Investor Presentaiton

☑ SPO of the CBR stake in MOEX highlights Key information July 2014 ☑ MOSCOW EXCHANGE The bookbuilding period The Seller The transaction form Issuer Security Trading venue Demand Price Discount vs market Lock-up period Global coordinators Global bookrunners Distribution by geography Scand. Cont. Europe Secondary public offering (SPO) of the CBR share in MOEX in form of ABB¹ Deal amount: RUB 16 bln (USD 469 mln) The book was opened: July 1st at 7pm The book was closed: July 2nd before trading hours The Central Bank of Russia 100% secondary offering in form of ABB¹ OJSC <<Moscow Exchange MICEX-RTS>> Ordinary shares Moscow Exchange The book was multiple times oversubscribed 60 RUB per share 7.8% (Last day close price RUB 65.05) 180 days J.P. Morgan, Goldman Sachs, Sberbank CIB, VTB Capital Citi and Gazprombank Distribution by investors Other countries 7.0% 6.4% 0.6% Asia 9.6% Russia 34.6% Middle East. 10.8% Sovereign funds 43.1% US 11.5% UK 19.5% MOSCOW EXCHANGE Brokers 0.3% Hedge- funds 19.5% ☐ Long only funds 37.2% Highlights ■ The largest Russian SPO since spring 2013 The first public equity offering of local shares only in 2014, which was priced with lower than average discount despite the material deal size (63x 3-month ADTV)² ■ The book was multiple times oversubscribed and dominated by high-quality sovereign wealth funds and long only funds 1 ABB accelerated bookbuilding 2 Based on Dealogic and FactSet data, calculated compared to average discount for secondary Russian deals since 2010 37

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