Financial Highlights and Market Opportunity

Nutritek's Position on the Russian Baby Food and Dairy Market Baby Food Nutritek is the largest national producer of baby food and the only Russian producer of clinical nutrition products Russian baby food market structure by producer (value), 2005 Other 25.6% Nestle 21.7% ☐ Most of the products produced by international players are still imported ☐ Nutritek has the potential to improve its own market position in the baby food market due to: Most complete product range in sector including complex products such as Breast Milk Substitutes ("BMS") Azovsky 4.9% Faustovo 5.9% Lebedyansky 6.9% Nutritek 13.4% Nutricia 21.6% Specialised distribution channels Specialised promotions and marketing strategy Source: Euromonitor Russian baby food market by segment (value), 2005 100% 4% 10% 8% 13% Dairy Products 5% 17% 1% 80% 17% 1% 13% 7% ☐ Nutritek is one of the largest national producers of dairy products 31% 6% 11% 19% 13% 60% Total Nutritek share in the Russian dairy market is 3.9% [1] in value terms 11% 5% 5% 5% 10% 5% 40% 9% 15% ☐ Wide product assortment including yogurts and bio-products 12% 39% 7% 9% 17% Leading dry milk producer [2] (market share - 8.2%) 20% 16% 5% 19% 14% 14% Highly fragmented market with over 1,700 small independent plants in operation 8% 0% Baby drinks (in glass) Dried Baby Food Milk Formula Puree Sources: [1] AC Nielsen for 24 cities [2] Company estimates NUTRITEK GROUP ■Nutritek ■ Hipp ■Lebedyansky Nutricia ■Azovsky ■ Heinz Nestle Faustovo Kolinska Semper Unimilk ■ Other Source: Euromonitor 8

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