Saint Petersburg, 21 st – 23 rd June, 2012 INTELLIGENT MINE - The Future of Mining VIST Mining Technology

1 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 INTELLIGENT MINE Development of the First Robotized Mine in Russia MISSION

2 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 VALUE FOR CUSTOMERS Increasing of mine fleet productivity by 15-20% Allows to operate mining works at harsh climatic conditions and remote regions Solve problem with the lack of labor in mining regions Allows to decrease operation cost INTELLIGENT MINE

3 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 Robotized mining equipment - Trucks - Excavators - Loaders - Dozers Control Center Wireless system High Precision Navigation KEY DEVELOPMENTS INTELLIGENT MINE

4 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 WHAT IS DONE Mine fleet management system VG Karier is implemented on the key mining enterprises in Russia and CIS Remote managed robotized mining truck based on BelAZ was successfully shown at Belaz Autoworks On-board electronic systems developing for mining trucks BelAZ and OMZ mining excavators 2011 Intelligent mine section at Russian Academy of Sciences is established INTELLIGENT MINE

5 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 WORLD EXPERIENCE – GROWTH OF THE MARKET Rio Tinto (mines in Pilbara, Australia), Komatsu project – 2 robotized mines Autonomous Mining System (Alberta Mining Corporation), Canada – Caterpillar project robotized mines Codelco, Chile –Komatsu project robotized mine WORLD EXPERIENCE 1 project is done 2 projects are developing INTELLIGENT MINE

6 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 Universal system – can be used in mining enterprises with every type of mining equipment Does not depend on type of used mining equipment (most of mining enterprises use combined mining equipment from different suppliers) Lower price of the System (30-40%) COMPETITIVE ADVANTAGES INTELLIGENT MINE

7 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 WorldRussia + CIS StageGrouping Volume$ 5 bln.$ 900 mln. Growth rate70%50% Competitors levelmediumVery low Number of competitors 53 Market Share15-20%80-90% MARKET INTELLIGENT MINE

8 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 MARKET POTENTIAL CLIENTS Existing client of parent company (> 50 mining holdings) Mining enterprises operating at harsh climatic conditions and remote regions Military and emergency applications World mining enterprises (Africa, Asia, Australia, South America)

9 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 BUSINESS MODEL STRUCTURE

10 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 Collision avoidance systemRobotized dump trucksRemote management mining equipmentSystems of control and mineral quality managementDrill management systemsIntegrated system of industrial safety and risk control TODAY customers request and ready to buy parts of INTELLIGENT MINE system BUSINESS MODEL

11 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 VIST MINING TECHNOLOGY KEY FACTS 100% subsidiary of VIST Group – the leader in development and deployment of Mine Fleet Management Systems in Russia and CIS > 50 employees in R&D department > 20 years in mining industry IPO plans on MICEX – 4 th Quarter Most part of money will invest into developing and promoting Intelligent Mine Government Award in field of Science and Technology Approved by ROSTEHNADZOR (officials)

12 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, $27-30 mln % - self investments INVESTMENT PROGRAM Targetsmln Intelligent Mine Project$ 15 M&A$ 6 Product Development$ 5 Regional Development$ 2 Social Programs (educational, grants, scholarship etc.) $ 1 Intelligent Mine Project M&A Product Development Regional Development Social Programs (educational, grants, scholarship etc.)

13 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 FINANCE PLAN Growth in provides by: Number of Deployments Average price increasing Increasing of products supply to manufacturers of mining equipment Diversification of solutions for mining Income from Service and maintenance for customers Diversification CAGR years.: Revenue + 29% EBITDA + 32% Net income + 32% *Excluding Intelligent Mine NPV Growth rate*, mln RUR. Growth rate Net Profit Revenue EBITDA EBITDA Rate

14 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 TEAM Dmitry Vladimirov CEO Awarded by Russian Government Price in field of Science and Technology Co-Founder of VIST Group In business since 1988 Nikolay Odintsev CTO, Phd, Awarded by Russian Government Price in field of Science and Technology In company since 1997 VIST MINING TECHNOLOGY Alexey Klebanov Mining Technology Director Phd Awarded by Russian Government Price in field of Science and Technology Co-Founder of VIST Group In business since 1988 Kliment Nikolaevich Trubetskoy Science consultant and leader, Phd, Academician, Awarded by Russian Government Price in field of Science and Technology, Member of RAC, Director of IPKON RAC Dmitry Klebanov Business Development Director In company since 2009 Mikhail Makeev Project Director In company since 2006

15 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 KEY PARTNERS OF THE PROJECT VIST MINING TECHNOLOGY

16 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 CLIENTS ALL MAJOR MINING HOLDINGS IN RUSSIA AND CIS More then 50 companies in 4 countries use our systems Our on-board equipment supplied to Indonesia, China, Latin America and other mining regions

17 XVI St. Petersburg International Economic Forum, 21 st – 23 rd June, 2012 THANK YOU! VIST Mining Technology , Moscow, Dokuchaev per., h.3,/1 tel: (499) , , , Fax: (499)