1. RUSSIAN AIR CONDITIONER MARKET TRENDS IN 1994-2003

INITIAL RUSSIAN AC MARKET SATURATION

CRITICAL YEAR

CURRENT STAGE OF RUSSIAN AC MARKET DEVELOPMENT

2003 SITUATION

2. SUPPLY & SALES & REMAINDERS

3. RUSSIAN AC MARKET STRUCTURE

3.1 CLIMATE EQUIPMENT TYPES

3.1.1 HOUSEHOLD SPLITS

3.1.2 MULTI-SPLITS

3.1.3 SEMI-INDUSTRIAL AIR CONDITIONERS (PAC)

3.1.4 WINDOW AIR CONDITIONERS

3.1.5 MOBILE AIR CONDITIONERS

3.2 OTHER STRUCTURAL FEATURES

3.2.1 HEATING SYSTEMS SHARE

3.2.2. HCF COOLANT EQUIPMENT

3.2.3. INVERTER TYPE MODELS

3.3 CONSUMER MARKET STRUCTURE

3.3.1 CORPORATE CONSUMER MARKET

3.3.2 SALES TO OWNERS OF LUXURY APARTMENT

3.3.3 SALES TO OWNERS OF STANDARD APARTMENT

A1. 2003 BRANDS’ SALES

A.1.1 JAPANESE BRANDS

A1.1.1 PANASONIC

A1.1.2 DAIKIN

A1.1.3 FUJITSU GENERAL

A1.1.4 MITSUBISHI HEAVY

A1.1.5 MITSUBISHI ELECTRIC

A1.1.6 TOSHIBA

A1.1.7 HITACHI

A1.1.8 FUJI

A1.1.9 CHOFU

A1.1.10 SANYO

A1.1.11 SHARP

A1.2. KOREAN EQUIPMENT

A1.2.1 LG

A1.2.2 SAMSUNG

A1.2.3 HYUNDAI

A1.2.4 DAEWOO

A1.2.5 GENERAL ELECTRIC

A1.3. CHINESE EQUIPMENT

A1.3.1 GREE

A1.3.2 BALLU

A1.3.3 SHIVAKI

A1.3.4 MIDEA (JAX)

A1.3.5 TOYO

A1.3.6 HAIER

A1.3.7 SATURN

A1.3.8 AKAI

A1.3.9 POLAR BEAR

A1.3.10 GOLF

A1.3.11 POLARIS

A1.4. ISRAELI, EUROPEAN, MALAYSIAN, AMERICAN & RUSSIAN AC

A1.4.1 MCQUAY

A1.4.2 ELECTRA

A1.4.3 DELONGHI

A1.4.4 ROLSEN

A1.4.5 TADIRAN

A1.4.6 CARRIER

A1.4.7 AIRWELL

B1. AC DELIVERY CHANNELS TO THE RUSSIAN MARKET SPECIALIZED COMPANIES & TRADING HOUSES

B1.1 TRADING HOUSES AC SALES

B1.2 SPECIALIZED COMPANIES’ SALES

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