Analytical Information Agency, Russia
May 7 2004

Russia’s 8th amid CIS countries in industrial production growth in Q1.

Russia was the eighth amid CIS countries with 7.6% industrial
production growth in Q1, according to the preliminary data of the CIS
Statistics Committee.

Only Azerbaijan (4.2%) and Armenia (2.8%) were behind. No data on
Turkmenistan and Uzbekistan is available.

Ukraine is still the growth leader (+18.8%), Georgian is the 2nd
(+17.3%), Moldova – the 3rd (+16.7%).

The average growth for ten CIS countries stood at 9% in Q1 vs. 7% a
year earlier.