Investor Presentaiton

© 2010 Polymetal Hochchild Red Back Mining Petropavlovsk Randgold Resources Agnico-Eagle Mines Eldorado Gold IAMGOLD Corporation EV/oz Reserves 897 867 736 555 Cheap, High-grade reserve ounces 409 401 341 315 283 Centerra Gold Polymetal Polyus Yamana 130 102 Hochchild Agnico-Eagle Mines Using 1:60 Ag/Au and 5:1 Cu/Au conversion ratios Based on JORC reserves. Actual as at February 25, 2010 Polymetal Randgold Resources 8.2 Average reserve gold eq. grade 4.3 4.2 3.5 2.7 2.0 1.7 1.6 1.5 1.4 1.3 Centerra Gold Mining Red Back Yamana Eldorado Gold 5 Polyus IAMGOLD Corporation Petropavlovsk

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