VNV Global — Net Asset Value 2009

May 8, 2009

Press Release May 8, 2009

Net asset value of Vostok Nafta Investment Ltd as of April 30, 2009

Net asset value per share: USD: 3.85, SEK: 30.96

Change in net asset value (USD/share) April 2009: 23.32%

RTS index development, April 2009: 20.77%

Three largest holdings, April 30, 2009 (Share of Portfolio):

1. Black Earth Farming 31.4%

2. RusForest 13.9%

3. Tinkoff Credit Systems 12.6%

Vostok Nafta's estimated net asset value as of April 30, 2009 amounted to approximately USD 354.38 mln (SEK 2,849.78 mln according to USD/SEK 8.0415). Net cash as of April 30 amounted to USD 7.67 mln. The number of outstanding shares per April 30, 2009 was 92,041,802. 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 April 30, 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