VNV Global — Net Asset Value 2013

Mar 4, 2013

Press Release March 4, 2013

Net asset value as of February 28, 2013: USD 3.99 (SEK 25.83) per share

Net asset value per share: USD 3.99, SEK 25.83

Change in net asset value (USD/share) February 2013: 3.93%

RTS index development, February 2013: -5.41%

Three largest holdings, February 28, 2013 (Share of Total NAV):

1. Tinkoff Credit Systems 37.2%

2. Black Earth Farming 27.8%

3. Avito 22.4%

Vostok Nafta's estimated net asset value as of February 28, 2013 amounted to approximately USD 352.38mln (SEK 2,278.06mln according to USD/SEK 6.4648). Net cash as of February 28 amounted to USD 22.70mln. The number of outstanding shares as of February 28, 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 February 28, 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