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<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>Dear AIBEcers:</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Please register for classes early so that class
materials can be prepared.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Thanks,</FONT></DIV>
<DIV><FONT face=Arial size=2>Art Franczek</FONT></DIV>
<DIV style="FONT: 10pt arial"><BR> </DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV style="FONT: 10pt arial">
<DIV> </DIV></DIV>
<DIV><BR> </DIV>
<DIV><FONT face=Arial size=2> Dear AIBEcers:</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>AIBEc's office will be open on Aug 28th for
registration for the Fall 2006 semester. Also you can register by sending an
e-mail to Lilia at <A href="mailto:lili_n@it-center.ru">lili_n@it-center.ru</A>.
lILIA'S NEW MOBILE # IS 7988572</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Yours truly,</FONT></DIV>
<DIV><FONT face=Arial size=2>Art Franczek</FONT></DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>Dear AIBEcers:</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>AIBEc's office wiil be closed from Aug 21 to Aug
25th for summer vacation. AIBEc's office will be open on Aug. 28th. ALSO
PLEASE NOTE SOME CHANGES TO THE FALL SCHEDULE. MARIAN DENT WILL BE TEACHING
INTERNATIONAL TRANSACTIONS ON THURSDAYS AND PLEASE NOTE THE NEW COURSE
DESCRIPTION OF DR. MIKHAILOVA'S COURSE THAT IS SCHEDULED FOR
FRIDAY'S.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>YOURS TRULY,</FONT></DIV>
<DIV><FONT face=Arial size=2>ART FRANCZEK</FONT></DIV>
<DIV> </DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>Dear AIBEcers:</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Please note the updated information
on Ekaterina Mikhailova's course <STRONG><U><FONT
color=#0000ff>Organizations and How to Survive them. Understanding Personal
Adjustment Styles and Coping Strategies.</FONT></U></STRONG></FONT></DIV>
<DIV><BR></DIV>
<DIV><SPAN id=hbblock><FONT face=Arial size=2></FONT> </DIV><LABEL
id=HbSession SessionId="1485301322"></LABEL>
<DIV><FONT face="Arial Cyr" size=2>
<TABLE class=MsoNormalTable
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<TR style="HEIGHT: 77.75pt; mso-yfti-irow: 0; mso-yfti-lastrow: yes">
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style="PADDING-RIGHT: 3.75pt; PADDING-LEFT: 3.75pt; PADDING-BOTTOM: 3.75pt; WIDTH: 99.3%; PADDING-TOP: 3.75pt; HEIGHT: 77.75pt"
width="99%"><FONT size=4><FONT color=#ff0000><SPAN lang=EN-US
style="FONT-SIZE: 12pt; mso-ansi-language: EN-US">
<H3 style="TEXT-ALIGN: center" align=center><FONT size=5><FONT
color=#ff0000><SPAN lang=EN-US
style="FONT-SIZE: 12pt; mso-ansi-language: EN-US"><EM><FONT
face=Arial>Course offerings, Fall
Semester:<o:p></o:p></FONT></EM></SPAN></FONT></FONT></H3>
<H3 style="TEXT-ALIGN: center" align=center><FONT size=4><FONT
color=#ff0000><EM><FONT face=Arial><SPAN lang=EN-US
style="FONT-SIZE: 12pt; mso-ansi-language: EN-US">September 18
- December 17, </SPAN><st1:date Month="8" Day="21" Year="2003"><SPAN
lang=EN-US
style="FONT-SIZE: 12pt; mso-ansi-language: EN-US">2006</SPAN></st1:date></FONT></EM></FONT></FONT><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><FONT
color=#000000><SPAN style="FONT-SIZE: 10pt"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><SPAN style="FONT-SIZE: 10pt"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p></H3>
<H3 class=MsoNormal
style="COLOR: #3366ff; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt; mso-margin-bottom-alt: auto"
align=justify>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT face=Arial><FONT color=#0000ff><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Financial
Accounting:</SPAN></U></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff><SPAN style="mso-spacerun: yes"> </SPAN></FONT>This
course provides students with a thorough review of accounting issues of
importance to most organizations, such as Accrual Accounting, Bad Debts,
Inventories, Investments, Cash Flows and Ratio Analysis. US GAAP and IAS
concepts are emphasized. <U>Fridays </U></SPAN><st1:time Hour="19"
Minute="0"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>7pm
to 10pm</U></SPAN></st1:time><SPAN><FONT size=2><U>, Art
Franczek</U> <o:p></o:p></FONT></SPAN></FONT></FONT></P></o:p></SPAN>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT face=Arial><FONT color=#0000ff><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>Managerial
Accounting:</U></SPAN></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff> </FONT><FONT color=#0000ff><SPAN
style="mso-spacerun: yes"> </SPAN></FONT>This course provides
students with a thorough review of most Managerial Accounting issues of
importance to many organizations such as Cost Allocation, Activity Based
Costing, Budgeting, Standard Costing, Just In Time Inventory and many
other topics. <U>Wednesdays </U></SPAN><U><st1:time Hour="19"
Minute="0"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></st1:time><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Art Franczek </SPAN></U></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT face=Arial><FONT color=#0000ff><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>Comparative
