Rosneft and TNK-BP Merger Presentation

5 Potential Improvement in Rosneft's Financial Metrics Post Transaction 2011 US$ bn 92.0 Revenue Rosneft 100% in TNK-BP Total Change, % 60.2 152.2 +65.4% EBITDA 22.0 14.6 36.6 +66.4% Net Income Operating Cash Flow Sources: Company data; includes affiliates. 12.5 9.0 21.5 +72.0% 15.7 10.5 26.2 +66.8%

View entire presentation