The INDEPENDENT TRANSPORT COMPANY The Independent Transport Company has been an active participant of the Russian transportation and forwarding services market since 2001 and it has been among the first ten largest forwarding companies of the country by the end of 2002. The Independent Transport Company is an authorized forwarder of Russian Railroads, it has reliable business ties with the transportation branch structures and with the chief agencies of main-line railroad transport. The Company cooperates closely with regional Railroads. Direct contracts with West-Siberian, East-Siberian, Krasnoyarsk, Kuibyshev, Far-Eastern, Northern, North-Caucasian and Moscow Railroads enable the Company to provide precise, reliable and efficient transportation of goods, to professionally organize service on main routes of direct railroad transportation and combined (rail and water) transportation within the network of Russia, CIS countries and other countries. The Company presents Consignors with competitive tariffs. The Company's own representatives in the cities, that are principal transportation junctions, facilitate efficient settlement of transportation issues with a high degree of guaranties.