1. ENGINEERING SERVICES IN THE PULP & PAPER MAKING

2. 1. Services for Petrozavodskmash Corp. and PetrozavodskMash Foundry Ltd., including: -marketing and sales of the equipment -working designing and manufacture supervision -organizing the procurement by importing equipment, materials, tools and bought articles -providing the special-purpose manufacturing departments with jobs 2. Marketing and sales in the Pulp & Paper Making 3. Development of projects for the Pulp & Paper Making 4. Development of up-to-date equipment for the Pulp & Paper Making 5. Development of technical proposals for the Pulp & Paper Making 6. Basic and detailed engineering for projects in the Pulp & Paper Making 7. Working designing for projects in the Pulp & Paper Making 8. Providing projects in the Pulp & Paper Making with bought articles including imports Petrozavodskmash-Engineering Ltd. basic activities

3. 9. Organizing field assembly, adjustment & start-up jobs and putting Pulp & Paper Making equipment into operation 10. Organizing the training of the Customer’s/Seller’s service personnel 11. Service in the Pulp & Paper Making 12. Organizing the civil construction development for the Pulp & Paper Making turn- key projects 13. Organizing the civil construction and field assembly jobs for the Pulp & Paper Making turn-key projects 14. Examination and evaluation of technical state of Pulp & Paper Making equipment 15. Development of process charts for the Pulp & Paper Making 16. Strength calculations and technical conclusions 17. Technical translations 18. Organizing the customs clearance and licenses on goods processing when exported/imported 19. Other services of engineering consulting and technical nature Petrozavodskmash-Engineering Ltd. basic activities

4. Projects Department V.N. Sedov Marketing & Sales Department V.A. Kuskov Equipment Designing Department E.V. Krasnov Business- Planning Dpt. M.I. Nikolin Belarus USA Thailand Indonesia India China Scandinavia Agents over the world The company’s aim : To become a leading company in the area of pulp and paper industry Petrozavodskmash-Engineering Ltd. Alexander P. Mironov, Director

5. 1972 – 1988 – Designer, Designer Bureau Head of paper machine drying section and ventilation at Petrozavodskmas Corp. 1982 – 1984 – Chief-engineer at the greenfield pulp mill construction «Severomoravsky cellulossky» in Paskov, Czech Republic 1988 – 1990 – Chief Designer on paper making equipment of the joint venture company PETROVOITH (Austria – USSR) 1990 – 1993 – Managing Director of the joint venture company INTERFOREST (Finland – USSR) 1993 – 2003 – Deputy Head of Foreign Sales Department at Petrozavodskmash Corp. 1996 – 1998 – General Director of the Power Engineering Corporation Representation in China 2003 – 2008 – Marketing Director of Petrozavodskmash Corp. Since 2008 – Director of PetrozavodskMash-Engineering Ltd. Alexander P. Mironov born 24/03/1951 Petrozavodskmash-Engineering Ltd.

6. 1977 – 1994 – Production engineer, Chief Production Engineer Dpt. Bureau Head, Petrozavodskmash Corp. 1994 – 2004 – Senior Expert on Equipment Sales at the Petrozavodskmash Corp. Foreign Sales Dpt. 2004 – 2008 – Head of Bureau, Deputy Head of Marketing Dpt. of BumashMarket Ltd. Since 2008 – Deputy Director, Marketing & Sales Dpt. Head of PetrozavodskMash-Engineering Ltd. Vitaliy A. Kuskov born 24/03/1951 1980 – 1983 – Research worker, D.S., Chief of the research division on wood preparation at the Pulp Machinery Research Institute 1994 – 1997 – Director of Bumaga Ltd. 1999 – 2001 – Commercial Director of the State Enterprise LESTOPPROM 2002 – 2003 – Deputy General Director of Lyaskelya Paper Mill 2005 – 2008 – Executive at BummashMarket Ltd Since 2008 – Project Department Head of PetrozavodskMash- Engineering Ltd. Vladimir N. Sedov born 26/08/1958 Petrozavodskmash-Engineering Ltd. Alexander P. Mironov, Director

