Investor Presentaiton

ПО ЧТО ТЫ ХОЧЕ BUMM SHAA Донн Dairy - Successful Regional Strategy Regional, CIS markets provide long-term basis for growth Dairy Segment - Regional Sales (2005) Volga North West 7% 8% Ukraine 7% Dairy Segment - Regional Sales (1H 2006) Volga North West 7% 8% Ukraine Central Asia 2% Source: WBD • • • South 11% Urals 8% Siberia & Far East 9% Central 48% Central Asia 8% 2% South 11% Siberia & Far Urals East 9% 10% Source: WBD Central 45% All regions profitable since 2005 Fastest growth in Urals, Ukraine & Siberia - Diversification – Central region now less than half of dairy sales - • Product portfolio optimized – from 340 to 221 SKUs in Central region • Market leadership achieved in Ukraine, South, Urals & Volga in 1H 2006 10

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