Press Release

PENNSYLVANIA-RUSSIA BUSINESS COUNCIL ANNOUNCES UPCOMING BUSINESS OPPORTUNITY FAIR

GLADWYNE, PENNSYLVANIA, April 9, 1997 - The Pennsylvania-Russia Business Council would like to announce the 2nd Pennsylvania-Russia Business Opportunity Fair, to be held on June 9, 1997, at the Ramada Inn - Philadelphia International Airport.

This year's Fair provides excellent opportunity to:

• Explore new business potential in the emerging Russian/Newly Independent States markets.

• Meet and network with Russian/NIS businessmen visiting the Fair.

• Learn directly from American executives active in the Russian/NIS markets about their experiences in these markets.

Speaker presentations will address several key areas of business concern, including the Russian legal and financial systems, transportation and distribution, insurance, and investment guarantees. Panel discussions will concentrate on the following areas of opportunity: agriculture, food processing, packaging equipment, telecommunications, computers and cutting edge technology, and the medical and pharmaceutical industries. Furthermore, this year's Fair will provide an arena for several "hot topics," such as American Depository Receipts for Investment in Russian Enterprises, an Agriculture Center for Russia/NIS in Pennsylvania, and the Russian Technology Center Project.

The list of distinguished speakers includes:

• Representatives of the U.S. Department of Commerce, Pennsylvania Department of Commerce, Pennsylvania Department of Agriculture and other federal and state agencies.

• The Deputy Trade Representative of the Russian Federation in the United States of America.

• The Agriculture Attaché from the American Embassy in Moscow.

• Senior executives of leading Pennsylvanian and American companies involved in Russia.

• Members of the Federal and Pennsylvania State Legislatures.

Founded in 1995, the Pennsylvania-Russia Business Council cultivates economic and cultural partnerships between Russia and Pennsylvania and assists mid-Atlantic companies seeking to explore and enter the expanding Russian market. Providing networking opportunities and acting as a clearinghouse for business information in Russia, the PRBC is a "home base" for those who want to conduct business in Russia and need the knowledge and understanding of legal, financial, and other business protocols to be successful.

For registration and additional information, please contact Val Kogan, President of the PRBC, at (610) 896-9954 or fax your request to (610) 896-9950. In addition, our home page can be accessed at http://www.pitt.edu/~mapst57/prbc/