1. Company LOGO www.company.com UAIR open doors The Annual IR Conference ABIRD July 16-17, 2009 Anna Gorbenko, Head of UAIR advisory board www.uair.com.ua

2. Company LOGO www.company.com UAIR open doors The Annual IR Conference ABIRD July 16-17, 2009 Anna Gorbenko, Head of UAIR advisory board www.uair.com.ua

3. Company LOGO www.company.com Content of the presentation Ukraine and key facts Ukrainian IR market challenges UAIR goals UAIR achievements UAIR today Impact of economic crisis UAIR projects and plans UAIR contacts www.uair.com.ua

4. Company LOGO www.company.com Ukraine is the largest in Europe CEE region 603,700 sq. km 2 – 3 hours from Sofia to Kiev by flight Ukraine borders Russia, Belarus, Poland, Slovakia, Hungary, Turkey and Bulgaria through the Black Sea www.uair.com.ua

5. Company LOGO www.company.com Ukraine - key facts Population: 48 mln Capital: Kyiv - 4 mln 95% of Ukraine is flat or nearly flat, with small rolling hills Plants of agriculture lands (black soil) – 80 % of the world reservation Growing consumer market Well-educated, skilled workforce Healthy food and lifestyle Location at the trade crossroads with extensive transport infrastructure Developed scientific institutions www.uair.com.ua

6. Company LOGO www.company.com Ukrainian IR market challenges 12 companies are listed on foreign capital markets: LSE/AIM – 7, Deutsche Borse – 2, WSE - 3 IR market infrastructure is not developed www.uair.com.ua Disclosure level of companies listed on foreign capital markets mostly depends on corporate advisors, those listed on local capital market (PFTS) is low The level of corporate governance is low with banking sector being exception Lack of knowledge and experience in IR Profession of IR manager/director has not legal status in Ukraine

7. Company LOGO www.company.com UAIR goals to unite IR professionals for IR market development to facilitate the implementation of the best IR practice and high level of corporate disclosure in Ukrainian companies to establish and shape the IR profession in Ukraine, increase professionalism of IR practitioners to deliver the correct understanding of IR strategic role and corporate function to the top management of Ukrainian companies to help Ukrainian companies to attract investments from both domestic and foreign investors www.uair.com.ua

8. Company LOGO www.company.com UAIR achievements Membership: 8 IR practitioners 2 corporate members 2 international associated member – ARFI (Russia), Krimconsult (Germany) UAIR is a member of GIRN Signed agreements of co-operation with key Ukrainian capital market players and regulators Open dialog with financial regulators www.uair.com.ua

9. Company LOGO www.company.com UAIR today. In 2009 we are: Doing a lot of promotion of UAIR to different audiences in Ukraine and abroad Developing website – uair.com.ua www.uair.com.ua Working on official acknowledgement of IR profession in Ukraine on the state level Working with financial and business media Building relationship with foreign investors

10. Company LOGO www.company.com Impact of economic crisis Ukraine was more vulnerable to the crisis due to a combination of: Large Current Account Deficits Large External Debt Burden Currency devaluation Banking Sector Weaknesses Impact on IR sector: “0” new working place in IR Decrease of interest to IR Cut IR budgets and costs on trainings Increase interest from PR specialists Decrease of sponsorship possibilities for UAIR activities www.uair.com.ua

11. Company LOGO www.company.com UAIR projects www.uair.com.ua IR market infrastructure Ukrainian IR practitioner s database Research IR Internet portal IR profession Functional responsibilitie s IR profession acknowledge ment on state level Ethic Code Experience exchange Professional seminars Forums Participation in international events Publishing Periodical newsletters Methodologi cal literature Members articles

12. Company LOGO www.company.com UAIR internet project www.uair.com.ua Bank of corporate press-releasers from UAIR members Personal pages for UAIR members with professional information about them IR service providers data base Professional events announcements Internet portal “Ukraine for investors” – analytical source of information about Ukrainian business –macroeconomic and sector analysis –expert opinions –IR presentation tools

13. Company LOGO www.company.com UAIR co-operation plans www.uair.com.ua We would be very happy to co-operate with friendly international IR communities in developing IR!

14. Company LOGO www.company.com Contact details www.uair.com.ua Head of UAIR advisory board Anna Gorbenko +38 044 360 4002 a.gorbenko@uair.com.uaa.gorbenko@uair.com.ua www.uair.com.ua info@uair.com.ua