Welcome to the U.S.-Ukraine Business Council

KPMG-Ukraine Opens New Office in Donetsk

U.S.-Ukraine Business Council (USUBC)
Washington, D.C., Wednesday, June 4, 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 KPMG has been approved for USUBC membership.
KPMG-Ukraine is USUBC member number 81.

KPMG is a global network of professional firms providing audit, tax and
advisory services. KPMG operates in 148 countries and have more than
113,000 professionals working in member firms around the world.

KPMG-Ukraine Ltd. is a company incorporated under the Laws of Ukraine
and a member firm of the KPMG network of independent member firms
affiliated with KPMG International, a Swiss cooperative. 

Mason Tokarz is the Managing Partner of KPMG-Ukraine Ltd. and will
represent KPMG on the USUBC board of directors.


As a member firm of one of the world's leading professional services
organizations, KPMG in Ukraine brings clients technical skills, solid
practical experience and wide industry and sector knowledge which provide
clients with a competitive edge over their competitors. Their goal is to help
our clients not only compete, but become marketplace leaders.

KPMG in Ukraine has established multi-disciplinary teams of Ukrainian and
expatriate professionals which provide focused services to Ukrainian and
foreign clients. They apply a rigorous approach to assist their clients in
defining their business or investment objectives and then work with them to
achieve those objectives.

The following are some of the potential benefits KPMG provides to their
clients in Ukraine:

  a.. understanding of the local business environment
  b.. industry-specific focus
  c.. broad based experience
  d.. combined delivery teams
  e.. tangible return on investment
  f.. well-established assessment and implementation methodologies
  g.. flexibility to match client culture
  h.. access to KPMG's global resources.


On May 22, 2008 KPMG in Ukraine announced the opening of its office in
Donetsk. With their business expanding rapidly across Ukraine, KPMG felt
is was important to have the resources in the right place at the right time to
meet the needs of their clients.

Mason Tokarz, Managing Partner, KPMG in Ukraine, said: "The Donetsk
region is home to some of the largest and most recognized companies in
Ukraine. It has a dynamic local economy, and is attracting considerable
interest from investors all over the world.

Our decision to open the office in Donetsk is aimed to better serve our
existing clients in the area, and to develop relationships with potential clients
in the region of Donbass".

Anna Parkhomenko, who will direct the team in the new office, stated: 
"We are looking forward to the launch of our new team in Donetsk, which
consists of professionals at various levels with various specialized skills.

The team is excited about the opportunities arising as a result of the opening in
Donetsk. At KPMG, we are committed to contributing as much as possible
to the development of the business environment in this important region of

For more information about KPMG-Ukraine click on: www.kpmg.kiev.ua.


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

"The international and domestic business community is now the main
driving force regarding Ukraine's integration into the world. It is important
for the business community to work together to influence the government
to adopt more reforms that will bring Ukraine's laws and standards more
into line with internationally accepted practices," Williams said.


KPMG-Ukraine is the 81th member for USUBC, the 29th new member for
2008, and the 59th new member since January of 2007. USUBC membership
has more than tripled in the past 18 months, going from 22 members in January
of 2007 to 81 members in June of 2008.

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 and
Foyil Securities.

The complete USUBC membership list and other information about
USUBC can be found at: http://www.usubc.org.