General Director

The sole executive body of the Company is the General Director, who is responsible for the day- to-day operation and management of the business. The General Director is elected by the Board of Directors. The General Director is accountable to the General Meeting of Shareholders and Board of Directors of the Company. The General Director acts on behalf of the Company without a power of attorney, representing its interests, entering into transactions and otherwise dealing with operational matters.

OJSC Mostotrest has experienced senior management team combining a wealth of industry experience and modern management practices.

Vladimir Vlasov, General Director

Mr. Vlasov has been General Director of Mostotrest since joining the Company in September 2006. Mr. Vlasov has more than 15 years of managerial experience, including more than four years in the infrastructure development industry. Prior to joining the Group in 2006 Mr.Vlasov held various managerial positions in the expeditor companies in the sea ports of Murmansk and St.Petersburg, Severstaltrans, and in 2000-2005 served as a general director of OJSC Holding Company Kolomensky zavod. Mr. Vlasov also serves as a director of the Company.

He graduated from the Russian Academy of the National Economy in 2006, and holds a Master of Business Administration from the Russian Academy of the National Economy.