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Investor Presentaiton

Omolon Regional Processing Hub A number of small to medium size high-grade deposits in the Northeast Magadan region Numerous highly prospective epithermal Au-Ag ore occurrences in the region • Truck and mill high-grade ore . Heap (dump) leach low- grade ore • JORC-compliant reserve report and development plan for the entire Omolon hub (Birkachan, Tsokol Oroch, Sopka, Dalniy) in Q1 2010 • CIP plant restarted in Q3 2010 Sopka to provide high grade ore feed to the mill starting from 3Q2011 • Total capital budget of US$ 55_million © 2009 Polymetal Birkachan Lunnoe 380 km Sopka Kvartsevaya Dukat 571 km Dukat 41 km Magadan Road Deposit Sett emert Kubaka Oroch Evensk 22 22
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