Investor Presentaiton

Construction services Sales (RUB m) Change -12% EBITDA (RUB m) and EBITDA margin (%) 1,764 1,544 Change -37% 587 2009 2010 Key financials 369 33% 24% 2009 2010 Total 2009 2010 Change Sales revenue (RUB m) 1,764 1,544 (12)% EBITDA (RUB m) 587 369 (37)% EBITDA margin (%) 33% 24% Notes: Total is shown after inter-segment eliminations and before inter-group eliminations and unallocated amounts LSP LSR Group 13

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