9.30 Registration and Refreshments

10.00 Chairman’s Welcome and Introduction John Whittaker, Clyde & Co

10.10 Facts, Figures and Economy

■ Snapshot of recent statistics ■ Economic trends ■ Russia in the global marketplace

Andrew Tobin, Clyde & Co

10.20 Keynote Address - The Russian Political and Diplomatic Situation

Bridget Kendall, Diplomatic and Political Correspondent at the BBC

11.10 Refreshments

11.25 Setting up Business in Russia - the Nuts and Bolts

■ Establishing presence in Russia - options ■ Representativeoffices&branches ■ Establishing a Russian company ■ Acquiring participation interest in an existing Russian company ■ Various administrative and other concerns

Igor Orlov, Clyde & Co and Oleg Shvander, Clyde & Co

12.25 Lunch

Afternoon Chairman

Elliot Hill, RSA Insurance Group, plc

1.25 Dispute Resolution concerning Russia

■ Overview of litigation, arbitration and enforcement. ■ How effective is the system? ■ Practical issues in conducting litigation in Russia

John Whittaker, Clyde & Co, Maire Ni Aodha, Clyde & Co and Violetta Molchanova, Clyde & Co

2.05 Doing Business in Russia - Practicalities and Realities

■ Selling goods into Russia - assessing risk… and getting paid ■ Moving goods into Russia, and onwards - customs, certificationandtransportissues

■ Russia beyond Moscow and St. Petersburg ■ Six top tips for success

Trevor Barton, PBN

2.35 Corporate Acquisitions and Joint Ventures in Russia

■ Issues to consider when preparing for an acquisition of a company with underlying assets in Russia ■ Due diligence of Russian assets and ways to ring fence the investment from historical problems ■ Dealing with Russian counterparts in the run-up to the closing - practical issues ■ Structuring the relationship with joint venture partners.

Jim Varanese, Clyde & Co and Oleg Shvander, Clyde & Co

3.10 Refreshments

3.25 Financing Business in Russia

■ Capital Markets ■ Private Placements ■ Hybrid Instruments ■ Private Equity

Philip Rogers, Clyde & Co

3.55 Working with Russians - What do Language and Culture tell us about Russians at Work?

■ Highly practical discussion of Russian attitudes in the workplace: what should westerners expect, and how should they respond? ■ Overview of Russian sayings and proverbs to illustrate these attitudes ■ The Russian language and possible misconceptions arising from how Russians speak English, plus practical ways westernerscanrefinetheirmessageforaRussian audience ■ Cultural checklist of things to read, watch and listen to, in order to gain a deeper understanding of the Russian character

Frank Althaus, The Russian Language Centre

4.25 Questions and Discussion

4.45 Close

www.cigroup.org.uk

Doing Business with RussiaA Guide for In-House Lawyers

19 March 2009Clyde&Co,51Eastcheap, London EC3M 1JPC&ISubscribedMembers Fee£265+VAT5.25HoursCPD

In association with: Keynote Address: Bridget Kendall, Diplomatic and Political Correspondent at the BBC

