Investor Presentaiton

***Why are we bullish on Russia? Nestle Fast growth of incomes: 6000 the Russian consumer is 4 times richer than right after crisis Annual disposable income, Per capita USD / year 5000 4000 3000 4830 2000 3954 3261 2607 1000 2065 1685 1185 0 2001 2002 2003 2004 2005 2006 2007 Source: Euromonitor International from national statistics September, 2008

View entire presentation