Investor Presentaiton

Capital Expenditure, US$ million 245 20 205 40 15 20 25 160 112 80 115 100 90 46 20 10 25 10 40 40 30 20 ■Varvarinskoye ■Mayskoye Omolon ops Albazino/Amursk ■Dukat/Voro expansions Maintenance capital 25 25 30 30 30 16 Exploration 2008A 2009 2010 2011 2012 © 2009 Polymetal 23

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