1. Presenter: Hasan Hagverdiyev Managing Partner at Euro Audit LLC

2. AZERBAIJAN Population: 9 mio 2009 GDP: USD 45 billions “Engine” of Economy: Oil & Gas industry Developing sectors: FSIs, Construction, Manufacturing. Main economic partners: EU, Russia, Turkey, USA

3. A few words about Euro Audit  Highly qualified and experienced staff;  Distinctive client portfolio;  Broad line of services;  Good relationship with regulatory bodies;  Speedy business development;

4. Services we provide Consulting Audit and Assurance Corporate Finance Accounting Tax and Legal

5. AUDIT & ASSURANCE  Annual and interim statutory and IFRS audit  Audits of the financial statements prepared as per the US GAAP and other GAAPs  Audits under the existing Production Sharing Agreements (“PSAs”)  Review of financial statements  Compilation of financial statements

6. TAX & LEGAL SERVICES  Corporate, Indirect, Individual and International tax advisory services  Assistance during audits conducted by various state authorities in Azerbaijan  Transfer pricing  Tax dispute resolution  Registration, re-registration and de-registration services  Obtaining of exemption certificates and work permits, etc.

7. CONSULTING  Business and strategic planning  Economic research and consultancy  Succession and exit planning  Management reporting  IT consulting (including ERP selection, implementation and maintenance)  Cash flows, budgets and financial modelling  Advice on business and ownership structures  Working capital management  Provision of accounting (IFRS) trainings

8. CORPORATE FINANCE  Capital markets and public listings  Debt and equity fundraising  Mergers and acquisitions  Management buy-outs (MBOs)  Preparing a business for sale or disposal  Due diligence investigations  Transaction support services  Broking  Post-deal integration and support

9. ACCOUNTING SERVICES  Provision of daily accounting services as per the statutory standards and IFRS  Preparation and submission of the reports to the state authorities  Calculation and transfer of salary  Provision of bank operations..

10. Our targets  Local and foreign oil and oil service companies  Banks and other financial institutions  Local holding companies  State bodies  Other potential clients

11. Few of our clients  State Mortgage Fund of Azerbaijan Republic  Ministry of Finance  Technoalpin A.G./S.P.A.  Interenerji  Det-al  Seacor Marine  Korean National Oil Company & etc

12. Any questions? Thank you for your attention!!!

13. HASAN HAGVERDIYEV Managing Partner Email: hasan.hagverdiyev@nexia.azhasan.hagverdiyev@nexia.az Tel: +99412 5966960 Fax: +99412 5966867 www.nexia.az