Russian Aluminium Magnate, Michael Cherney, and Key Witness Against Him in Spanish Court Case, Jalol Khaydarov, Seen Together in Tel Aviv, Reports the Izrus News Service

TEL AVIV, Israel, February 4, 2011 - Michael Cherney and Jalol Khaydarov have been witnessed talking together
amicably in the Tel Aviv Hilton on 23 January 2011, despite Khaydarov's
involvement in a Spanish court case against Cherney, reports deputy editor of
Russian-Israeli news website, Izrus.

The "warm exchange" witnessed by Izrus deputy editor, Alexander
Goldenshteyn, ended with a friendly handshake after over an hour of cordial
conversation. The exchange between the two men comes in light of Khaydarov's
allegations published in Palabra de Vor: Las mafias rusas en Espana, in which
Khaydarov alleges that Cherney personally threatened his life. Khaydarov has
also made this claim to reporters from Spanish newspaper ABC, and has also
accused Cherney of being part of the Russian mafia, heading the Izmailovo
Crime group with Oleg Deripaska and Iskander Makhmudov. Cherney has always
denied all the claims made against him.

In 2008, the Swiss Supreme Court ruled that all suspicions against
Cherney were unfounded, following a ten year investigation by the Swiss
Attorney's office into Cherney's alleged links with organised crime. In May
2010, a Swiss court awarded Cherney substantial compensation for the lengthy
investigation. The State Court of Delaware also rejected a claim made by
Khaydarov against Cherney in November 2004.

The claim against Cherney by the Spanish Attorney General's office is
that Cherney acquired property in Catalonia with dirty money. The allegation
is based entirely on Khaydarov's testimony, and there are now serious
questions about the reliability of Khaydarov's allegations of threats made
against his life by Cherney, following his and Cherney's friendly
conversation in Tel Aviv.

Israeli reporters have since contacted Michael Cherney's lawyers in
Israel and confirmed the meeting between Cherney and Khaydarov, adding that
Mr. Khaydarov had been seeking a meeting with Mr. Cherney for some time.

Contact: media at russiannewsonline.com