RESOLUTION OF THE SUPREME ECONOMIC COURT OF UKRAINE

of May 7, 2007

About recognition of the purchase and sale agreement of securities invalid

(Determination of Trial chamber on economic cases of the Supreme Court of Ukraine of 04.07.2007 it is refused to open production on review)

Case No. 44/361-06(40/282-05)

NAME OF UKRAINE

The Supreme Economic Court of Ukraine as a part of board of judges: Karabanya V. Ya. - chairman, Kovtonyuk L. V., Shepherd V. V.

having considered in proceeding in open court materials of the writ of appeal of Zapad-Transit Limited liability company, Mr. Kovel, the Volynsk region

on the resolution of the Kharkiv Economic Court of Appeal of 13.02.2007.

in the matter of economic court of the Kharkiv N44/431-06(40/282-05) region

in the claim of Zapad-Star Limited liability company, Mr. Kovel, the Volynsk region to

- To Zapad-Transit limited liability company,

- To Alatyr-Agro limited liability company, Kharkiv

with the assistance of the third parties of Private company "Dealer in securities "East Broker", Kharkiv

To limited liability company "Vostok, Kharkiv

To Sigur limited liability company, Kharkiv

about recognition of the purchase and sale agreement of securities invalid

with the participation of agents of the parties:

from the claimant - were not;

from defendants of Zapad-Transit LLC - Kovalenko Yu. O.;

from other parties representatives were not.

ESTABLISHED:

In executive committee of Kovelsky city council of the Volynsk region of 02.11.2004 constituent documents of Zapad-Transit LLC in the new edition were registered. According to item 6.1. The charter of the specified society and the concord agreement of 27.10.2004 founders of Zapad-Transit LLC are Vostok Firm LLC, Sigur LLC and Zapad-Star LLC.

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