Investment Project Construction of Multi-purpose Marine Complex of Terminals (MMCT) “Galitsyno”

2 About project Limited Liability Company “MMCT “Galitsyno” was established in The company owns incomplete construction projects and other assets of “MMCT “Galitsyno”, and also accomplishes functions of a customer in project development, fulfills licensing procedures and implementation of the project “MMCT “Galitsyno”. In future LLC “MMCT “Galitsyno” will accomplish functions of a port and cargo- carrying operator. Two Ukrainian companies own 50% each of equity rights of LLC “MMCT “Galitsyno”.

3 Structure of platforms of MMCT SEA PORT 9 specialized terminals for cargo handling RAILWAY STATION 32 railroads for receiving and sending of railroad trains LOGISTICS CENTER Warehouses for storage, assortment and other types of handling of goods TECHNOLOGICAL COMPLEX Plants for для mid handling, sub assembly etc., types of cargo handling

4 Port characteristics Number of landing places32 Total length of landing places5 945 m Maximum depth close to landing places15 m Width of access board (from a landing place into the depth of a terminal) 650 – 850 m Number of located warehouses (stacks)From 5 to 8 Capacity1-2 steps: 35 mln. t per year 3 step: up to 100 mln. t per year

5 Location peculiarity Nikolayev has access to important European and international directions

6 Location peculiarity Sea and land ways of Eurasia lay through Nikolayev

7 Location peculiarity Number of water and land routes, going through three main sea regions of Ukraine IllichevskOdessaNikolayev Railway direction Auto direction Inner river routes +++ Intransit river routes ++ River – sea ++++ Oversea shipment +++ Air transportation +++

8 Location peculiarity Crossing of 4 transport directions through Nikolayev region and amount of operating railway stations

9 Location peculiarity MMCT “Galitsyno” will be located within 8 km from Nikolayev and 36 km from the Black Sea between operating sea ports “Oktyabrsk” and “Dnieper-Bug”.

10 Location peculiarity The platform where the port is located was formed in the result of sand recultivation after dredging works

11 A map from the satellite

12 Major premises, business provisions and risks Legislative warranties of private ownership of port objects Prospective market in the basin of the Black Sea –14 countries, ~ 250 mln. people Lack of port capacities in the northern part of the Black Sea Deficiency of a big port with logistical and technological terminals in the basin of the Black Sea Deficiency of opportunities to enlarge operating ports in countries of the Black Sea basin MMCT is located along an elongation vector of the VII Danube alley way towards water way along the river Dnieper MMCT is located along the logistical route of a ring road around the Black Sea Availability of areas for leveed platforms and water area of the port on the water area of the Dnieper-Bug basin Availability of areas for composition of port objects (railway stations, logistical warehouses and plants) Legislative opportunity to grant the status of free trade zone to these territories Application of new approaches and technologies in complex handling of goods

13 General layout on the map from the satellite

14 Implementation plan General layout: The 1 st phase of the project – red color, the 2 nd – green, the 3 rd – yellow

15 Implementation plan Approved scheme of zoning of the plot for construction of the port and logistics terminal, railway and auto entry on the 1 st and the 2 nd phases of the project

16 Photofixation View overlooking a coastal zone and prospective MMCT from a roof of a five-storied administrative building of LLC “MMCT “Galitsyno”

17 Photofixation Coastline of the territory of “MMCT “Galitsyno”

18 Photofixation Warehouse equipment and technologies

19 Photofixation Administrative building

20 Financial indexation Overall costs – 2,7 bln. $ Cost of the 1 st step – 0,55 bln.$ Total construction period – 4,5 years Payback period – from 5 to 10 years

21 Plan of investor entry into the project 1. Memorandum ratification between Investor and Owner of LLC “MMCT “Galitsyno” on entry into the Project. 2. Purchase of not less than 76 % of equity rights and effective assets of LLC “MMCT “Galitsyno” by the Investor on contractual terms of the contract of purchase and sale. 3. Establishment of An Asset Management Company (out of the territory of Ukraine), where Investor will own 76% of equity rights.

22 INVESTMENT- REAL ESTATE DEVELOPMENT COMPANY “TITUL” CONTACTS: President of the company: Telman Abbasov Tel.: , Site: