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Investor Presentaiton

Leading Global Supplier of Pipes for Oil and Gas Industry A world leading tube producer by sales volumes in 2012 and last 3 years Sales Volumes (thousand tonnes) 3,962 4,186 4,237 TMK 1,843 2,119 2010 1,844 2,342 2011 1,743 ■Seamless pipes Welded pipes 2,494 2012 Source: TMK data ☐ Local producer in countries which account for 66% of global drilling activity ☐ High exposure to the oil and gas industry: approximately 75% of sales volumes went to the oil and gas sector in 2012 2012 Global Drilling Activity by Geography (Number of Wells Drilled) Focus on Oil & Gas Industry 2012 Sales Volumes by Industry (%) SE Asia Middle East 3% 2% Africa 2% South America 6% Russia 7% Canada 10% China 24% Source: Spears & Associates US + Russia + Public Utilities US 46% Middle East + Canada: 66% Other (Machine Building, Constructing & etc.) 25% Source: TMK data Oil & Gas 75% 5
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