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<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><?xml:namespace
prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p><FONT
face="Times New Roman" size=3> </FONT></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><o:p><FONT
face="Times New Roman" size=3> </FONT></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman">Dear AIBEcers,<o:p></o:p></FONT></FONT></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman"><SPAN
style="mso-spacerun: yes"> </SPAN><o:p></o:p></FONT></FONT></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman"><SPAN
style="mso-spacerun: yes"> </SPAN><o:p></o:p></FONT></FONT></SPAN></B></P>
<H2 style="MARGIN: 0cm 53.75pt 0pt 0cm"><SPAN lang=EN-US><o:p><FONT
face="Times New Roman" size=3> </FONT></o:p></SPAN></H2>
<H2 style="MARGIN: 0cm 53.75pt 0pt 0cm"><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-US>The AIBEc administration informs you
that the NEW FINANCIAL POLICY at AIBEc</SPAN><SPAN lang=EN-US
style="FONT-WEIGHT: normal; FONT-VARIANT: normal! important"> </SPAN><SPAN
lang=EN-US>will apply effective December 1, 2008.</SPAN></FONT></FONT></H2>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><o:p><FONT face="Times New Roman"
size=3> </FONT></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><o:p><FONT
face="Times New Roman" size=3> </FONT></o:p></SPAN></B></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><SPAN lang=EN-US
style="FONT-VARIANT: normal! important"><SPAN
style="mso-list: Ignore"><STRONG><FONT size=3>1.</FONT></STRONG><SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><STRONG><FONT size=3><SPAN lang=EN-US>The COST OF STUDY for
the Spring Semester of 2009 will be pegged<SPAN
style="mso-spacerun: yes">
</SPAN></SPAN></FONT></STRONG></FONT></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><STRONG><FONT size=3><SPAN lang=EN-US><SPAN
style="mso-spacerun: yes"></SPAN> to the
Bank of Russia’s two-currency basket units (BU) as of the date of payment.
</SPAN></FONT></STRONG></FONT></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><STRONG><FONT size=3><SPAN lang=EN-US>
The BU consists of 55 US cents and 45 Eurocents.</SPAN><SPAN
lang=EN-US
style="FONT-VARIANT: normal! important"><o:p></o:p></SPAN></FONT></STRONG></FONT></P>
<P class=MsoNormal
style="MARGIN: 0cm 35.75pt 0pt 18pt; tab-stops: list 18.0pt"><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><o:p><STRONG><FONT
face="Times New Roman" size=3> </FONT></STRONG></o:p></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0cm 3.8pt 0pt 54pt; tab-stops: list 54.0pt"><FONT size=3><FONT
face="Times New Roman"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US">As of
December</SPAN></B><SPAN lang=EN-US style="mso-ansi-language: EN-US"> <B><SPAN
style="FONT-VARIANT: small-caps">1, 2008 the regular cost of study
</SPAN></B></SPAN></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN: 0cm 3.8pt 0pt 54pt; tab-stops: list 54.0pt"><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><B><SPAN style="FONT-VARIANT: small-caps">(for
students who successfully passed the entrance exam)
</SPAN></B></SPAN></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN: 0cm 3.8pt 0pt 54pt; tab-stops: list 54.0pt"><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><B><SPAN style="FONT-VARIANT: small-caps">will
be set at 720 BU per course </SPAN></B></SPAN></FONT></FONT><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><B><SPAN style="FONT-VARIANT: small-caps">(that
is equivalent </SPAN></B></SPAN></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN: 0cm 3.8pt 0pt 54pt; tab-stops: list 54.0pt"><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><B><SPAN style="FONT-VARIANT: small-caps">to
the former 22,000 rubles per course </SPAN></B></SPAN></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN: 0cm 3.8pt 0pt 54pt; tab-stops: list 54.0pt"><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><B><SPAN style="FONT-VARIANT: small-caps">at
the<SPAN style="mso-spacerun: yes"> </SPAN>average fall 2008 rate of
30.55 rubles per BU). <o:p></o:p></SPAN></B></SPAN></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN: 0cm 3.8pt 0pt 54pt; tab-stops: list 54.0pt"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><o:p><FONT
