Agreement No. P - 043 / 00
                                    AGREEMENT

        ON PROVISION OF EXPRESS DELIVERY TRANSPORT & EXPEDITION SERVICES

    Moscow                                                     February 23, 2000

         Present agreement has been concluded between OOO [United Parcel service
(RUS)] in the person of general director  Shatskikh Ivan Viktorovich,  acting on
the basis of the Company's  Charter,  hereinafter named as UPS, and ZAO [Oxiris]
in the person of general director Dolgov V. A.,  hereinafter named as Client, on
the following:

                                   1. SUBJECT

         1.1.  UPS  provides  the  Client,  within the period of validity of the
present  agreement,  with the  complex of  transport  -  expedition  services of
express - delivery of documents and cargoes  (hereinafter  express - cargoes) in
accordance  with the  principle  of [from door to door] to  various  destination
points in countries served by UPS.

                                   2. GENERAL

         2.1.  UPS  accepts  for sending  express - cargoes of  documentary  and
documentary free type.

         2.2.  Conditions  of  shipments  carried  out by UPS  are  governed  by
regulations of Convention on the Unification of Rules of International  Shipment
of  Cargoes by  Aircraft  of  October  12,  1929,  Additional  Protocol  for the
Convention  mentioned  of  September  28,  1955 and  Convention  concerning  the
Agreement on  International  Road  Shipment of Cargoes of May 19, 1956, on which
basis the [Conditions of shipment] of UPS listed in way - bill were developed.

         2.3. The present  agreement  and way - bill with listed  Conditions  of
shipment of UPS, which is put in order while transporting any separate express -
cargo,  are  inherent  parts of each  other,  which allow to  determine  will of
parties, which have concluded the present agreement.

         2.4.  Express - cargoes not forbidden by the  Conditions of shipment of
UPS and  legislation  of  countries  of dispatch,  transit and  destination  are
accepted for sending.

         2.5. UPS has the right to check correspondence of the cargo description
provided  by Client  in the way - bill and  accompanying  documents  to its real
contents.

         2.6.  UPS has the right to delay  express - cargoes,  the  contents  of
which is forbidden to be sent,  and also destroy or permit to destroy  express -
cargoes, the contents of which may cause damage of other cargoes, creates danger
to life and health of UPS workers or third  persons,  if this  danger  cannot be
eliminated by other means.

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                               3. UPS OBLIGATIONS

         3.1. UPS takes all reasonable  measures to deliver express - cargoes to
a destination point within the shortest periods of time.

         3.2.  UPS   provides  all  sent  and  received   cargoes  to  a  Custom
legalization in accordance with the Russian legislation.

         3.3.  Acceptance of express  cargoes for sending is  implemented by UPS
courier in the time and place agreed by the parties in advance.

         3.4. At Client's request, UPS presents information on goods delivery.

         3.5.  UPS for  gratis  provides  Client  with  air  craft  way - bills,
standard packing and reference materials as required.

                            4. UPS RESPONSIBILITIES

         4.1. In case of loss or damage of an item of mail of non -  documentary
type  through  the fault of UPS,  UPS  indemnifies  to Client  the cargo  value,
however, in an amount not exceeding the sum equivalent to 100 USA dollars.

         4.2.  Client may increase the limiting  amount of indemnity  for losses
occurred through the fault of UPS to an equivalent of 50,000 USA dollars per one
place  of  express  cargo of non -  documentary  type.  To do it,  he can make a
corresponding  entry to the column  [Declared  Value of Shipment  for  Insurance
Only],  undertaking at the same time the obligations for additional payments for
the value declared in accordance with tariffs of UPS.

         4.3.  Provisions  as per items 4.1.,  4.2. are not applied to express -
cargoes of documentary type.

         4.4. UPS bears no responsibility  for loss or damage of cargo forbidden
to be sent,  including  the case,  when such a cargo was accepted for sending by
mistake.

                              5. CLIENT OBLIGATIONS

         5.1.  Client  guarantees  readiness  of  the  cargo,  availability  and
correctness of filling in accompanying documents as required.

         5.2.  Client  bears   responsibility  for  correctness  of  information
concerning sender, recipient, value and contents of the express - cargo.

         5.3. Client bears responsibility for packing the express - cargo, which
ensures its safe keeping in the course of shipment.

