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Hermitage Fund

The following Russian oil companies are among Bill Browder's best bets:

COMPANY               RETURN*
YUKOS                 2,170%
SURGUT HOLDING        1,971
SLAVNEFT              1,418
KOMITEK               1,043
SIBNEFT               974

*Since Hermitage purchased the shares through Aug. 15, 1997

DATA: UNITED FINANCIAL GROUP, HERMITAGE CAPITAL MANAGEMENT


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Updated Aug. 21, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.
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