Investor Presentaiton

Segment Bulgaria Mobile Key Performance Indicators ARPU (in EUR) - MoU per Subscriber (in min) 8.7 T Q4 10 7.6 7.3 7.0 7.0 Q1 11 111.8 T Q2 11 Q3 11 Q4 11 Q4 10 Mobile Broadband Customers (in 000) 177.6 192.0 161.6 141.8 126.2 T 104.2 104.1 98.6 97.5 Q1 11 T Q2 11 Q3 11 Q4 11 Mobile Penetration (in %) 151.4% 145.9% 142.6% 143.2% 140.8% Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 29

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