VNV Global — Net Asset Value 2009

Aug 10, 2009

Press Release August 10, 2009

Net asset value of Vostok Nafta Investment Ltd as of July 31, 2009

Net asset value per share: USD: 3.92, SEK: 28.17

Change in net asset value (USD/share) July 2009: 5.11%

RTS index development, July 2009: 3.09%

Three largest holdings, July 31, 2009 (Share of Portfolio):

1. Black Earth Farming 28.5%

2. Tinkoff Credit Systems 10.0%

3. TNK-BP Holding 6.7%

Vostok Nafta's estimated net asset value as of July 31, 2009 amounted to approximately USD 395.70 mln (SEK 2,845.39 mln according to USD/SEK 7.1907). Net cash as of July 31 amounted to USD 20.43 mln. The number of outstanding shares per July 31, 2009 was 100,990,975. For the shares in the portfolio that are listed, the market value has been calculated by using the last available closing bid price as at July 31, 2009.

This report has not been subject to review by the company's auditors.

Per Brilioth Managing Director

For further information please contact: Robert Eriksson, Head of Investor Relations, Tel +46 8 545 015 50