Lastochkino Gnezdo Project Presentation

2012 eight step programme & 25% growth in NCS in 2012 New projects scheduled for launch in 2012 Projects in MMA A8 Project NSA, ths sqm Status A2 Tsarskaya stolitsa 384 Expect to launch next year A8 Etalon-City 419 Expect to launch next year A1 Lastochkino gnezdo 311 Launched A6 Rechnoy 114 Construction permit obtained, launch due 11/2012 A4 Molodejny 112 Expect to launch before year end A7 Letniy 65 Launched A3 Galant 49 Expect to launch before year end A5 55 Marshala Tukhachevskogo 24 Launched Total 1,478 Projects in SPMA New contract sales, ths sqm 500 450 400 437 350 A5 300 250 A2 200 A4 A3 150 100 A6 50 A7 0 2008* Etalon Group 160 2009 +33% 212 2010 +27% 270 +25% 337 2011 FY 2012 Annualized new contract sales based on 1H 2012, St. Petersburg only 4 04

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