1. NEXIA CIS

2. INTERNATIONAL ACCOUNTING NETWORKS AND ASSOCIATIONS IN RUSSIA NetworkRepresentative in RussiaPosition in TOP 100 Russian accounting firms BDO InternationalBDO Unicon2 RSM InternationalRSM Top-Audit6 Grant Thornton International Baker Tilly InternationalBaker Tilly Russaudit26 Horwath InternationalHorwath MKPCN15 Moores Rowland International Rosexpertiza3 Nexia InternationalNexia Pacioli19 PKF InternationalFBK4 Moore Stephens International MOORE STEPHENS BalNP14

3. REGIONAL NETWORKS IN RUSSIA NetworkFirms BDO Unicon (BDO)9 Rosexpertiza (MRI)10 Nexia Pacioli (NEXIA)7 STEPHENS BalNP (MSI)43

4. POOLING. WHAT FOR? Services list enlargement (complexity, IFRS) Large clients service (89 districts, 11000km, 11 time zones) Collaboration and unified standards keeping Cost cutting (training, advertising, marketing)

6. RESULTS 7 Companies Audit committee Joint projects Year Ranking 2006 Members meetings

7. FEE SPLIT