Taxation:</U> </SPAN></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">This
course provides students with a thorough review of tax systems of the
</SPAN><st1:country-region><st1:place><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">U.S.</SPAN></st1:place></st1:country-region><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
</SPAN><st1:country-region><st1:place><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Russia</SPAN></st1:place></st1:country-region><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
and other countries. The latest Russian Tax Reforms are discussed along
with Offshore Tax Havens and many other current topics. <U>Saturdays
10am to 1pm</U></SPAN><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>,
Art Franczek</U></SPAN></FONT></FONT></P><FONT color=#000000><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; COLOR: #3366ff; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt; mso-margin-bottom-alt: auto"
align=justify><FONT color=#000000><FONT face=Arial><SPAN><U><FONT
color=#0000ff>Corporate Finance</FONT>:</U> This course is an introduction
to allocation of capital over time, capital budgeting, financial
management and other topics using basic mathematical models. This
course focuses upon the application of Corporate Finance issues in
Russia.<U> Tuesdays </U></SPAN><U><st1:time Hour="19"
Minute="0"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></st1:time><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Konstantin Kontor</SPAN></U></FONT></FONT></P></SPAN></FONT>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT face=Arial><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff>Takeovers, Restructuring and Corporate
Governance</FONT>:</SPAN></U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
This course provides students with an exploration of Takeovers, Mergers,
Divestitures, including strategies and empirical evidence, with examples
drawn from International and Russian experience. <U>Thursdays
</U></SPAN><U><st1:time Hour="19" Minute="0"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></st1:time><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Konstantin Kontor</SPAN></U></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT face=Arial><FONT color=#0000ff><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Principles
of Business Law: </SPAN></U></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">This
course will cover Origins and Theory of Law, Contract Law, Torts,
the Court System and Procedure, Evidence, Debtor-Creditor Law, Negotiable
Instruments and the Banking System, Property & Business Organizations.
As a survey course, each area will be touched on briefly. The course book
is based on American law, but where differences exist Russian law will be
explained. <U>Tuesdays, </U></SPAN><st1:time Hour="19"
Minute="0"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm,</SPAN></U></st1:time><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
Vladimir Lissniak </SPAN></U><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><o:p></o:p></SPAN></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT face=Arial><FONT color=#0000ff><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Principles
of Marketing:</SPAN></U></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff> </FONT>This course provides students with an overview of
marketing in a modern international business. The latest materials and
case studies are used in this course. <U>Mondays </U></SPAN><st1:time
Hour="19" Minute="0"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></U></st1:time><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Tom Nastas </SPAN></U></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT face=Arial><FONT color=#0000ff><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Business
Development Strategies (Entrepreneurship): </SPAN></U></FONT><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">This
course provides students with many cases involving the development of new
and continuing venture capital issues both in
</SPAN><st1:country-region><st1:place><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Russia</SPAN></st1:place></st1:country-region><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
and in other countries. Several leading business people will be guest
speakers for this course. <U>Wednesdays </U></SPAN><st1:time Hour="19"
Minute="0"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7
pm to 10pm</SPAN></U></st1:time><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Tom Nastas</SPAN></U><SPAN lang=EN-US style="mso-ansi-language: EN-US">
<o:p></o:p></SPAN></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><SPAN><FONT face=Arial><FONT color=#0000ff><U><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA"><U><FONT
color=#0000ff>International Human Resource
Management</FONT> </U></SPAN></U></FONT><FONT size=2>: </FONT>
<SPAN lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA">This
new course aims at presenting the Human Resource Management theories and
practices through a modern and international perspective for MBA students.
