VNV Global — Net Asset Value 2013

May 3, 2013

Press Release May 03, 2013

Net asset value as of April 30, 2013: USD 3.73 (SEK 24.23) per share

Net asset value per share: USD 3.73, SEK 24.23

Change in net asset value (USD/share) April 2013: -5.56%

RTS index development, April 2013: -3.62%

Three largest holdings, April 30, 2013 (Share of Total NAV):

1. Tinkoff Credit Systems 39.8%

2. Black Earth Farming 24.3%

3. Avito 24.0%

Vostok Nafta's estimated net asset value as of April 30, 2013 amounted to approximately USD 329.37mln (SEK 2,137.52 according to USD/SEK 6,4898). Net cash as of April 30 amounted to USD 29.14mln. The number of outstanding shares as of April 30, 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 April 30, 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