2 Source: Russian Automotive Market Research st half of 2010 Samara region Cars st half of 2010 Kaliningrad region Cars st half of 2010 Kaluga region6248,256,4 Cars Trucks00,20, st half of 2010 Nizhegorod region ,8 Trucks Buses4229,3 Cars2221, st half of 2010 Ulyanovsk region 72320,5 Car Trucks24106,5 Buses st half of 2010 Rostov region ,5 Car92413 Trucks5,71,70,1 Buses0,3 0, st half of 2010 Leningrad region 112,15962 Car st half of 2010 Moscow region 7851,241,3 Buses Car 3,210,8 Trucks1,80,20, st half of 2010 Udmurt Republic 6410 Cars st half of 2010 Republic of Tatarstan ,3 Trucks Cars Buses121, st half of 2010 Chelyabinsk region 1575,2 Trucks146,86,85 Buses10,2

3 Nizhny Novgorod region Kaluga region Ulyanovsk region Republic of Tatarstan Samara region Moscow region Leningrad region Accumulators2,500024,53 Radiators Wheel disks2, Fuel supply systems Exhaust systems ,5 Lightening Tires Rubber articles00345,526 Car windows Interior parts Body parts2, Engines Cylinder-piston group and gas distribution parts 2, Plastic parts Ignition parts Brake system2, Electric components Climate system Suspension system Cardan shafts003444,50 Bearings2,50305,520 Filters500094,511 Compressors Paint materials

4

5 RegionAutocomponents Nizhny Novgorod region Seats, plastic parts for car interior and exterior, wiring harness, electronic components, radiators, rubber parts. Kaluga region Exhaust systems, feed systems, electronic components, seats, plastic parts for car exterior and interior, body parts, suspension system parts, passive safety parts, climate systems, piston group, gas distribution parts, paint materials, lightening. Ulyanovsk regionActive safety systems Republic of Tatarstan Electronic components, gear boxes, diesel engines, PVC plastisols, seats, brake system items, piston group parts Samara region Wiring harness, plastic items for car interior and exterior, seats, piston group and gas distribution parts, accumulators, exhaust systems. Moscow regionWiring harness, neutralizers, paint materials. St-Petersburg and Leningrad region Seats, body parts, tires, suspension system parts, exhaust systems, plastic parts for car interior and exterior, electronic components, climate systems, car windows, airbags.

6

7 Nizhny Novgorod UlyanovskTogliatti Naberezhnye Chelny Kaluga St. Petersburg Moscow Nizhny Novgorod Ulyanovsk Togliatti Naberezhnye Chelny Kaluga St-Petersburg Moscow

8 Reduction of profit taxReduction of property taxReduction of land taxReduction of transport taxReduction of rental tax

9 RegionMin profit tax rateMin property tax rate Special economic zones Nizhny Novgorod region17,5%0%No Kaluga region6,5% (by subventions)0%No Ulyanovsk region15,5%0%Yes Republic of Tatarstan15,5%0,1%Yes Samara region15,5%0%Yes Moscow region15,5 -16,0%2,2%Yes Leningrad region15,5%1,1%Yes

10

11 Car Production Capacity – per year Localization Level – 60% Engine Production Capacity – per year Gearbox Production Capacity – per year Stamping R&D

Phone: Fax: