YOUR WINDOW TO THE REAL ESTATE MARKET IN BELARUS!

Star PM – a property management developer, was founded in Minsk in Since it’s establishment, it has quickly gained a strong foothold in the property management market throughout Belarus. The company has experience in residential, commercial and retail properties. Currently the company is managing 14 projects in various cities throughout Belarus totaling a few hundred thousand square meters of development. Star PM head office is located in Minsk the capital of Belarus. Star PM now: offering services on property investment and management; currently managing 14 projects in 7 different regions in Belarus; cooperates with international legal, insurance, auditing, real estate and construction companies; leading specialists in the field of designing, construction and marketing work in the company. Our current portfolio include residential, commercial and retail properties. Our portfolio include the construction and management of business centers in Minsk as well as other regional cities of Belarus. Our retail portfolio includes a network of the shopping and entertainment centers “RADZIVILL”. Architects from Germany, Israel and Lithuania are involved in the designing of the shopping centers. Star PM’s professionalism is highly appreciated by foreign investors!

Modern business centre at Nemiga street, Minsk Location: This business centre will be located in the centre of Minsk in the Nemiga Street area (at the K.Libknehta and Gebeleva streets cross roads). Main characteristics: Plot of land – 0.21 hectares Total area of the building – sq.meters Investor: Grizzle Hawk Limited (Cyprus) Architects: “Base Element” Limited The object is planned to be completed: Spring 2011 Areas for sale include: Retail space from 75.0 sq.meters Office space from sq.meters Food court with 80 seats Description: Being located close to the central highways, railway and metro stations and to the historical centre of Minsk, will make this location an attractive building for prestigious companies to have their offices in this building. The design of the Business centre include a modern 8-floor building with a 2 floor underground parking. The detailed information:

Business centre at Antonovskaya street, Minsk Location: This Business centre will be located on Antonovskaya street which is in the heart of Minsk. Main characteristics: Built area, land plot – 1.2 hectares Total area of the building – sq. meters Investor: Brittle Star Limited (Cyprus) Architects: TМ 7 The object is planned to be Completed: Winter 2011 Areas for sales include: Office space from 30 sq.meters Food court with 60 seats Description: The building represents a high-rise "tower" standing on an underground parking lot. The modern 18-storey building of Business centre includes: two underground floors parking with 116 parking spaces; 1 st floor - a lobby with a cafe and restaurant; 2 nd till the 16 th floors - office premises. The detailed information:

The trading-entertaining centre in Brest Location: The trading-entertaining centre will be located in the heart of a densely populated residential area at 11 Kariernaya street. Main characteristics: Plot of land - 3 hectares Total area of the building – sq. meters Floors – 3 Parking spaces – 550 Investor: BRISK HOLDING (Luxembourg) S.à.r.l. Architects: MYS Architects, Israel The object is planned to be completed: Spring 2011 Tenants: Supermarket 9000 sq. meters Entertainment 2500 sq. meters Electronics 1500 sq. meters Food court from 1500 sq. meters Description: Having the supermarket, home appliances store, restaurants, and entertainment all under one roof as well as good parking area, will make it convenient for people not only to shop but to spend their free time with the family. The detailed information:

The trading-entertaining centre in Vitebsk Location: The construction of the trading-entertaining centre will be located in the central part of the city of Vitebsk. It is five minutes by foot from the bus and railway station. The shopping centre will be located on Budyonny and Zenkovoy intersectio. Main characteristics: Land plot – 2.3 hectares Total area of the building – sq.meters Quantity of floors – 3 Parking spaces – more 800 Investor: Verbant Investment Limited (Cyprus) Architects: MYS Architects, Israel The object is planned to be completed: Spring 2011 Description: The designed shopping centre has three 3 levels with trading and administrative-warehouse premises. Being close to the railway tracks makes it easier for deliveries. The shopping centre will include: grocery, boutique zones, banks entertainment area, food courts (cafe, restaurants, a fast food), and also a playground for children. The detailed information:

The trading-entertaining centre in Bobruisk Location: The new modern trading- entertaining centre will be located at the site of the Outside market "Zapadniy“. It is situated in northern part of the city of Bobruisk on a busy intersection in the heart of a densely residential area. Main characteristics: Land plot – 1.6 hectares Total area of the building – sq.m Quantity of floors – 3 Parking spaces – 350 Investor: BELARUS HOLDING (Luxembourg) S.à.r.l. Architects: MYS Architects, Israel The object is planned to be completed: Spring 2011 Description: The shopping centre will include: grocery, boutique zones, banks, entertainment area, food courts (cafe, restaurants, a fast food), and also a playground for children. The detailed information:

