Investor Presentaiton

Gross general government debt Slovakia General Government Debt (% of GDP) 2008 General Gov. Debt (% of GDP), Peer Comparison 50,0% 43,4% 42,4% 41,4% 45,0% 40,0% 34,2% 35,0% 30,4% 30,0% 25,0% 20,0% 15,0% 10,0% 5,0% 0,0% 80,0% 70,0% 40,0% Illim.. 60,0% 29,4% 27,6% 50,0% 30,0% 73,0% 47,1% 20,0% 27,6% 29,8% 10,0% 0,0% 2002 2003 2004 2005 2006 2007 2008 Slovakia Czech Rep. Hungary Poland Source: Eurostat - + Significant reduction of debt – consolidation, privatisation proceeds, establishment of State Treasury System (centralisation of funds and debt and liquidity managment + Lowest general government debt among V4 countries H 22

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