Common use of Information Letter Clause in Contracts

Information Letter. The Company will use its reasonable efforts, to the extent permitted by the laws of the Russian Federation and regulations applicable to the Registrar, to cause the Registrar to deliver with each (i) share extract issued in due course in respect of Common Stock and Preferred Stock of the Shareholders, or (ii) copy of the register of the Company as permitted by the laws of the Russian Federation, an original information letter on the Registrar's letterhead executed on behalf of the Registrar which shall contain (in addition to the addressee's details) a Russian translation of the following text: "THE STOCK OF THE COMPANY IS SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER (AND PLEDGE) AS SET FORTH IN THE SHAREHOLDERS AGREEMENT DATED AS OF MAY 30, 2001, COPIES OF WHICH MAY BE FURNISHED BY THE COMPANY UPON WRITTEN REQUEST AND WITHOUT CHARGE." (the "INFORMATION LETTER"). The Company shall receive a copy of each such Information Letter and shall maintain the list of any written requests to provide copies of the

Information Letter. The Company will use its reasonable efforts, to the extent permitted by the laws of the Russian Federation and regulations applicable to the Registrar, to cause the Registrar to deliver with each (i) share extract issued in due course in respect of Common Stock and Preferred Stock of the Shareholders, or (ii) copy of the register of the Company as permitted by the laws of the Russian Federation, an original information letter on the Registrar's letterhead executed on behalf of the Registrar which shall contain (in addition to the addressee's details) a Russian translation of the following text: "THE STOCK OF THE COMPANY IS SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER (AND PLEDGE) AS SET FORTH IN THE SHAREHOLDERS AGREEMENT DATED AS OF MAY 30, 2001, COPIES OF WHICH MAY BE FURNISHED BY THE COMPANY UPON WRITTEN REQUEST AND WITHOUT CHARGE." (the "INFORMATION LETTERInformation Letter"). The Company shall receive a copy of each such Information Letter and shall maintain the list of any written requests to provide copies of the

Information Letter. The Company will use its reasonable efforts, to the extent permitted by the laws of the Russian Federation and regulations applicable to the Registrar, to cause the Registrar to deliver with each (i) share extract issued in due course in respect of Common Stock and Preferred Stock of the Shareholders, or (ii) copy of the register of the Company as permitted by the laws of the Russian Federation, an original information letter on the Registrar's letterhead executed on behalf of the Registrar which shall contain (in addition to the addressee's details) a Russian translation of the following text: "THE STOCK OF THE COMPANY IS SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER (AND PLEDGE) AS SET FORTH IN THE SHAREHOLDERS AGREEMENT DATED AS OF MAY 30, 2001, COPIES OF WHICH MAY BE FURNISHED BY THE COMPANY UPON WRITTEN REQUEST AND WITHOUT CHARGE." (the "INFORMATION LETTERInformation Letter"). The Company shall receive a copy of each such Information Letter and shall maintain the list of any written requests to provide copies of thethe 24 <PAGE> Shareholders Agreement. Each Shareholder shall be entitled to receive from the Company copies of any such written requests or Information Letters.