May 23, 2011: Ernst and Young Academy of Business

Dear Colleagues!

Ernst and Young Academy of Business invites you to take part in the first Ernst and Young Summer Academy!

It is a unique opportunity to combine business program and leisure time activities in SPA Hotel situated on the shore of Gulf of Finland!

Ernst and Young leading experts in the field of business consulting, taxation and audit will share their experience on such hot topics as:

► Application of bank finance international best practices in Russia

► Corporate risk management

► Corporate fraud: detection and investigation

► Hot issues of taxation in Russia

► IFRS and Russian financial accounting update

► International standards of investment real estate appraisal

► And much more

Dates: 8-10 July 2011 г.

Place: Aquamarin SPA Hotel, Zelenogorsk

For more detailed information on Ernst and Young Summer Academy please visit this link: http://www.ey.com/Publication/vwLUAssets/EY-Summer-Academy/$FILE/EY%20Summer%20Academy%20Agenda_2011.pdf

Participation Fee per person

Registration Terms	Prior to May 10, 2011	Prior to June 10, 2011	Prior to June 20, 2011
If registering one company employee	39 000 RUR*	43 000 RUR*	50 000 RUR*
If registering two or more company employees	37 000 RUR*	41 000 RUR*	47 000 RUR*

The fee covers:

► Participation in the business program

► Single room for two nights July 8 -10, 2011

► Full board

► Morning use of SPA complex

* VAT 18% will be added.

Attention! Number of participants is limited!

For more information and to register, please contact Galina Gapotchenko by phone (812) 336 7122 or by email Galina.Gapotchenko@ru.ey.com.