FOR FOREIGN PARTNERS

Dear colleagues!

We have honour to suggest your dear company cooperation, in the field of reinsurance.

Are glad to inform you, that, despite of deterioration of a conjuncture перестраховочного the market, Joint-Stock Company UASK ASKA gives favourable conditions, on entering reinsurance of property and cargoes, aviation risks, a civil liability of owners of vehicles.

It became possible owing to that the West-European overcautious persons-partners of Joint-Stock Company UASK ASKA have renewed all with our company договоры obligatory reinsurance.

Contracts of obligatory reinsurance have indirect section that allows us to offer the Ukrainian and Russian insurance companies of their capacity, namely:

The categories of the risks and limits of cover of the treaties:

• The contracts of insurance/reinsurance of the property and cargo are reinsured on the basis of excess of loss. ASKA's retention is USD50 000 per each loss. Capacity of the reinsurance treaty is USD 5 000 000.

• Additional section for the Ukrainian insurance companies is USD 3 000 000.

• Additional section for the Russian insurance companies is USD 1 000 000.

• Reinsurers under the treaty are &ndash the Leader &ndash HANNOVER Re (Germany, rating AA-) 70% of the liability, SCOR (France, rating BBB+) 30% of the liability.

• The contracts of insurance/reinsurance of aviation liability are reinsured on the basis of excess of loss. Limit of the treaty is USD20 000 000. The Leader is HANNOVER Re.

• The accident insurance/reinsurance contracts are reinsured on the basis of surplus. The capacity of the reinsurance treaty is USD50 000. The Reinsurer is Moscow Re.

• The contracts of insurance/reinsurance of motor TPL. The reinsurance treaty is a quota share contract. 90% of the liability is reinsured with SCOR. The capacity of the treaty is USD500 000.

• The contracts of insurance/reinsurance of the motor transport are reinsured on the basis of excess of loss. ASKA's retention is USD20 000 per each loss. The capacity of the treaty is USD100 000. The reinsurer under the treaty is TRANSATLANTIC REINSURANCE COMPANY (USA, rating AA).

• on contracts of aviation risks insurance (hull, accident with crew members up to USD50 000);

• on contracts of sea craft insurance up to USD30 000;

• on contracts of motor carriers liability insurance (CMR) up to USD100 000.

Cooperating with us you save your time and money while searching the acceptable reinsurance protection. We hope that the constant attention and understanding of your problems will become the arguments for starting our cooperation.

Contacts:

• Anna Butko - Vice president on Foreign Affairs&Reinsurance, phones in Donetsk: +38 0622 97 23 19, fax +38 062 382 81 91, E-mail: butko@aska.com.ua

• Direction on Reinsurance, phones in Kiev: +38 044 455 99 79, phone/fax +38 044 242 01 44.

• ASKA UJSIC CJSC representative office in Moscow, phones in Moscow: +8107 095 923 27 09, E-mail: aska-re@yandex.ru