Based on the materials from the company’s official web-site.

9-month results for 2006 show a 5% decrease in mined ore from the same period in 2005 to 1,962 th. tons. This decrease was primarily due to a 7% drop in open-pit mined ore (to 1,609 th. oz.). At the same time, ore mined from underground operations increased 5% to 353 th. oz.

The drop in open-pit mining volumes was due to a temporary problem at the Vorontsovskoye deposit related to pit drainage. The increase in volume from underground mining was primarily because of positive results at Dukat.

Processed ore increased 14% in the first nine months of 2006 (compared to the first nine months of 2005) and reached 2,186 th. tons. This increase is primarily due to two factors: increased production capacity at Khakanjinskoye and the growth in production at Vorontsovskoye"s Stage II.

During the first nine months of 2006, gold production rose 2% to 186 th. oz., again primarily due to increased production capacity at Vorontsovskoye"s Stage II.

As previously forecast, the Company"s silver production declined 7% in the reported period to 12,965 th. oz. This decline was due to long-term developments at the Lunnoye deposit, including: a lower average ore head grade and the transition from open pit to underground mining.

9-month gold sales increased 7% to 185 th. oz. And the average sales price1 increased dramatically to 602 USD/oz., compared to 424 USD/oz. for the same period in 2005. The average sales price of gold in Q3 "06 was 620 USD/oz. compared to 425 USD/oz. in Q3 "05.

Silver sales for the reported nine-month period (2006) were 12,927 th. oz. - a 7% drop from the previous year’s figures. This fall-off is the result of a dip in silver production during the same period. However, the average sales price of silver2 increased significantly to 8.8 USD/oz., compared to 7.1 USD/oz. in the same period in 2005. Third quarter figures also mirrored this increase. The average sales price for Q3 "06 was 8.9 USD/oz., compared to 7.1 USD in the same period in 2006.