SECURITIES PROSPECTUS

Results of the most recent revaluation of fixed assets and fixed assets under long-termlease as from the date of state registration of the Issuer if the issuer has operated for less than5 years, including the date of revaluation, full and replacement book value (net ofdepreciation) of fixed assets before revaluation and full and replacement book value (net ofdepreciation) of fixed assets after revaluation. The above-mentioned information is providedfor fixed asset groups.The results of fixed asset revaluation are not specified herein since fixed assets were notrevalued.Information concerning plans for the acquisition, replacement, retirement of fixedassets accounting for 10 percent or more of the issuer’s fixed asset value and other fixedassets at the issuer’s discretionIt is not planned to purchase, replace or dispose of fixed assets accounting for 10 percent ormore of the issuer’s fixed asset value.Information concerning all evidence of encumbrance of the issuer’s fixed assets as ofthe date of approval of the securities prospectus.The issuer entered into lease agreement No. 79-46/A-22 of December 19, 2006, for theissuer’s stake of 24/100 in the building located at: Nizhni Novgorod, bulvar Mira, 14. Thecounterparty is OAO Engineering Center. The agreement was extended by the unnumberedsupplementary agreement of February 29, 2008. Lease will expire on May 31, 2010.123