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INTERNATIONAL EXHIBITION GROUP & THE RUSSIAN UNION OF INDUSTRIALISTS AND ENTREPRENEURS FORM NEW EVENT MANAGEMENT ORGANISATION IN RUSSIA

International Expo RUIE Announces Aggressive Trade Fair Schedule in Moscow Concentrating on Leading Specialised Market Segments

(Stamford, CT & Moscow, Russian Federation - 18 July 2003)International Exhibition Group (IEG) and the Russian Union of Industrialists & Entrepreneurs (RSPP) today jointly announced the formation of a new event management organisation in Russia which will produce leading edge trade fairs serving the business to business community in the Russian Federation. The new company, "International Expo RUIE", will be based in Moscow, with worldwide offices in Stamford, CT (USA), Kiev, Ukraine & London (UK). Three trade fairs, "Health & Fitness Club Management", "Refrigeration & DeepFreeze" and "Development of Small & Medium-Sized Businesses" will take place in Moscow December 2003. Ten shows will be organised in 2004, including "InterNetSecurity" in Saint Petersburg in March in addition to new industrial fairs such as "Unconventional & Renewable Energy Sources", "Collection, Recycling & Disposal of Wastes" & "Commercial Vehicle & Bus" taking place in Moscow in the fall.

The joining of the industry's two leading organisers has created a powerful marketing force that has the ability to deliver important and relevant events for buyers and sellers throughout the entire Russian Federation & beyond. U.S. based IEG has a documented history as Comtek International of creating, developing and executing some of the largest and most successful "western" style trade fairs throughout Russia, Eastern Europe, and the United States including: Comtek, World Food, CEM, TRBE, Internetcom, CERF, and MODA. RSPP, founded in 1991, is the largest and most influential trade organisation in Russia with nearly 350,000 members from the industrial, scientific, financial, economic, commercial and business segments of the Russian corporate sector. RSPP represents the interests of enterprises that form more than 60 percent of the GDP of Russia and the organisation has the ability to deliver both sellers and volume buyers in most segments of Russia's most important and critical areas of interest. 26 of the FT-100 Eastern Europe are members.

According to Lenny Pollak, CEO of IEG "The formation of International Expo RUIE now gives global enterprises looking to enter, develop or protect their business in the Russian Federation an instant marketing partner within this nation of 150 million people spanning 11 time zones. RSPP's deep penetration within the structure of Russia's largest, most profitable enterprises will give suppliers access to buyers they never had before. This is an outstanding opportunity for IEG and our clients". Arkady Volsky, President of RSPP stated, "The IEG/Comtek story is legendary within Russia. They opened up numerous new markets in Russia for foreign companies in the 90's and they are a powerful, global marketing organisation. RSPP can deliver the local buyers and suppliers in key, high-emphasis markets and IEG brings the international expertise we needa perfect fit!"

For more information about International Expo RUIE or exhibiting at any of the upcoming events, contact Frank Fazio, IEG President, at USA# (203) 357-1400 or email to ffazio@iegexpo.com. In the Russian Federation, contact Gennadiy Zikeev, RSPP General Director at (7095) 748-3992 or email to Elena@exporspp.ru.

International Exhibition Group
76 Progress Drive
Stamford, CT 06902 USA (203) 357-1400
FAX (203) 356-1700
http://www.iegexpo.com