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  02 Jun 2004  S&P ASSIGNS UFA`S SR UNSCD BOND `RUA-` NATL SCALE RTG
  02 Jun 2004  Russia hopes for further credit rating upgrade - PM
  02 Jun 2004  S&P assigns Ufa`s Sr Unscd Bond `ruA-` Natl Scale Rtg
  31 May 2004  SIBNEFT CREDITWATCH IMPLICATIONS REVISED TO NEG
  31 May 2004  Sibneft CreditWatch implications revised to neg
  28 May 2004  INTERFAX RATING AGENCY CONFIRMS A1 (RUS) LT RATING OF RUSSIAN
  27 May 2004  Fitch upgrades Promsvyazbank to `B`
  24 May 2004  INTERFAX RATING AGENCY AFFIRMS CITY OF MOSCOW`S AA1 (RUS) LT RATING
  21 May 2004  Eurobond price growth continues Friday
  19 May 2004  INTERFAX RATING AGENCY IN ASSOCIATION WITH OF MOODY`S INVESTORS SERVICE
  18 May 2004  Moody`s rates Moscow Municipal Bank
  17 May 2004  Fitch assigns `BB` rating to Bank Of Moscow
  14 May 2004  S&P revises outlook on IIB to positive
  14 May 2004  S&P REVISES OUTLOOK ON IIB TO POSITIVE
  13 May 2004  FITCH ASSIGNS NATIONAL RATINGS TO 13 RUSSIAN BANKS
  13 May 2004  S&P HOPES TO SEE FASTER REFORMS IN RUSSIA
  13 May 2004  S&P hopes to see faster reforms in Russia
  13 May 2004  Ingosstrakh rated `BB`, outlook stable
  13 May 2004  NWTelecom outlook revised to positive
  13 May 2004  Fitch assigns National ratings to 13 Russian banks

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