With support of international case studies from leading business schools,
the lectures will be interactive and fun and offer the students a broad
spectrum of examples to develop their knowledge in this field. Although
this course is designed for students with no prior knowledge of HRM,
people familiar with this area will however gain from the Cross-Cultural
insight distilled throughout the lectures. <U>Mondays </U></SPAN><st1:time
Hour="19" Minute="0"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA"><U>7pm
to 10pm</U></SPAN></st1:time><SPAN lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA"><U>,
Jerome Dumetz </U></SPAN></FONT></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT color=#0000ff><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA"><U><FONT
color=#0000ff>Marketing Research</FONT><FONT
color=#000000> :</FONT></U> This is a new course at AIBEc that
will focus upon the application of International Marketing Research
methods in a Russian business environment. <U>Thursdays 7pm to 10pm,
Gregory Troussov</U></SPAN></SPAN></FONT></FONT></P></H3>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT color=#0000ff><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
face=Arial><SPAN class=th2><SPAN><FONT color=#0000ff><FONT
color=#ff0000><U><STRONG>NEW!</STRONG></U> </FONT></FONT></SPAN></SPAN><SPAN
lang=EN-US style="FONT-FAMILY: Arial; mso-ansi-language: EN-US"><FONT
color=#000000> </FONT></SPAN><STRONG><U>Organizations and How to
Survive them. Understanding Personal Adjustment Styles and Coping
Strategies:</U> </STRONG></FONT></SPAN></FONT></FONT><FONT
face=Arial><STRONG><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">This
course examines the individual coping strategies and personal styles in
dealing with the pressures, limitations and other challenges one faces in
professional practice. Of particular interest will be the ideas and
practical tools for better understanding the counterproductive coping
patterns. <U>Fridays <st1:time Hour="19" Minute="0"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></st1:time></U></SPAN><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>, Ekaterina
Mikhailova</U></SPAN></STRONG></FONT></P>
<H3 class=MsoNormal
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align=justify>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
face=Arial><FONT size=2><FONT color=#ff0000><U>NEW!</U> </FONT><FONT
color=#0000ff><U>Media and Public Relations:</U> </FONT><FONT
color=#000000>This is a new and innovative course that compares the nature
of Public Relations in both a Russian and International context. It covers
such topics as how a company deals with scandals , how to deal with the
media, and the role of PR in government. In addition Many other PR and
Media issues will be addressed.<U> Saturdays 1pm to 4pm, John
Harrison,</U></FONT></FONT></FONT></SPAN></SPAN></SPAN></FONT></SPAN></P></H3>
<H3 class=MsoNormal
style="COLOR: #3366ff; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt; mso-margin-bottom-alt: auto"
align=center><SPAN><FONT
face=Arial> <SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff><U><EM>International Transactions:</EM></U></FONT><FONT
color=#000000> </FONT></SPAN><FONT color=#000000><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Covers
topics of interest to employees of firms in Russia that do business
internationally, including import-export transactions, letters of credit,
international organizations (GATT, WTO, EU), shipping contracts and
others.</SPAN></B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">
PLEASE NOTE THAT THIS CLASS IS LIMITED TO 10 AIBEC STUDENTS WHO HAVE TAKEN
BUSINESS LAW.</SPAN></SPAN></B></FONT></FONT></SPAN></H3>
<H3 class=MsoNormal
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align=center><SPAN><FONT face=Arial><FONT color=#000000><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><U>Thursdays</U>
</SPAN><EM><U>, </U></EM></SPAN></B><EM><st1:time Hour="19" Minute="0"><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></U></B></st1:time><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Marian Dent, Professor </SPAN></U></B></EM></FONT></FONT></SPAN></H3>
<H3 class=MsoNormal
style="COLOR: #3366ff; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt; mso-margin-bottom-alt: auto"
align=center><SPAN><FONT face=Arial><FONT color=#000000><EM><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"></SPAN></U></B></EM></FONT><SPAN
lang=EN-US
style="mso-ansi-language: EN-US"><o:p></o:p></SPAN> <FONT
color=#333399> <FONT
size=2> </FONT></FONT><FONT size=2>For more
information:<o:p></o:p></FONT></FONT></SPAN></H3>
<H3 class=MsoNormal style="TEXT-ALIGN: center" align=center><SPAN
lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US"><FONT
face=Arial>call at 438-1439, website: </FONT><A
href="http://www.aibec.org/"><FONT
face=Arial>www.aibec.org</FONT></A><FONT face=Arial>; e-mail
;info.aibec@co.ru</FONT></SPAN></SPAN></FONT></FONT></H3></TD></TR></TBODY></TABLE><B><SPAN
lang=EN-US style="COLOR: #333399; mso-ansi-language: EN-US"><FONT face=Arial
size=2>
<DIV>
<P class=MsoNormal align=justify><B
style="mso-bidi-font-weight: normal"><I><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>Art
Franczek</U></SPAN></I></B><B style="mso-bidi-font-weight: normal"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
(</SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:artf@online.ru"><I style="mso-bidi-font-style: normal"><SPAN
lang=EN-US
style="mso-ansi-language: EN-US">artf@online.ru</SPAN></I></A></SPAN></B><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
