Financial Highlights and Market Opportunity

Nutritek's Investment Highlights Leading position in the baby food segment Exposure to fast growing Russian baby food market Full range of baby food products Developed raw milk base Streamlined distribution ■ ■ The largest national producer in Russian baby food market (15.4% market share in 2006 according to Euromonitor) Unique supplier of full range of baby food products in the Russian market Operates one of the most modern baby food plants in Russia, other CIS countries and Eastern Europe Growing consumer incomes in Russia ■ One of the most dynamically growing consumer markets - processed baby food (27% CAGR in 2001-2006 in value terms) The only producer of a full range of baby food products, covering all principal price segments of the market, with exception of the premium price segment Strong brand recognition among local customers in regional areas of Russia Production facilities located in leading milk production regions in Russia Nutritek supports local farms with equipment, quality control technology and financial resources Own agro business reduces the costs and secures regular supply of high quality raw milk Nutritek occupies dominant position as a raw milk purchaser in the regions where its production facilities are located Starting from Jan 1, 2007 Nutritek streamlined its baby food distribution system to increase efficiency and reduce costs All sales to the customers are now executed through distributors via special third-party agreements with distributors and retail chains Government purchases (tenders) Strong and dedicated management team Excellent track ☐ Government purchases are just as profitable as retail sales and in some instances even more profitable Government purchases are expected to grow in the near future Motivated and experienced management team has significant expertise and competence in all aspects of the dairy and baby food markets ◉ Strong track record of growth, profitability and acquisitions record NUTRITEK GROUP ◉ The size of Nutritek, high profitability and its credit history provide for significant advantage against local competitors 5

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