7. 1973 –1992 – Designer for pulp and paper industry equipment, Senior designer, Chief designer of Control System & Drive Dpt. at the Pulp Machinery Research Institute 1992 – 2008 – Dpt. Head, Chief designer on Control System & Drive, Petrozavodskmash Corp. Since 2008 – Equipment Dpt. Head of PetrozavodskMash-Engineering Ltd. Eugeniy V. Krasnov born 14/06/1951 2000 – 2003 – Administrator «1S-Company» («1C-Predpriyatie»), Financial and Economic Management Group., PetrozavodskMash Corp 2005 – 2008 – Chief Accountant, Holding Company PetrozavodskMash Since 2008 – Business Planning Dpt. Head of PetrozavodskMash- Engineering Ltd. Mikhail I. Nikolin born 12/01/1958 Petrozavodskmash-Engineering Ltd. Alexander P. Mironov, Director

8. Project Department V.N. Sedov, Head Paper Making Equipment Project Division A.A. Ssherbakov Aim of work : Organization and administration of engineering projects on the level of leading engineering companies Pulp Production Equipment Project Division N.N. Group of Proposals N.N.

9. Marketing & Sales Department V.A. Kuskov, Head Advertising & Translation Division D.B. Bubnov Advertising group Translation group Service group Spares group Service Division P.I. Galdin Aim of work : Successful sale of engineering Pulp & Paper Equipment Division M.A. Novozhilov Custom-tailored Equipment Division A.I. Linnik Market Condition & Sales Potential group V.V. Solovyov

10. New Equipment Division A.F. Mezhentcev Equipment group Catalog group Aim of work : Development of competitive equipment Equipment Designing Department Eugeniy V. Krasnov, Head Technical Bureau A.V. Pege Automation & Drive Division V.P. Belunov Automation bureau Drive bureau Modeling group Stock approach bureau Auxiliary equipment bureau Finishing equipment bureau Drying part bureau Press part bureau Wire part bureau Paper Making Equipment Division A.E. Simonov Corrugated Board Line Division V.V. Kirillov Corrugated board line bureau Fluted roll group

11. Financial Calculations Division N.N. Economical Calculations Division N.N. Business-planning Department Mikhail. I. Nikolin, Head Aim of work : Ensuring profitability of engineering projects

12. Participation of PetrozavodskMash-Engineering personnel in the projects RussiaBelarusUkraine OJSC«Arkhangelsk Pulp and Paper Mill» OJSC «Bratsk Pulp and Paper Mill» OJSC «Kondopoga» OJSC «Kotlas Pulp and Paper Mill» OJSC «Segezha Pulp and Paper Mill» LLC «Syktyvkarskie bumazhnie izdeliya» OJSC «PA Ust-Ilimsk forestry» Shklov newsprint plant OJSC «Krasnaya Zvezda Paper Mill» OJSC «Svetlogorsk Pulp and Board Mill» OJSC «Spartak Paper Mill» Kiev Board and Paper Mill JSC«Malyn Paper Mill» OJSC «Rubezhansk Board and Packade Mill»

13. Participation of PetrozavodskMash-Engineering personnel in the projects BulgariaYugoslaviaRomaniaCzech Republic Kostanets Razlog Silistra «Lepenka», Novi- Knizhevets BrailaPaskov Shteti Ruzhom-Berok LithuaniaThailandEnglandChina Paper Mill, KaunasThai Union PaperSnodlandCzjamusy Uchzhi Nanchan Cszjanskijskij Pulp and Paper Mill

14. PetrozavodskMash-Engineering Ltd. 65, Zaitceva Str., Petrozavodsk, 185031, Republic of Karelia, Russia tel: +7(8142) 77-08-00, 77-21-42; fax: +7(8142) 70-30-42, 77-21-42 e-mail: engineering@pbm.onego.ru http://www.pbm.onego.ru THANK YOU FOR YOUR TIME!