OFFICIAL NEWS


PRESIDENT OF THE REPUBLIC OF AZERBAIJANHIS EXCELLENCYMR. ILHAM ALIYEV

Dear Ilham Heydarovich,

First of all, accept our heartfelt congratulations on Your election as President of the Republic of Azerbaijan with the support of overwhelming majority of the people.

Your victory in the presidential elections is the greatest pleasure to our company.

We express our readiness to further aim our efforts at effective enhancement the projects on development the deepwater “Azeri-Chirag-Gunashli” field and construction of the Baku-Tbilisi-Ceyhan oil pipeline as well as to contribute to economic development of Your country and expanding economic relations between Japan and Azerbaijan.

We would be very happy to have the opportunity to meet with You in the near future, congratulate You once again and ask You for friendly support of our company’s activity.

We sincerely wish You good health and every success in work, as well as further development of the Republic of Azerbaijan under Your great leadership.

Finally, allow us to extend best wishes for speedy recovery for Your father, from whom we have always had kind and warm assistance and support.

Yours respectfully,

Kunihiko Mazuo

President of “Inpex Corporation”

Tokyo, October 29, 2003

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