Tailored for In-House Lawyers by In-House Lawyers

Doing Business with Russia - 19 March 2009

CG446891.Confirmationofyourbookingwillbesentbyemailorpostwithin2daysofreceipt.AVATinvoicewillbesentseparatelytoyouraccountsdepartmentattheendofthemonth.ConferenceDocumentation is distributed at the time of the event. 2. Central Law Training Ltd reserves the right to vary or cancel a conference where the occasion necessitates. CLT accept no liability if, for whatever reason, the conference does not take place. 3. Prices may be subject to change. 4. Full invoice payable unless:- a) Cancellation: provided written notice is received at least 10 working daysbeforetheevent,thefeewillbecreditedlessa£25(+VAT)administrationchargeb)Transfer:intheeventofatransfertoanotherdateorevent,anadministrationchargeof£25(+VAT)willbelevied.Thiscannotbedone after the date of the conference. c) Credits may be used for other products or services and refunds available on request. Unused credits may be used up to a period of 12 months. 5. This booking form constitutes a legally binding contract.The delegate and employer are jointly and severally liable for payment of all the fees due to CLT. To the extent permitted by law, neither Central Law Training Limited nor its presenters will be liable by reason of breach of contract, negligence or otherwise for any loss or consequential loss occasioned to any person acting omitting to act or refraining from acting in reliance upon the conference material or presentation of the conference or, except to the extent that any such loss does not exceed the price of the conference, arising from or connected with any error or omission in the conference material or presentation of the conference. Consequential lossshallbedeemedtoinclude,butisnotlimitedto,anylossofprofitsoranticipatedprofits,damagetoreputationorgoodwill,lossofbusinessoranticipatedbusiness,damages,costs,expensesincurredorpayabletoanythird party or any other indirect or consequential losses. 6. Continuing Professional Development and Continuing Professional Education. Hours or points may be claimed as indicated from The Solicitors Regulation Authority. 7. Data Protection: You may be contacted from time to time with details of programmes and services that may be of interest to you. Please write to the Client Services at CLT if you do not wish to be included in this activity.

Terms & Conditions

Title: First Name: Surname:

Job Title:

Company Name:

Company Address:

Postcode: DX No:

E-mail Address:

Contact Tel: Fax:

Special Requirements:

Please complete in BLOCK CAPITALS

www.cigroup.org.uk

Conference Documentation

I am not able to attend the Conference but please send me a set of conference notesat£89.00(noVAT)perconference.

For overseas orders, please add £10.00 for postage and packaging.

C&ISubscriberNumber ________________________________

I enclose my cheque for £_______ payable to Central Law Training

The fee includes refreshments, lunch, administration and documentation

I will attend the drinks reception Yes No

Fees:C&ISubscribedMembers: £265.00+VAT(£46.38)=£311.38

NonMembers: £345.00+VAT(£60.38)=£405.38

Russia continues to play an important global part in all sectors of industrial groups and world-wide leading companies are keen to expand their businesses within the Russian Market. This seminar will not only offer you the unique opportunity to hear the BBC’s Russian Diplomatic and Political Correspondent, Bridget Kendall’s views on the present economic state of Russia but other

factsandfigureson theRussianeconomyandpracticaladviceonsettingup and doing business in Russia including Dispute Resolution, Corporate Acquisitions,JointVenturesandfinancialissues.Theseminarwillalsocoverthe practicalities of working with the Russian people and coping with the cultural and languages differences.

Chair: John WhittakerisaPartnerintheEnergy,Trade&CommoditiesDepartmentofClyde&CoactivelyinvolvedinEasternEuropeanandCentralAsianbusinessandworkscloselywiththefirm’sofficesinMoscow,St.PetersburgandBelgrade.Hisprimaryfocusis on international arbitration and litigation arising in international trade and commercial disputes.Keynote Address: Bridget Kendall is a diplomatic and political correspondent at the BBC known in particular for her work in Russia and elsewhere in the Former Soviet Union. She is one of the few Western journalists to have interviewed Mr Putin and Mr Medvedev at length.Frank Althaus is a teacher and translator of Russian, and director of the Russian Language Centre, which he founded in 1992. He is also a partner of Fontanka, the specialist Russian art publishers. He has edited a number of exhibition catalogues for the Hermitage Museum in St Petersburg and the Courtauld Institute in London. Frank Althaus has contributed regularly toseminarsandbriefingsonbusiness inRussiaover the last15years.He iscurrently completing a major new textbook of Russian as foreign language, to be published in 2009.Trevor BartonisManagingDirectorofThePBNCompany’sLondonoffice,anon-executivedirector of the Russo-British Chamber of Commerce, Chairman of the CIS Advisory Panel of International Financial Services London and a member of the Executive Committee of theKazakh-BritishTrade&IndustryCouncil.BeforejoiningPBN,TrevorwasapartnerattheinternationallawfirmClyde&Co,wherehespecializedinshippingandtradelaw,shipfinanceandprojectfinance.Hepracticedinthefirm’sSt.Petersburgofficeforsixyears.In 2001-2 hewas seconded to theUKGovernment’sDepartment of Trade& Industry,where he helped to formulate and deliver the Government’s strategy to promote Russia as an export market Elliot Hill has worked at RSA Insurance Group since 2006. The Group is organised into three main regions: UK, International and Emerging Markets. Elliot is Head of Legal for the Emerging Markets division.Emerging Markets is the fastest growing division and includes 20operationsinLatinAmerica,TheBalticsandAsia&MiddleEast..Violetta MolchanovajoinedCLSILLPin2005havingpreviouslyworkedasanin-houselawyer foraRussian telecomscompany.Shealsohasexperienceworking in the tax&legaldepartmentatoneoftheBigFouraccountancyfirms.SheadvisesoncorporateandinsuranceprojectsincludingM&Atransactionsandrelatedduediligence,andonaviationand insurance law.Maire Ni Aodha is a senior solicitor who joined Clyde & Co in London in 1988 as a

