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        <p align="center"><strong><font size="6" color="#FFFFFF">American
        Russian Law Institute</font></strong></p>
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        <p align="center"><strong><font face="Arial Narrow" color="#ffffff" size="2">A
        US-Russian not-for profit public policy research and advisory
        organization dedicated to promoting legal reform in Russia
        and newly independent countries of the former USSR,&nbsp; based upon
        democratic principles, market economy and rule of law</font></strong></td>
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        <p align="center"><font color="#FFFFFF">&nbsp;____________________________________________________________________________________</font>
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