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<DIV style="FONT: 10pt arial"> DEAR AIBECERS</DIV>
<DIV style="FONT: 10pt arial"> </DIV>
<DIV style="FONT: 10pt arial">AS YOU MAY KNOW AIBEC IS HOLDING ITS SEMIANNUAL
ENTRANCE EXAM ON APRIL 14TH 2007. IT WOULD BE GREATLY APPRECIATED IF YOU COULD
TELL YOUR FREINDS AND COLLEAGUES HOW AIBEC HELPS YOU TO ADVANCE YOUR CAREERS AND
PROVIDE HIGH QUALITY COURSES AT THE LOWEST POSSIBLE COST.</DIV>
<DIV style="FONT: 10pt arial"> </DIV>
<DIV style="FONT: 10pt arial">IT WOULD ALSO BE APPRECIATED IF YOU COULD SEND
THIS ANNOUNCEMENT TO YOUR INSTITUTES AND UNIVERSITIES. ALSO IF YOU HAVE ANY
OTHER IDEAS ON WHERE WE CAN SEND ANNOUNCEMENTS PLEASE LET ME KNOW.</DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>YOURS TRULY,</FONT></DIV>
<DIV><FONT face=Arial size=2>ART FRANCZEK</FONT></DIV>
<DIV><FONT face=Arial size=2>PRESIDENT OF AIBEC</FONT> </DIV>
<DIV style="FONT: 10pt arial"><FONT face=Arial size=2></FONT><SPAN><SPAN><SPAN>8
903 713 8244 m</DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face="Arial Cyr" size=2>
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<P class=MsoNormal style="MARGIN-BOTTOM: 6pt; TEXT-ALIGN: center"
align=center><SPAN lang=EN-US
style="FONT-SIZE: 14pt; COLOR: #333399; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold">The
American Institute of Business and Economics, one of the oldest
business schools in </SPAN><st1:country-region><st1:place><SPAN
lang=EN-US
style="FONT-SIZE: 14pt; COLOR: #333399; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold">Russia</SPAN></st1:place></st1:country-region><SPAN
lang=EN-US
style="FONT-SIZE: 14pt; COLOR: #333399; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold">
announces </SPAN><SPAN lang=EN-US
style="FONT-SIZE: 14pt; COLOR: #333399; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold">its
Entrance Exam on APRIL 14, 2007.</SPAN></P><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="COLOR: #333399; FONT-FAMILY: Arial; mso-ansi-language: EN-US">
<P class=MsoBodyText style="TEXT-ALIGN: center" align=center><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="COLOR: #333399; FONT-FAMILY: Arial; mso-ansi-language: EN-US">Join
Our High Quality International MBA Program </SPAN></B><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="COLOR: #333399; FONT-FAMILY: Arial; mso-ansi-language: EN-US">in
</SPAN></B><st1:City><st1:place><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="COLOR: #333399; FONT-FAMILY: Arial; mso-ansi-language: EN-US">Moscow!</SPAN></B></st1:place></st1:City><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="COLOR: #333399; FONT-FAMILY: Arial; mso-ansi-language: EN-US"><o:p></o:p></SPAN></B></P></SPAN></B>
<P class=MsoBodyText style="TEXT-ALIGN: justify"><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US">The American
Institute of Business and Economics (AIBEc) is one of the leading
MBA/Business Programs in </SPAN><st1:City><st1:place><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US">Moscow</SPAN></st1:place></st1:City><SPAN
lang=EN-US style="COLOR: #333399; mso-ansi-language: EN-US">. AIBEc
has a tradition of excellence in Business Training since 1989 and is
looking forward to being your partner in Business Training in the
future. On APRIL 14,2007</SPAN><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US">, AIBEc will be
holding its semiannual entrance exam, students who qualify on this
exam are entitled to pay a special rate of 500s.u.per course at
AIBEc. AIBEc looks forward to seeing you participate in this exam
and qualifying for this special rate. This would provide you
with the highest quality Business Training at the most affordable
cost. Please read the following for details on this
exam:<o:p></o:p></SPAN></P>
<P class=MsoNormal
style="MARGIN-BOTTOM: 6pt; TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">1)
The students who pass this entrance exam will qualify as regular
AIBEc students and be entitled to the special rate
of 500s.u. per course (for an MBA).</SPAN></B><B><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"><o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN-BOTTOM: 6pt; TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">2)
The exam will take place at </SPAN></B><st1:time Hour="10"
Minute="0"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">10am</SPAN></B></st1:time><B><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">
(until </SPAN></B><st1:time Hour="12" Minute="30"><B><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">12:30</SPAN></B></st1:time><B><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">)
at AIBEc 23, Miklukho-Maklaya on APRIL 14 ,2007</SPAN></B><B><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">.<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN-BOTTOM: 6pt; TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">3)
The exam will be similar to a GMAT/TOEFL i.e. Grammar, Reading
Comprehension, Critical Reasoning, Math such as Geometry, Algebra
and Arithmetic, there will be 60 questions and students will have 2
hours to complete the exam.</SPAN></B><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"><o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN-BOTTOM: 6pt; TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">4)
Registration for the exam is at AIBEc from </SPAN></B><st1:time
Hour="11" Minute="0"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">10am</SPAN></B></st1:time><B><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">
to </SPAN></B><st1:time Hour="21" Minute="0"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">9pm</SPAN></B></st1:time><B><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">
Mon through Friday, the registration fee is 400 rubles and 2
photo are needed. YOU CAN ALSO REGISTER ONLINE OR BY
FAX.</SPAN></B></P>
<P class=MsoNormal
style="MARGIN-BOTTOM: 6pt; TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">5)
Results of the exam will be provided on SUNDAY APRIL 22, 2007
</SPAN></B><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">and
at that time students will have an opportunity to register for
classes to be given in the Spring Semester (MAY 14th TO AUGUST 17th
2007).<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN-BOTTOM: 6pt; TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">6)
Scholarships are available to those who demonstrated top scores on
the exam.</SPAN></B><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"><o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">7)
Call at 438-1439, 438-0830; e-mail: info.aibec@co.ru, or check out
AIBEc's web-site </SPAN></B><B><SPAN
style="COLOR: #333399; mso-bidi-font-size: 10.0pt"><A
href="http://www.aibec.org"><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US">www.aibec.org</SPAN></A></SPAN></B><B><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">
for further details.</SPAN></B><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"><o:p></o:p></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>
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style="COLOR: #333399; mso-ansi-language: EN-US"><o:p> </o:p></SPAN></P></TD></TR></TBODY></TABLE>
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