commerciallitigator.SherelocatedtoClyde’sMoscowofficeinMay2008.SheworkswiththeTrade&EnergyandDisputeResolutiongroupsandspecialises indisputes involvingall aspects of trade, finance, transport, logistics and insurance. She has representedand advised clients in arbitrations, litigation and mediation of claims and is currently involved in a claim before the Moscow State Arbitrahz Court and the Maritime Arbitration Commission.Igor OrlovisaSeniorLawyerintheClyde&CoMoscowofficewithexperienceinavarietyof work, primarily in company law, mergers and acquisitions, compliance, intellectual property,securities,andgeneralcommercialtransactions.BeforejoiningClyde&Co,Igorworked as an in-house lawyer on such transactions in large Moscow based companies. Philip Rogers is a Partner and corporate transactions lawyer in the Corporate &CommercialDepartmentofClyde&Cospecialisingincomplexcross-bordertransactionsincluding IPO’s,M&Aand jointventures. Hisclients range from largemulti-nationalsthrough to fast growing entrepreneurial clients. Philip has extensive experience in the CIS and is an expert in securities law. He has successfully combined these by advising on a numberofinnovativehybridfinancingstructuresincludingadvisingonthefirsteverpre-IPO convertible bond for a Russian insurer as well as an innovative exchangeable securities issue for a Ukrainian issuer.Oleg Shvander isa senior lawyer in theEnergy,Trade&CommoditiesDepartmentofClyde&Coadvisingclientsoncross-borderacquisitions,energyandprojectfinance.Inhis practice Oleg focuses on Russia and the former Soviet Union. Oleg’s clients are typically Western companies making investments into Russia and the CIS, as well as Russian companies going “international” and coming to world markets to acquire assets, raise financeorimplementconstructionprojectsAndrew Tobin is solicitor in the InsuranceandReinsuranceGroupofClyde&Cowitha particular interest in Russia and the other countries of the former Soviet Union and assists Russian businesses with a wide variety of legal issues around the globe as well as businesses wishing to invest in Russia. Such issues have recently included shipping, insurance, property transactions, debt financing, share purchases and commerciallitigation.Jim VaraneseisapartnerintheEnergy,Trade&CommoditiesDepartmentofClyde&Coadvisingclientsonenergy,projectfinance,cross-borderacquisitions,andjointventures.Hisenergypracticeincludesoilexploration&production,andtheassociatedinfrastructure.James has negotiated and documented numerous upstream PSAs and concessions, and therelatedJOAsforoilandgasE&PprojectsinRussiaandCentralAsia,theMiddleEast,and North Africa.

Please return to:

TheC&IRegistrar,CentralLawTraining,WrensCourt,52-54 Victoria Road, Sutton Coldfield, Birmingham, B72 1SX

DX708700SuttonColdfield01213550900 01213555517 cigroupregistrar@centlaw.com

Book via our website at www.cigroup.org.uk

Doing Business with Russia19March2009,Clyde&Co,51Eastcheap,LondonEC3M1JP