VNV Global — Net Asset Value 2009

Apr 9, 2009

Press Release April 9, 2009

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

Net asset value per share: USD: 3.12, SEK: 25.78

Change in net asset value (USD/share) March 2009: 8.54%

RTS index development, March 2009: 28.64%

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

1. Black Earth Farming 24.2%

2. RusForest 17.2%

3. Tinkoff Credit Systems 15.2%

Vostok Nafta's estimated net asset value as of March 31, 2009 amounted to approximately USD 287.37 mln (SEK 2,372.43 mln according to USD/SEK 8.2557). Net cash as of March 31 amounted to USD 11.31 mln. The number of outstanding shares per March 31, 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 March 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