373 6241): Art holds an MBA and MST from </SPAN></B><st1:place><st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">DePaul</SPAN></B></st1:PlaceName><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
</SPAN><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">University</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
and is a CPA. He has many years of experience as a Tax Manager for a major
international company. He has taught at AIBEc for 10 years and has taught
over 1500 Russian students. He is currently co-chair of the Customs Committee at
Am Cham and has been an active participant on the Tax Committee for 10
years. He has written many articles on Accounting/Tax issues and has recently
published a workbook on IAS Accounting and has worked with The World
Bank on a project to convert Russian Accounting to
IAS.<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify" align=justify><B><I><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p> </o:p></SPAN></I></B><B><I><U><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Konstantin
Kontor</SPAN></U></I></B><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
(</SPAN></B><B><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:kkontor@kkp-partners.ru"><EM><SPAN lang=EN-US
style="mso-ansi-language: EN-US">kkontor@kkp-partners.ru</SPAN></EM></A></SPAN></B><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><EM>):
</EM>Kostya holds an MBA from UCLA (a top ranked MBA Program) and has worked for
several years as the director of research for RINACO Plus, a major
</SPAN></B><st1:City><st1:place><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Moscow</SPAN></B></st1:place></st1:City><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
brokerage firm. He is one of the first students to graduate from AIBEc in 1992
and has taught finance at AIBEc since 1994.<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><EM><B><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Tom
Nastas</SPAN></U></B><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
(</SPAN></B><B><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:tom@online.ru"><SPAN lang=EN-US
style="mso-ansi-language: EN-US">tom@online.ru</SPAN></A></SPAN></B></EM><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">):
Tom holds an MBA from </SPAN></B><st1:place><st1:PlaceName><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Michigan</SPAN></B></st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">State</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"> (
a top ranked MBA Program). He has many years of experience a Venture Capitalist
in </SPAN></B><st1:country-region><st1:place><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Russia</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
and other emerging markets. He has several years of experience teaching
marketing at </SPAN></B><st1:place><st1:PlaceName><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Michigan</SPAN></B></st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">State</SPAN></B></st1:PlaceType><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">University</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">.<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><B><SPAN><EM><U>Vladinir
Lissniak</U> <U>,(</U></EM><A
href="mailto:vlissniak@pericles.ru"><EM>vlissniak@pericles.ru</EM></A><U>
692-5188</U>): </SPAN></B><st1:City><st1:place><B><SPAN
lang=EN-US>Vladimir</SPAN></B></st1:place></st1:City><B><SPAN lang=EN-US>
represented </SPAN></B><st1:country-region><st1:place><B><SPAN
lang=EN-US>Russia</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US> in </SPAN></B><st1:country-region><st1:place><B><SPAN
lang=EN-US>France</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US> for a number of years as a diplomat. He has experience in bi-and
multilateral negotiations both in public and private sectors.
</SPAN></B><st1:City><st1:place><B><SPAN
lang=EN-US>Vladimir</SPAN></B></st1:place></st1:City><B><SPAN lang=EN-US> has
conducted negotiation seminars for Baker & McKenzie and for other
professional organizations. </SPAN></B></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><B><SPAN
lang=EN-US><U>Jerome Dumetz, (</U><A
href="mailto:jerome@clamart.net">jerome@clamart.net</A><U>): </U>A French
national, jerome studied in France, Holland and Russia. he has worked in Russia,
France, USA and Canada, also he has conducted variuos projects in other
countries. Jerome has taught Cross-Cultural Management at the Plekhonov
Russian Academy of Economics and is a visiting professor at the Mirbus
Institute, Essec Business School and other organisations. He is a comsultant to
various western companies in the field of cross-cultural management. He holds a
bachelors and a masters degree. Jerome has recently done presentations on
Cross-Cultural issues for The European Business Club and The American Chamber of
Commerce.</SPAN></B></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><B><SPAN
lang=EN-US><U>Gregory Troussov, (</U><A
href="mailto:troussov@expertkey.com">troussov@expertkey.com</A><U>):(</U><A
href="http://www.expertkey.com">www.expertkey.com</A><U>): </U>Gregory is the
president of "Kontakt-Expert" Consulting Company in Moscow, which provides
consulting services in the areas of strategy,marketing,performance management,
and personel development. Gregory holds an MBA from The University of Colorado
and has lived and worked in the US for several years. He has extensive
experience in applying Marketing Research Methodologies to Russian companies.
