Financial Results

1H 2015 Operating results - a cool-down after the 2014 rush 1H 2015 project deliveries breakdown, ths sqm Project Tsar's Capital NSA delivered in 1H 2015, ths sqm 50.3 Swallow's Nest 40.3 Total 90.6 Deliveries, ths sqm 76 16 Transfers, ths sqm +19% 91 103 +33% 137 1H 2014 1H 2015 1H 2014 11H 2015 Summary of 1H 2015 operating results Cash collections, mln RUB Average price, RUB per sqm 1H 2015 1H 2014 -30% +6% Number of contracts 1,859 4,333 88,954 14,835 New sales, sqm 88,963 203,994 New sales, mln RUB 7,914 17,173 Average down payment, mln RUB 10,415 84,184 76% 74% Share of mortgage sales 15% 20% 1H 2014 1H 2014 1H 2015 1H 2015 Source: Company data ✓ Etalon Group Operating Results Financial Results Landbank Valuation 2015 Deliveries Appendix 5

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