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``Skate's Art Investment Handbook,'' First Guide for Buying & Selling the...

NEW YORK -- Author Sergey Skaterschikov - an Expert in Financial Data Research & Analysis; Created First Stock Index to Russia's Markets

KunstAM GmbH, Austria will release Skate's Art Investment Handbook, an unbiased investment guide to buying and selling the world's

most expensive art, in November 2006. The book was first released in Russia in 2005 after being written as a guide for Russia's newly wealthy. After selling out within six months of publication there, it was expanded to serve a broader international market.

Skate's Art Investment Handbook is a combination of proprietary editorial and aggregated statistical data and describes a rational approach to investing in art with valuation drivers and market statistics along with a thorough description of the global art market's most important institutions, an analysis of how the art market compares to other investment markets, and a special supplement carrying the ratings of the world's 1000 most expensive artworks and 50 most valuable artists. It draws upon the unique research data prepared by Kunst Asset Management GmbH, a Vienna-based company providing international high net worth individuals and institutional investors with information and research supporting art investment decisions. Skate's Art Investment Handbook is supported with updated information and additional resources on that firm's web site, www.kunstam.com.

A 1994 recipient of Wall Street Journal's "Best Young Businessman of the Year in Central Europe" award, Sergey Skaterschikov is a Russian national who graduated from Moscow State University (American Studies) in 1994. He holds an MBA from Duke University, the Fuqua School of Business and started his first business, Skate Press, in 1992, at the age of 20. By mid-1998, Skate Press was the most trusted and internationally recognized name for financial information about the Russian capital markets. Today Sergey Skaterschikov is the driving force behind Kunst Asset Management Company and the principal shareholder and executive board member of IndexAtlas Ltd (www.indexatlas.com), a well-established business development, investor relations and corporate governance consulting firm servicing companies in North America, European Union, Russia and Ukraine.

Media Contact: For interviews, sample book contents and photographs contact Shannon Wilkinson, Cultural Communications, 212-505-1253 or contact@culturalcommunications.info

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