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Investor Presentaiton

Better product mix drives new contract sales in 2014 FY 2013 New contract sales by project, sqm FY 2014 New contract sales by project, sqm Etalon City Other projects 1% Swallow's Nest Letniy 10% 9% 10% Jubilee Estate 16% 22% Emerald Hills 9% 6% 4% 13% Rechnoy Tsar's Capital Galant Molodejny Significant portfolio diversification with growing share of prime location projects Moscow Etalon City Gates Other projects Letniy 3% 1% 3% Swallow's Nest Samotsvety 3% 23% 5% Jubilee Estate 5% Rechnoy 7% 7% Galant 20% Emerald Hills 9% 14% Molodejny Average price, RUB/sqm Tsar's Capital • Swallow's Nest and Emerald Hills enjoy continued strong demand from customers 95,000 87,887 89,40290,511 85,671 85,271 84,286 83,234 • Samotsvety, launched in 3Q 2014, already accounted for 5% of new sales in 2014. Moscow Gates, launched at the very end of November 2014, contributed c. 1% to total 2014 sales 80,606 78,484 80,000 75,120 74,073 71,611 • The blended average price per sqm increased 3% year-on-year to RUB 87.4 thousand. Average prices for apartments increased 8% year-on-year to RUB 95.1 thousand per sqm 65,000 50,000 Source: Company data > Etalon Group 1Q12 2012 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13 1Q14 2014 3Q14 4Q14 7
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