Investor Presentaiton

Fiscal Deficit Lower than Neighbouring Countries 0,0% -0,5% -1,2% -1,0% -2,3% -2,3% -1,7% -1,5% -3,0% -3,7% -1,2% -2,0% Slovakia General Government Deficit (% of GDP) + Continued fiscal prudence Relatively strong fiscal position in Central Europe -1,2% -2,5% -0,8% -1,1% -2,4% -3,0% -3,0% -2,9% General government deficit -3,5% -3,1% -3,4% Maastricht Criteria -4,0% -3,7% 2006 General Gov. Deficit (% of GDP), Peer Comparison 0,0% -1,0% -2,0% -3,0% Slovakia Czech Poland Hungary ויייי -4,0% -5,0% -6,0% -7,0% -8,0% -9,0% -10,0% Note: EA13 - euro area Source: Ministry of Finance, NBS, European Commission * Forecasts: Ministry of Finance reached 3.4% of GDP in 2006 (incl. pension reform costs 1.1% of GDP) 2007 Budget set general government deficit at 2.9% of GDP... within Maastricht Criteria H 7

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