Financial Highlights and Market Opportunity

Nutritek Group at a Glance ☐ ☐ ☐ The largest national producer of baby food in terms of value in Russia and other CIS countries in 2006 The only Russian producer of special Breast Milk Substitutes ("BMS") and clinical nutrition products The third-largest national dairy producer in Russia by revenue in 2006 One of the fastest growing in the industry: revenue increased by 66% in year ended 31/03/07 Breakdown of sales by products, value, year ended 31/03/07 Purees, juices and 400 300 Nutritek revenues, US$ mln Growth - 16% Growth-66% 379 149 39% 229 197 200 51 26% 68 } 30% 230 61% 100 146 74% 161 70% YE 31/03/05 YE 31/03/06 ■Dairy products Baby food Source: IFRS Financial Statements, converted from RUR YE 31/03/07 Nutritek sales volume, thousand tonnes water Cheese 5% 16% Cereals 250 Growth-1% 8% Dairy baby food 200 191 193 Canned milk 1% 2% 150 BMS and special 100 nutrition Whole milk products 31% 14% Butter and dry milk 23% NUTRITEK GROUP 50 Growth-27% 248 0 YE 31/03/05 YE 31/03/06 YE 31/03/07 Source: Company Source: Company

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