Quarter of dwelling construction in Minsk Location: In the borders of the streets V.Slutskoj's and Orshansky, Smorgovsky passage which is located in the Central district of Minsk. Main characteristics: Land plot – 0.67 hectares Quantity of floors – 18 Quantity of apartments - 91 Total area of apartments – sq.meters Investor: Grizzle Hawk Limited (Cyprus) Architect: “Lanterna” Limited, Minsk General Contractor: “Tekhstroyresurs” Limited The object is planned to be Completed: Spring 2011 Description: For architectural and design purposes the apartments will have glazed "French" balconies. Between the two residential buildings there will be underground parking with 80 parking spaces on top of which there will be children's play area as well as a sport field. The detailed information:

Dwelling house in Mogilev Location: It will be located in the Central region of Mogilev at Minsk lane. The apartment building design represents the reconstruction of a building with the landscape of the adjoining territory for leisure time activities. Main characteristics: Land plot – hectares Quantity of floors – 5 Ceiling height – 3.8 m Total area of apartments – sq.meters Investor: Mogilev LLC (Florida, USA) General Contractor: “StroyInvest” Limited The object is planned to be realized: Winter of 2010 Description: This elite apartment building represents a 5 floor building with individual entrances into the apartment building on the ground floor from all 4 sides. In total there are 27 apartments in the residential building. In the adjoining territory there will be playing area for children. The detailed information:

Engineering services As engineering services Star PM is ready to assist in the following tasks:  registration of the rights to the land plot or real estate;  development of the architectural concept of the site;  designing management and obtaining the needed permissions;  construction management;  management of completed construction object (maintenance, leasing, etc.);  capital costs management  representation of foreign investment companies in the Republic of Belarus (including the tax authorities).  for the realization of these tasks our company has all necessary materials including both financial and human resources. High-qualified engineers, technologists and lawyers work in the company; all this enables us to solve any problem in a professional and fast manner. The professional results of our company are supported by the positive feedback from our clients, with whom we have long-term relations. Star PM actively cooperates with international legal, insurance, auditing, real estate and construction companies. Our partners are well-known companies such as SORAINEN (international legal office, Minsk), MYS Architects (architectural office, Israel), Lohmann Architects (an architect's office, Germany), B&B Insurance Co. (international insurance company).

The detailed information: Business meetings in Belarus Star PM can organize business meetings for investors as well as acquaintance with various investment proposals in Belarus. The various meetings organized with our help will give you as an investor a clear objective picture of the investment climate and various investment proposals in Belarus. We offer the following services:  hotel reservation in Minsk and regional centers of Belarus,  visa invitations,  transfers with English-speaking guides from the airport or to and from the train station,  organization of business meetings and negotiations,  presentation of investment projects and Star PM construction projects,  meeting with international auditors and legal companies in Belarus;  organization of the entertaining program (excursions, visiting of theatres, etc.). Contact us and we shall:  Prepare an appropriate program for your business trip according to your wishes and goals,  Supply you with all needed information on your request,  Arrange the full program of meetings and visits in order to guarantee you a successful start in Belarus. Star PM invites all prospective investors in the real estate market to the very exciting and profitable opportunities in Belarus!

The detailed information: New projects - Shopping centres Both shopping centres will have 2 trading and one or two office floors. Under the preliminary concept, the space will be divided as follows:  1st, 2nd floors - boutiques in the size starting from 20 up to 200 square meters. The boutiques will accommodate shops of designer clothes, perfumery, cosmetics, cellular telephones, etc. On the first floor a medium sized hypermarket will also be located. On the second floor different food courts will be located.  3rd, 4th floors – various entertainment area with a children's game complex as well as office space. Location: Grodno, Belarus Size of land plot 20,000 sq m Gross Size of Building 25,000 sq m Net Size of Building 20,000 sq m Number of Floors 3 Location:Gomel, Belarus Size of land plot 10,000 sq m Gross Size of Building 25,000 sq m Net Size of Building 20,000 sq m Number of Floors 4-5

The detailed information: New projects - residential and commercial properties Business centre at Pobeditelei Avenue, Minsk Total Rentable/Sellable sq. m 22,000 sq m Total Gross Sq. meters 27,500 sq m Size of Land 3,000 sq m Parking spaces more 50 1st, 2nd floors - boutiques in the size starting from 20 up to 200 square meters. The boutiques will accommodate shops of designer clothes, perfumery, cosmetics, cellular telephones, etc. On the first floor a medium sized hypermarket will also be located. 2nd to 22nd floor – office space VIP Residential, Minsk Total Sellable sq. meters 5,340 sq m Area of construction: Total Gross sq. meters 6,408 sq m Residential 4,412 sq m Size of Land 3,000 sq m Office 928 sq m The building will have one office and 5 residential floors. Under the preliminary concept, the space will be divided as follows: 1st floors – Elite office space 2nd to 6th floor – VIP Residential area Underground parking (60 garages)

Star PM offers services on investment, construction and management projects in Belarus. Star PM is your window to the real estate market in Belarus! We are ready for cooperation and dialogue! Tel./fax ( ) Web-site: