Kyiv, 2009 EXPERT-RATING Agency PRESENTATION

2 About Expert-Rating agency History: Expert-Rating Agency Ltd was registered as a legal person in January 2007 and is a legal successor of a former Department of rating assessments under Expert Ukraiina business weekly tel.: , fax: ,

3 Expert-Rating Agency Expert-Rating Agency is the biggest in Ukraine operator in the market of a voluntary gaining of the rating assessment. Regional researches by Agency are in demand among official circles. Since February 2006 Expert-Rating, relying only on public data, has assigned pi-liability ratings to 107 banks, pi-ratings of effectiveness to 53 investment funds, pi-ratings of investment attractiveness to 63 enterprises and pi-ratings of stability to 137 insurance companies. Individual ratings on national scale with further publication of rating reports in mass media have been assigned to four insurance and one re- insurance companies. Rating of investment attractiveness and credit rating were assigned to Mariupol city. Rating Agency actively develops a line of institutional and product ratings, favours the improvement of the system of information disclosure, conducts complex rating researches in the financial services market of Ukraine. tel: , fax: ,

4 Services rendered by Agency tel.: , faX: , l. Assignment of individual credit ratings to: - Banks - Insurance companies - Asset management companies - Industrial enterprises - Municipal governments II. Markets research: - Subject surveys and researches on demand - Business analytics on companies and markets - Business handbooks III. Specialized rating researches for mass media IV. Conferences, round tables, seminars

Why should you choose us? AGENCY PROFESSIONALISM  The biggest in Ukraine market operator to specialize on assignment of voluntary rating assessments  We worked out an original methodology to research market’s various financial institutes  Operational experience: 5 individual ratings assignment, 15 pi-ratings projects, 1 rating of city’s investment attractiveness  We own original line of analytic products  The rating agency team is formed of professional analysts with special economic education  Agency is operating on the market more than 3 years PROMOTION  Agency is affiliated to Media-Invest Group, that is we have profitable financial conditions to place information about our clients in Expert Ukraiina weekly business magazine, Status magazine, Ekonomicheskiye Izvestia (Economic News) daily newspaper  We get in contact with: More than 50 editions in Ukraine and CIS Internet resources TV Radio

6 «IPО from A to Z: reference book-2009»  The second augmented analytical research is a unique source of complete information for potential participants of IPO-making process about opportunities, peculiarities and conditions of access on various stock platforms of the world. The information about activity of the main stock exchanges in the world over the past 5 years, the listing rules and regulators’ requirements, the information about underwriters, prices and other helpful information are collected in one book.  The project organizer- Expert-Rating Agency ( The project was implemented in December 2008 tel.: , faX: ,

7 Contacts Vladimir Dukhnenko Director, Coordinator of national IPO Committee, member of Ukrainian Society of financial Analysts (USFA), Ph.D е-mail: mob Vitaliy Shapran Deputy director, CFO, member of USFA, Ph.D mob Expert-Rating agency: 60 Oles’ Honchar str. off 2 Kyiv Ukraine tel , fax Maria Bolotnaya Marketing director е-mail: mob tel.: , faX: ,