CPC and its Shareholders are fully aware of the social responsibility of their business as a moral and ethical commitment to the communities where the crude pipeline route goes, this being reflected in the Company’s diverse charities aimed at social help to the destitute, education, creative and intellectual development of people, living in these regions.

   CPC Shareholders and Management have a good understanding that today when there is a drastic social stratification of the society one cannot stay indifferent to the complicated position of poor and socially unprotected population. Harmonious development of business and social environment surrounding it is a guarantee of stable, long-term and successful work of any enterprise.

   CPC that strives to be the most successful joint stock company in the CIS and has been created to operate for the long-term perspective pays particular attention to social and humanitarian components of its business.

   The key trends of charitable funds allocation include the following: help to children from poor families, orphanages, support to education, culture and sports, assistance in acquisition of equipment for medical institutions, help to veterans, aged people and invalids. Allocating substantial funds to charity the Company strives to avoid dissipation of resources and no-purpose disbursement of funds, granting targeted charities and aiming at long-term target programs.

   One of the key components of CPC successful work is the good business contact with the Administrations of all Regions, thanks to which concrete charitable actions have been clearly developed and are steadily being implemented under the long-term agreements executed with the Region Administrations. Permanent working meetings between CPC representatives and managers and employees of the social sphere in the Regions help to coordinate joint actions and make necessary and timely adjustments to the charity plans.

   The CPC latest most significant charity programs include the following: supply of expensive medical equipment to the 1st Municipal Hospotal in Novorossiysk, Anapa, Astrakhan Oblast hospitals, help in gasification of settlements in Astrakhan Oblast, development work at the stadium of the Youth Sports School in Astrakhan, supply of vehicles for the needs of Krasnodar Krai schools, sewing of school uniforms for the first-year pupils in Kalmykia and Stavropol Krai, allocation of grants to students in Astrakhan Oblast and many other things.

   Since 1998 CPC has been a sponsor of the program called “CPC – to talented children” aimed at identification of talented children from low-income families. This program started in Krasnodar Krai and proved to be a tremendous success, and by the year 2001 it was expanded to all Russia’s regions cooperating with CPC and Atyrau Oblast in Kazakhstan.

   The New Year’s Eve parties and gifts, traditionally sponsored by the Consortium, have become a tradition and make happy thousands of children and aged people in dozens of social institutions.

   A new charity program, dubbed “CPC to Veterans,” commenced on Victory Day, May 9, 2002. This program includes all 24 districts of the four Regions of the Russian Federation along the CPC crude pipeline route. CPC invited over 1,200 veterans of the Second World War, veterans of other wars, widows of veterans, and home front workers to holiday dinners. All those invited received a package of food products in addition to the invitation. Both the dinners and gifts brought tremendous joy to the veterans and were greatly appreciated.

   Sincere appreciation is best expressed straight-from-the-heart, as it is in these letters of thanks received by CPC, and it is the key appreciation of CPC charities, not the official honorary certificates with pompous titles such as “To the Best Maecenas”. Below are just a few lines from the letters: «We are deeply appreciative of the aid rendered by CPC to our Social Rehabilitation Center for Adolescents. It is hard to express the gratitude of our staff for the happy flicker in the eyes of our children. If there are still people like you who can make children happy, then we can hope that the future for our country will not be bleak and unpromising. Thank you very much with all our heart. Employees of the Social Rehabilitation Center for Adolescents, Ust-Labinsk, Russia»;“Administration of the health resort town of Anapa would like to express its deep gratitude to CPC-R for participation in the Marathon “Business Anapa – to Children”. You contribution in the support and development of children creative teams of Anapa Region has promoted improvement of mastery of hundreds of Anapa young citizens and has become just another step to the world of kindness and compassion. V.V. Astapenko, Head, resort town of Anapa”.