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Investor Presentaiton

Real estate portfolio by region Breakdown of portfolio by region (Net Sellable Area) Yekaterinburg 6% Moscow 4% Leningrad Region 0.1% Breakdown of portfolio by region (Market Value) Yekaterinburg Leningrad Region 1% 5% Moscow 8% St. Petersburg 90% Region NSA ('000 m2) % of total MV (RUB m) % of total St. Petersburg 7,634 90% 89,701 86% Yekaterinburg 490 6% 5,617 5% Moscow 302 4% 8,423 8% Leningrad Region Total 10 0.1% 1,037 1% 8,436 100% 103,777 100% LSP St. Petersburg 86% Largest part of our real estate portfolio is located in our home market of St. Petersburg within the boundaries of the city Source: DTZ valuation as of 31.12.2010 LSR Group 18

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