From: Micheal Dubov
To: Hypocritical Ross
Subject: Letter:Business Proposal

12th May,2006
The Financial Officer
YUKOS OIL COMPANY,

I,Micheal V. Dubov , of YUKOS OIL COMPANY, representing Mr.
Mikhail
Khodorkovsk(M.K.) and would like to ask for your partnership in
re-profiling funds over US$100.5million.

I will give the details, but in summary, the funds are coming
via private
bank and this is a legitimate transaction. You will be paid 8%
for your
“management fees”.If you are interested, please write back and I
will
provide further instructions.Keep this confidential.

Finally, please note that this must be concluded within a short
time.Write
me back.
I look forward to it.

Sincerly,
Micheal Dubov

—————————————————————

From: Hypocritical Ross
To: Micheal Dubov
Subject: RE: Letter:Business Proposal

Micheal-

I am very interested and would love to know more information about this lucrative opportunity. It sounds really great!

Thanks,
Ross

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