Parton distribution functions from the precise NNLO QCD fit

We report on the parton distribution functions (PDFs) determined from the NNLO QCD analysis of the world inclusive DIS data with account for the precise NNLO QCD corrections to the evolution equations kernel. The value of the strong coupling constant alpha(NNLO)(s)(M-Z) = 0.1141 +/- 0.0014 (exp.), in fair agreement with the one obtained using the earlier approximate NNLO kernel by van Neerven-Vogt. The intermediate bosons rates calculated in the NNLO using the obtained PDFs are in agreement with the latest Run II results. (c) 2005 Pleiades Publishing, Inc.