MÁV-TRAKCIÓ Railway Traction Private Company Limited by Shares

2 The MÁV Group MÁV Co. (Infrastructure Division) MÁV-START Co. (Passenger Transport) MÁV-TRAKCIÓ Co. (Railway Traction) MÁV-GÉPÉSZET Co. (Mechanical Engineering) Other consolidated subsidiaries The MÁV Group’s Structure

3 Supervisory BoardBoard of Directors CEO General Assembly Staff Internal Controlling Legal Security Secretariat Strategy and Business Development OperationsFinanceHR Regional Traction Service Centres (6) MÁV-TRAKCIÓ Co. Organisational Chart Quality Control

4 Operations Engineering Regional Traction Service Centres (6) Traction Vehicle Management Traction Vehicle Maintenance Technology Traction Vehicle Operation Technology HR Management HR Management Technology Operation Management Traction Service Sites Sales and Operations Controlling Customer Services Performance and Revenue Accounting

5 To provide competitive services with punctuality and reliability To maximise satisfaction of our partners’ demands To improve quality standards continuously To maintain our strong position in the home market To foster cooperation with railway companies at home and in neighbouring countries To create a balance between market-based operations and upholding tradition Aims and Mission

6 Customer-oriented approach Rationalised cost structuring Transparent internal processes Continuous equipment modernisation Environment consciousness Focuses

7 No. of locomotives*:933 Electric locomotives:460 Diesel locomotives:473 Daily number of trains*: ~3800 Passenger trains: ~3200 Freight trains: ~600 Annual performance (train-kilometre)*: 106,276,000 km Passenger trains: 84,318,000 km Freight trains: 17,356,000 km Shunting: 4,602,000 km *data from year 2008 Diesel Electric Passenger trains Freight trains Passenger trains Freight trains Shunting

8 MÁV-TRAKCIÓ Co. headcount*: 5028 people Management: 189 people Administration: 443 people Physical workers: 4396 people Engine drivers: 4060 people Other workers: 336 people Number of registration sites: 40 Regional Traction Service Centres: Budapest, Debrecen, Miskolc, Pécs, Szeged, Szombathely *data at year close 31 Dec, 2008 Engine drivers Other workers Management Administration

9 Traction Planning and Management System ( MB.Rail: a system for planning vehicle and crew turnaround) 1. Locomotive On-board Equipment (MFB) Electronic Running Data Recorder (EMIG): electronic crew registration on board of traction vehicles) 2. Intelligent Mobile Phones To ensure more effective communication for engine drivers Equipment Development and Modernisation Investment in new traction vehicles : 25 Bombardier TRAXX locomotives with the option for a further 25 (Bombardier Transportation GmbH) Vehicle modernisation (remotorisation)

10 V43,1 / V43,2 / V43,3 The most numerous universal electric locomotive of MÁV- TRAKCIÓ Zrt. Quantity: 252 / 56 / 30 Speed: 120 km/h Nominal output: 2200 kW Starting tractive effort: 270 kN V63,0 / V63,1 Universal electric locomotive primarily for high load passenger and freight trains Quantity: 42 / 10 Speed: 120 (160) km/h Nominal output: 3600 kW Starting tractive effort: 450 kN 1047 High-performance, universal dual-powered electric locomotive (25 kV 50 Hz; 15 kV 16 2/3 Hz) Quantity: 10 Speed: 160 km/h Nominal output: 6400 kW Starting tractive effort: 300 kN Mainline Electric Locomotives Freight 15% Passenger 85% Freight 80% Passenger 20% Freight 14% Passenger 86%

11 M41,21 / M41,23 Universal diesel-hydraulic locomotive Quantity: 66 / 35 Speed: 100 km/h Nominal output: 1324 kW Starting tractive effort: 200 kN M62 / M62,3 Diesel-electric locomotive for heavy freight trains Quantity: 45 / 34 Speed: 100 km/h Nominal output: 1472 kW Starting tractive effort: 370 kN M40 / M40,2 / M40,3 / M40,9 Diesel-electric locomotive for mainline and shunting services Quantity: 6 / 10 / 3 / 4 Speed: 100 km/h Nominal output: 740 kW Starting tractive effort: 160 kN Mainline Diesel Locomotives Freight 2% Passenger 98% Passenger 20% Freight 80% Freight 89% Passenger 11%

12 V46 Thyristor controlled electric shunting locomotive Quantity: 60 Speed: 80 km/h Nominal output: 820 kW Starting tractive effort: 256 kN M44 / M44,4 / M44,5 Diesel-electric locomotive for station shunting work and hauling light freight trains Quantity: 46 / 40 / 16 Speed: 80 km/h Nominal output: 440 kW Starting tractive effort: 167 kN Shunting Locomotives

13 M43,1 / M43,12 Diesel-hydraulic locomotive for station shunting work and hauling light freight trains Quantity: 52 / 2 Speed: 30 (60) km/h Nominal output: 331 kW Starting tractive effort: 110 kN M47,12 / M47,13 / M47,2 / M47,1 Diesel-hydraulic locomotive for station shunting work and hauling light freight trains Quantity: 40 / 26 / 7 / 1 Speed: 35 (70) km/h Nominal output: 700 kW Starting tractive effort: 120 kN Shunting Locomotives

14 Thank you for your kind attention!