Vasil Kisil & Partners joins U.S.-Ukraine Business Council (USUBC)

24/06/2008

WASHINGTON, D.C. - The executive committee of the U.S.-Ukraine

Business Council (USUBC), on behalf of the entire membership, is most pleased to announce that Vasil Kisil & Partners law firm has been approved for USUBC membership. The law firm is USUBC member number 85.

The majority of the firm's partners commenced to practice law in 1987 by establishing one of the first legal practices in Ukraine.

In 1992 they decided to combine their professional experience and efforts to create a Ukrainian law firm, which would meet internationally accepted professional and ethical standards of legal practice.

The firm specialises in matters that require diligently tailored solutions, extensive experience, and direct personal attention of partners working with a team of recognised professionals. Vasil Kisil & Partners is one of the oldest private law firms in Ukraine and has many large international companies as clients.

The partners are: Vasil I. Kisil, senior partner; Oleg A. Makarov, managing partner; Oleg Y. Alyoshin; Oleksiy V. Filatov; Oleksandr A. Khomenko and Denis Y. Lysenko.

VASIL KISIL & PARTNERS & UKRAINIAN AMERICAN
BAR ASSOCIATION


Vasil Kisil & Partners has established an affiliation with The Ukrainian American Bar Association (UABA), a U.S. entity. UABA is a member of USUBC. Andrew Pidgirsky serves as chairman of the UABA Board of Governors, and is a member of the USUBC executive committee.

LEGAL SERVICES FROM VASIL KISIL & PARTNERS

Vasil Kisil & Partners (VKP) law firm offers a full corporate legal service to Ukrainian and international clients as well as a range of advice to private individual clients.

VKP’s industry expertise includes Agriculture & Food, Financial Institutions, Chemicals, Commodities and Raw Materials, Hotels & Leisure, Insurance, Media, Oil & Gas, Pharmaceuticals, Real Estate & Construction, Shipbuilding, Steel, Telecommunications and Transport.

The major areas of their legal practice include:

Antitrust & Competition
Banking & Finance
Corporate / M&A
Dispute Resolution
Energy & Natural Resources
Intellectual Property
International Trade
Labour & Employment
Real Estate
Tax

More information can be found at the Vasil Kisil & Partners website: http://www.kisilandpartners.com/en.

"The U.S.-Ukraine Business Council (USUBC) is most pleased to have Vasil Kisil & Partners join the rapidly expanding USUBC membership." said Morgan Williams, SigmaBleyzer, who serves as President of USUBC.

USUBC MEMBERSHIP NOW TOTALS EIGHTY-FIVE

Vasil Kisil & Partners is the 85th member for USUBC, the 33rd new member for 2008, and the 63rd new member since January of 2007. USUBC member-ship has nearly quadrupled in the past 18 months, going from 22 members in January of 2007 to 85 members in June of 2008. USUBC membership is expected to top 100 within the next two or three months.

The other new members in 2008 are MaxWell USA, Baker and McKenzie law firm, Och-Ziff Capital Management Group, Dipol Chemical International, MJA Asset Management, General Dynamics, Lockheed Martin, Halliburton, DLA Piper law firm, EPAM Systems, DHL International Ukraine, Air Tractor, Inc., Magisters law firm, Ernst & Young, Umbra LLC., US PolyTech LLC, Vision TV LLC, Crumpton Group, American Express Bank, a Standard Chartered group company, TNK-BP Commerce LLC, Rakotis, American Councils for International Education, Squire, Sanders & Dempsey LLP, International Commerce Corporation, IMTC-MEI, Nationwide Equipment Company, First International Resources, the Doheny Global Group, Foyil Securities, KPMG, Asters law firm, Solid Team LLC and R & J Trading
International (http://www.usubc.org/members.php.)

BUSINESS INVESTMENT DRIVES UKRAINE'S INTEGRATION

Ukraine's Euro-Atlantic integration is first and foremost today being driven
by the private business community in Ukraine, Europe, and the United States.

"Ukraine's aspirations for Euro-Atlantic integration, to be a major member of the world's community of strong, democratic, independent, prosperous, private business sector driven nations, will be realized largely through the
present leadership and investments from the business community and then hopefully with some real support later from the politicians and government leaders," wrote Morgan Williams, SigmaBleyzer, who serves as President
of USUBC, in a recent article published by the "Welcome to Ukraine"  magazine.

"While the politicians of many countries, including Ukraine, argue and debate about whether Ukraine should ever be given a MAP for eventual NATO membership and when, if ever, Ukraine will have the opportunity to join
the European Union the Ukrainian and international business communities are moving rapidly ahead with large-scale economic and business integration."

"This integration is being accomplished in spite of a general lack of new reforms being implemented by the government and the high level of political instability that has existed for the last several years which has hurt the
number of new jobs created, the level of wages, the development of a modern business infrastructure and the creation of wealth, " according to Williams.