1. The new composition of the Committee on the Republic of Azerbaijan's Extractive Industries Transparency Initiative established by the N224 Ordinance of the Cabinet of Ministers of the Republic of Azerbaijan dated November 13, 2003 is herewith confirmed to consist of following people:

Chairman of the Committee:

Movsumov Shahmar Arif oglu - Executive Director of the State Oil Fund

Members of the Committee:

Ibrahimov Rafael Tofig oglu - Extraordinary and Plenipotentiary Ambassador of the Republic of Azerbaijan in the United Kingdom of Great Britain and Northern Ireland

Salimov Rauf Agamammad oglu- Director of the department for Industry, Transportation and Communication Statistics of the State Statistics Committee

Fatizadeh Zaur Intigam oglu- Head of the Economic Analysis and Registration Planning Department of the Ministry of Taxes

Nasirov Elshad Mustafa oglu- Vice-President on Investment and Marketing of the State Oil Company of the Republic of Azerbaijan

Gasimov Nizami Yunis oglu- Director of the Fiscal and Monetary Politics Division of the Economic Policy and Forecasting Department of the Ministry of Economic Development

Hacikerimov Gazi Ibadulla oglu - Director of the National Geological Prospecting Department of the Ministry of the Ecology and Natural Resources

Khalilov Firdovsi Alasgar oglu - Director of the Sector for Financing of Energy and Fuel Complex of the National Economy Financing Department of the Ministry of Finance

Muradov Feyzulla Mezahir oglu - Director of the Regional Development Division of the Department of Investment Policy and Reconstruction of Enterprises of the Ministry of Industry and Energy

ShikhaliyevAshraf Farhad oglu - Director of the Economic Cooperation and Development Department of the Ministry of Foreign Affairs

2. This Ordinance comes into force upon being signing.

Artur Rasizadeh,

Prime Minister of the Republic of Azerbaijan

November 30, 2006 Baku