VNV Global — Net Asset Value 2013

Jun 4, 2013

Press Release June 04, 2013

Net asset value as of May 31, 2013: USD 2.76 (SEK 18.15) per share excluding holdings in Black Earth Farming and RusForest

Net asset value per share excluding holdings in Black Earth Farming and RusForest: USD 2.76, SEK 18.15

Net asset value per share including holdings in Black Earth Farming and RusForest: USD 3.53, SEK 23.24

Change in net asset value (USD/share) May 2013: -0.79%*

RTS index development, May 2013: -5.39%

Two main holdings, May 31, 2013 (Share of Total NAV*):

1. Tinkoff Credit Systems 53.5%

2. Avito 32.2%

*Excluding holdings in Black Earth Farming and RusForest

Vostok Nafta's estimated net asset value as of May 31, 2013 adjusted for the distribution of holdings in Black Earth Farming and RusForest amounted to approximately USD 243.06 mln (SEK 1 601.11 according to USD/SEK 6,5872). Net cash as of May 31 amounted to USD 29.58 mln. The number of outstanding shares as of May 31, 2013 was 88,210,000. 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 May 31, 2013.

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