On March 20, 2004, the first public investment fund in Ukraine – a Synergy fund -managed by OJSC KINTO marked its first anniversary. Since the Fund’s inception in March 2003, the net asset value per share has increased by more than 100% (NAV equals UAH 20 023.52 as of today compared to the nominal value of UAH 10 000 per share on March 20, 2003).

“The success of the Synergy fund is the result of a diversification-oriented active portfolio strategy our asset management company pursues focusing on the search of Ukrainian companies’ shares, which are undervalued, but, at the same time, possess high liquidity. KINTO considers the Synergy fund as its “pilot project” in preparation for non-governmental pension funds asset management in Ukraine”, KINTO’s President Serhiy Oksanych says.

Founded in 1992, KINTO is a recognized leader in the Ukrainian stock market, playing an active part in the stock market creation and development. KINTO’s activity is focused on the investment and non-governmental pension funds asset management. The company offers its customers experience and the most diverse expertise based on the knowledge of the company’s professionals together with the wide choice of investment strategies.

For more detailed information regarding services on the investment and non-governmental pension funds asset management please contact us at tel. (044) 201 41 35 or visit our site www.kinto.com.

* - The Prospectus of the Open Joint Stock Company “The closed-end corporate investment fund Synergy” is registered by the State Securities and Stock Market Commission. The Prospectus.