEF-2010 on June 17-19, 2010
(www.forumspb.com).

The format of the event was very popular with participants:
Boris Moshkovich, ABM Partner (www.abm-partner.ru) said that he had a
chance to meet key IR experts, Media and Russian government officials.

This Business Meeting is the first in what the organisers hope
could become a series of events with the theme of Investor Relations.

Photo gallery from the event: www.kifir.info/photo/3-feb-2010/

Main Partner: Petropavlovsk Plc. (www.petropavlovsk.net)

Media Partner: Business Magazine "Finance." (www.finansmag.ru);

Partner: Vinopolis (www.vinopolis.ru)

Contacts: - Kasevin, Club KIFIR Chairman, +7-963-716-5837, kasevin at kifir.info; - Alina Syunkova, Communications Officer / Event Manager, Press & Public Affairs Section at the British Embassy in Moscow: Alina.Syunkova at fco.gov.uk (for Press and Media inquiries)