Also Gregory has taught marketing at the Economics Academy in Moscow. He has
recently written a book on Marketing in Developing Economies that will be
published soon.</SPAN></B></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><B><SPAN
lang=EN-US><U> </U></SPAN></B></o:p></SPAN></B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><FONT face=Tahoma><FONT
face=Arial><STRONG><U>Ekaterina Mikhailova Phd</U> is a co-founder and a leading
counselor of the two affiliated training institutes: The personal Training
Center 'Klass" and Institute of Group and Family Psychotherapy and Psychology
(IGSPP). Since 1995 she has been teaching and training professionals both in the
fields of therapeeutic groupwork and interactive education. She is the author of
several books on various aspects of counseling, training coaching and
psychotherapy including "Vasilisa's Spindles" and the "Trifles of
Psychology".</STRONG></FONT></FONT></SPAN></SPAN></SPAN></o:p></SPAN></SPAN></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><STRONG><U>John Harrison</U> has worked
in Russia for 18 years in various positions. He was a correspondent for Britains
Daily Express, he operated his own firm daling with PR and media relations for
Western companies setting up business in Russia and he was an editor for
pulications such as Russia Review and Commercial Real Estate. He was a founder
of Passport magazine and is currently its managing editor. He has a Masters
degree in Russian studies from Exeter
University.</STRONG></SPAN></SPAN></SPAN></o:p></SPAN></SPAN></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><STRONG><SPAN lang=EN-US
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><st1:City><st1:place></st1:place></st1:City><U>Marian
Dent</U></SPAN><B><FONT size=2><SPAN lang=EN-US
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,(</SPAN></FONT></B><B><FONT
size=2><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:mdent@pericles.ru"><SPAN lang=EN-US
style="mso-ansi-language: EN-US">mdent@pericles.ru</SPAN></A></SPAN></FONT></B><B><FONT
size=2><SPAN lang=EN-US
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
): Marian is a graduate of <st1:place><st1:PlaceName>Boat</st1:PlaceName>
<st1:PlaceType>Hall</st1:PlaceType>
<st1:PlaceType>School</st1:PlaceType></st1:place> of Law, U.
<st1:State><st1:place>California</st1:place></st1:State>,
<st1:City><st1:place>Berkley</st1:place></st1:City> ( a top ranked
<st1:place><st1:PlaceName>Law</st1:PlaceName>
<st1:PlaceType>School</st1:PlaceType></st1:place>). She has many years
experience working for major law firms and has been teaching at AIBEc since
1996. She also teaches courses at CPA Reviews in
<st1:City><st1:place>Moscow</st1:place></st1:City> and at various law and
accounting
firms.</SPAN></FONT></B></STRONG></SPAN></SPAN></SPAN></o:p></SPAN></SPAN></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><STRONG><B><FONT size=2><SPAN lang=EN-US
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p></o:p></SPAN></FONT></B></STRONG></SPAN></SPAN></SPAN></o:p></SPAN></SPAN></o:p></SPAN><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN></SPAN></o:p></SPAN><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US">For more
information:<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: center" align=center><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US">call at
438-1439, 438-0830; <A href="http://www.aibec.org/">www.aibec.org</A>; <A
href="mailto:info.aibec@co.ru">info.aibec@co.ru</A></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"> <o:p></o:p></SPAN></B></P></FONT></DIV><o:p></o:p></SPAN></B>
<P class=MsoNormal><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"><o:p><FONT face=Arial
color=#000000> </FONT></o:p></SPAN></P></FONT></DIV></SPAN><BR>
<P></P><STRONG><FONT face=Arial color=#333399
size=2> </FONT></STRONG><BR></BODY></HTML>