VNV Global — Net Asset Value 2013

Feb 4, 2013

Press Release January 31, 2013

Net asset value as of January 31, 2013: USD 3.84 (SEK 24.40) per share

Net asset value per share: USD 3.84, SEK 24.40

Change in net asset value (USD/share) January 2013: 2.91%

RTS index development, January 2013: 6.23%

Three largest holdings, January 31, 2013 (Share of Total NAV):

1. Tinkoff Credit Systems 38.6%

2. Black Earth Farming 24.4%

3. Avito 23.3%

Vostok Nafta's estimated net asset value as of January 31, 2013 amounted to approximately USD 339.05mln (SEK 2,152.39mln according to USD/SEK 6.3484). Net cash as of January 31 amounted to USD 26.89mln. The number of outstanding shares as of January 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 January 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