1. CYPRUS AT A GLANCE Group G Anna Spyrou March 2010

2. Presentation name Page 2 AGENDA Company fact sheet Market position ―Market share ―Key clients ―Membership in professional organizations, awards and recognitions Strategic goals ―Priority service line Services and lead service partners Key industry clients

3. Presentation name Page 3 ABOUT BDO CYPRUS

4. Presentation name Page 4 COMPANY FACT SHEET BDO Ltd was established in 1985 and is ranked amongst the island’s largest providers of professional services. We have a presence in the key business cities – Nicosia (our head office) and Limassol. BDO Ltd employs 70 people, and its associated firms (Oneworld / BDO Business Services Ltd) - 80. BDO Cyprus firms provide a full range of professional services including assurance and audit, consulting, tax, corporate finance, international tax planning, corporate and trust, legal and support services. They are designed to assist international clients to meet their cross border objectives. We serve them in a personal way providing them with quality services, advice and expertise.

5. Presentation name Page 5 COMPANY FACT SHEET We place particular emphasis on serving international and foreign clients. We maintain a close affinity with clients from central and eastern European countries and continue to develop our international business expertise. The significance of double tax treaties between Cyprus and East European countries attracts businesses and investors from all over the world including North America and Western Europe. By setting up their investments through Cyprus they take advantage of the favourable tax treaties. Cyprus joined the EU in May 2004.The existing favourable double tax treaties remain intact, the tax rates are still attractive and the island is now without doubt the holding company regime of choice. Moreover, the island is the natural springboard through which non-EU companies will gain access to the recently enlarged EU market.

6. Presentation name Page 6 BDO CYPRUS MARKET POSITION

7. Presentation name Page 7 MARKET SHARE No surveys regarding Market Share are available in Cyprus for audit firms. BDO Cyprus is 5 th largest audit and accounting firm on the island. Anticipated ranking for audit and related services is again 5 th position.

8. Presentation name Page 8 KEY CLIENTS Seabird (Stockholm exchange) Helesi (AIM) Itera International Bank of Moscow Otkritie Group PFIG Group Zepter International

9. Presentation name Page 9 MEMBERSHIP IN PROFESSIONAL ORGANIZATIONS ICAEW ACCA ICPAC (Institute of Certified Public Accountants of Cyprus)

10. Presentation name Page 10 AWARDS AND RECOGNITIONS Platinum ACCA Quality Checked (ACCA, ICPAC) ICAEW Authorised Training Employer

11. Presentation name Page 11 BDO CYPRUS SERVICES AND INDUSTRIES

12. Presentation name Page 12 PRIORITY SERVICE LINES Audit Tax Consulting Global Business Services

13. Presentation name Page 13 SERVICES AND LEAD SERVICE PARTNER Audit – K. Zangoulos/ R. Potamitis Tax – N. Korellis / K. Zangoulos Consulting & Global Business Services – G. Philippides

14. Presentation name Page 14 KEY INDUSTRY CLIENTS International Business Companies Investment Companies Private Fund ICIS Holding Companies

15. Presentation name Page 15 THANK YOU!