1. YEKATERINBURG, 4 SEPTEMBER 2014 1 STATUS QUO - COOPERATION BETWEEN CCTT AND MÁV Ilona Dávid President – Director General MÁV, Hungarian State Railways Co.

2. 1. CCTT - MÁV WORKING GROUP 2

3. THE BREAK-OUT OPPORTUNITIES OF THE HUNGARIAN RAILWAYS 3 1. CCTT - MÁV WG Moscow, 24 April 2014 Topics: Introduction of conditions of operation on the European rail network Cooperation of CCTT and RFC corridors With the participation of those Hungarian railway companies interested in transport towards the East CCTT - MÁV WORKING GROUP

4. 2. RZD – MÁV WORKING GROUP 4

5. THE BREAK-OUT OPPORTUNITIES OF THE HUNGARIAN RAILWAYS 5 2. RZD – MÁV WG Záhony, 2-3 April 2014 Topics: Introduction of Záhony transshipment area Commercial and technical interoperability between the Russian and European rail systems Development opportunities of Záhony transshipment area RZD - MÁV WORKING GROUP

6. 3. EU RAIL FREIGHT CORRIDORS (RFC) 6

7. THE BREAK-OUT OPPORTUNITIES OF THE HUNGARIAN RAILWAYS 7 GOALS AND DEADLINES FOR THE RFC SYSTEM Objectives Establishment of nine rail fright corridors on the basis of ERTMS and TEN-T corridors Strengthening the cooperation between the Infrastructure Managers Development of quality of rail fright corridors, capacity increase Provision of good quality services for the rail freight companies Dates 6 corridors have started to operate until 10 November 2013 3 further corridors will start to operate until 10 November 2015 3 RFC CORRIDORS

8. THE BREAK-OUT OPPORTUNITIES OF THE HUNGARIAN RAILWAYS 8 MAP OF THE RFC SYSTEM AND RFC 6, RFC 7 3 RFC CORRIDORS

9. THE BREAK-OUT OPPORTUNITIES OF THE HUNGARIAN RAILWAYS 9 BENEFITS OF THE RFC CORRIDORS Predefined train paths From the initial questions related to network access to corridor path requests – all these issues are handled by one contact point (”One-Stop-Shop”) In case of corridor train paths, priority rules applied in the event of track works Priority for the corridor freight trains Uniform set of communication rules used between the traffic control centers Infrastructure developments taking the whole corridor into consideration Increasing interoperability: locomotives can travel from Zahony to Almeria Connection among the ports of the Mediterranean Sea and Central-Europe and broad gauge network 3. RFC CORRIDORS

10. THE BREAK-OUT OPPORTUNITIES OF THE HUNGARIAN RAILWAYS 10 4. RESULTS OF THE MÁV-GROUP 10

11. THE BREAK-OUT OPPORTUNITIES OF THE HUNGARIAN RAILWAYS 11 4. RESULTS OF MÁV Stable financing Multi-Annual Contract for rail infrastructure and long-term rail passenger Public Service Contract with the State Efficient operation Reorganization of corporate portfolio Core activities are in focus Decreasing operating costs – transfer of none-core real-estate properties Effective operation Positive operating results in 2012 and 2013 Positive financial prospects for 2014 Developments Resolving infrastructure bottle-necks Purchase of Rolling Stock – motor units for the suburbs THE MÁV GROUP ON STABILE WAY

12. THANK YOU FOR YOUR ATTENTION!