Investor Presentaiton

Samotsvety September 2016 December 2015 St. Petersburg Total NSA 205 ths sqm Open Market Value* RUB 6,465 mln *JLL estimate as of 31.12.2015 Income from sales* RUB 18,455 mln Etalon Group Operating Results Landbank Valuation Financial Results Selected Projects Appendix 24

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