Financial Highlights and Market Opportunity

Financial Highlights - Revenue Year ended 31/03/06 vs. Year ended 31/03/07: ■ Total revenue - 66% growth in US$ terms 400 ◉ Baby Food revenue - 119% growth in US$ terms 350 ◉ Dairy revenue -33% growth in US$ terms 300 Revenue, US$ mln Growth - 66% 379 149 39% Drivers for growth: 250 Growth - 16% 229* ☐ ■ Organic growth and M&A activity 197* 200 68 23% Average price increase 51 19% 150 - Shift of the Group's product mix towards higher 230 value-added and higher-margin products 61% 100 81% 146 161 77% - Overall inflation in Russia 50 50 NUTRITEK GROUP YE 31/03/05 YE 31/03/06 YE 31/03/07 ■ Dairy products ■ Baby food Source: IFRS Financial Statements, converted from RUR 19

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