face="Times New Roman" size=3> </FONT></o:p></SPAN></B></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><SPAN lang=EN-US><SPAN
style="mso-list: Ignore"><STRONG><FONT size=3>2.</FONT></STRONG><SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><SPAN lang=EN-US><STRONG><FONT size=3>Tuition must be paid
in full before or at the beginning of studies.</FONT></STRONG></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN: 0cm 3.8pt 0pt 54pt; tab-stops: list 54.0pt"><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><o:p><STRONG><FONT
face="Times New Roman" size=3> </FONT></STRONG></o:p></SPAN></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><SPAN lang=EN-US><SPAN
style="mso-list: Ignore"><STRONG><FONT size=3>3.</FONT></STRONG><SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><SPAN lang=EN-US><STRONG><FONT size=3>Any deferred payments
shall be granted at the ultimate discretion<SPAN
style="mso-spacerun: yes">
</SPAN></FONT></STRONG></SPAN></FONT></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><SPAN lang=EN-US><STRONG><FONT size=3><SPAN
style="mso-spacerun: yes"></SPAN> of the
AIBEc Director. Should it be allowed, interest and/or additional fees
</FONT></STRONG></SPAN></FONT></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><SPAN lang=EN-US><STRONG><FONT size=3>
will be charged on deferred payments.
</FONT></STRONG></SPAN></FONT></P>
<P class=MsoBlockText style="MARGIN: 0cm 3.8pt 0pt 36pt"><SPAN
lang=EN-US><o:p><STRONG><FONT face="Times New Roman"
size=3> </FONT></STRONG></o:p></SPAN></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><SPAN lang=EN-US><SPAN
style="mso-list: Ignore"><STRONG><FONT size=3>4.</FONT></STRONG><SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><SPAN lang=EN-US><STRONG><FONT size=3>In case of a failure
or an incomplete in a course, students can retake<SPAN
style="mso-spacerun: yes"> </SPAN></FONT></STRONG></SPAN></FONT></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><SPAN lang=EN-US><STRONG><FONT size=3><SPAN
style="mso-spacerun: yes"> </SPAN>the
same course during the next semester when the course is offered<SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN></FONT></STRONG></SPAN></FONT></P>
<P class=MsoBlockText
style="MARGIN: 0cm 3.8pt 0pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt"><FONT
face="Times New Roman"><SPAN lang=EN-US><STRONG><FONT size=3><SPAN
style="mso-spacerun: yes"></SPAN> at a
discount rate of 250 BU. </FONT></STRONG></SPAN></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><o:p><STRONG><FONT
face="Times New Roman" size=3> </FONT></STRONG></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><o:p><FONT
face="Times New Roman" size=3> </FONT></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman">For additional information, please contact Liliya Neyman
<o:p></o:p></FONT></FONT></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman">(office 438-14-39, 438-08-30, mobile
798-85-72)<o:p></o:p></FONT></FONT></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman"><SPAN
style="mso-spacerun: yes"> </SPAN><o:p></o:p></FONT></FONT></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><o:p><FONT
face="Times New Roman" size=3> </FONT></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman">We appreciate your
cooperation.<o:p></o:p></FONT></FONT></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman"><SPAN
style="mso-spacerun: yes"> </SPAN><o:p></o:p></FONT></FONT></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman"><SPAN
style="mso-spacerun: yes"> </SPAN><o:p></o:p></FONT></FONT></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 0cm"><B><SPAN lang=EN-US
style="FONT-VARIANT: small-caps; mso-ansi-language: EN-US"><FONT size=3><FONT
face="Times New Roman">Konstantin
Kontor,<o:p></o:p></FONT></FONT></SPAN></B></P>
<H1 style="MARGIN: 0cm 53.75pt 0pt 0cm"><SPAN lang=EN-US><FONT
face="Times New Roman" size=3>Director of AIBEc</FONT></SPAN></H1>
<P class=MsoNormal style="MARGIN: 0cm 53.75pt 0pt 18pt"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><o:p><FONT face="Times New Roman"
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