         5.4. Client guarantees to pay bills for UPS services in accordance with
provisions of section 6.
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                        6. TARIFFS AND TERMS OF PAYMENT

         6.1.  Payment for UPS services is implemented in accordance  with valid
tariffs.  The  valid  tariffs  do not VAT  and  sales  tax,  in  case  they  are
applicable.  The valid tariffs may undergo changing,  on which UPS undertakes to
inform Client in advance.

         6.2.  Payment of bills for UPS services is  implemented  through a bank
remittance  in  Russian  rubles  at a rate of the  Central  Bank of the  Russian
Federation at the date of payment plus three  percents.  Bills are subject to be
paid within 7 calendar days.

         6.3.  While  paying for UPS  services by cash or through  credit  card,
settlements  are  carried  out at a rate  established  by UPS  for  the  date of
payment.

         6.4. Terms of payment for shipment by recipient or the third person are
coordinated by the Supplement, which is inherent part of the present agreement.

         6.5. Fine for delay of Client's  payment for UPS services in accordance
with the present agreement is equal to 0.5 % per one calendar day of delay.

         6.6. In case of Client's non - payment bills for UPS services within 30
calendar  days,  UPS has the right to suspend  providing  services in Accordance
with the present agreement, until the payment has been made.

                                7. FORCE MAJEURE

         7.1.  None of the parties bears any  responsibility  to the other party
for delay or non - execution of obligations,  which are caused by  circumstances
of force majeure,  which occurred against of parties' will and desire, and which
could not be  foreseen  or avoided,  including  declared  or actual  war,  civil
disturbances,  epidemics, blockade, embargo, and also earthquakes, floods, fires
and other natural calamities.

         7.2.  The  party,   which  cannot  execute  its   obligations   due  to
circumstances of force majeure,  shall immediately notify the other party on the
circumstances specified.

         7.3. In connection with occurred  circumstances  of force majeure,  the
parties  shall sign the  statement  on  termination  of  validity of the present
agreement  or  coordinate   joint   actions   towards   overcoming   unfavorable
consequences of the circumstances specified.

<PAGE>

                       8. ORDER OF ARGUMENT EXAMINATION.

         8.1.  Arguments,  which may  appear in the course of  execution  of the
present agreement and corresponding  additional agreements,  are settled between
the parties in the course of negotiations.

         8.2. All disagreements and arguments arisen ion the course of execution
of the present agreement and corresponding  additional  agreements and unsettled
in the course of  negotiations  are subject to be transferred for examination to
the Court of arbitration of the Russian Federation.

                  9. VALIDITY AND TERMINATION OF THE AGREEMENT

         9.1.  The  present  agreement  comes into force since the moment of its
signing by both parties. The agreement is concluded for the period of 1 year and
automatically  prolonged for the next period, if none of the parties notifies in
written  form on its will to cease the  agreement  not later than 1 month before
the expiration of the term of validity of the agreement.

10. LEGAL ADDRESSES AND BANK DETAILS
 OF THE PARTIES.
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UPS:                                                       Client:
-----                                                      -------
<S>                                                        <C>
OOO[united Parcel Service (RUS)]                           ZAO[OXIRIS]
Russia,   123557,   Moscow,   B.  Tishinskii   lane,       117802, Moscow,
building 8 / 2.                                            Nauchny passage, 12
INN 7707280394                                             INN 7706200205
Settlement account 40702810500700701026                    Settlement account 40702810700030000049
in KB[Sitibank T / O](OOO), Moscow                         in KB[Evrozapsibbank]
BIK 044525202                                              BIK 044585726
Correspondent account 30101810300000000202                 Correspondent account 30101810000000000726
Currency account 40702840300700701018                      OKPO 51260913
in KB[Sitibank T / O](OOO), Moscow                         OKONKh 71100, 71200, 71500
Correspondent account 36087478 in Citibank New York
SWIFT CITIRUMX
<PAGE>

9. SIGNATURES OF THE PARTIES.

UPS:                                                       Client:
General director                                           General director
OOO[United Parcel Service (RUS)]
(Signature) /s/Shatskikh I. V.                             (Signature) /s/Dolgov V. A.
            ------------------                                         ---------------
(Seal)                                                     (Seal)
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