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Investor Presentaiton

Khakanja Remaining LOM: 7 years • ⚫ 2010 is expected to be the peak year for Khakanja in terms of gold equivalent production due to a record contribution from Yurievskoye • • • • It is planned to mine, transport and process approximately 140 Kt of high-grade ore from Yurievskoye. High-grade underground mining at both Khakanja and Yurievskoye to supplement lower- grade open-pit starting from 2H2011 Silver recoveries in 2009 increased from 52% to 57%. Further improvement expected Regional exploration to be resumed in 2010 with US$4 million spend © 2009 Polymetal 13
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