VNV Global — Net Asset Value 2014

May 5, 2014

Press Release May 5, 2014

Net asset value as of April 30, 2014: USD 5.80 (SEK 38.11) per share

Net asset value per share: USD 5.80, SEK 38.11 Change in net asset value (USD/share) April 2014: -6.67% RTS index development, April 2014: -5.74%

Three main holdings, April 30, 2014 (Share of Total NAV):

1. Avito 55.1%

2. Liquidity Management 12.6%

3. Tinkoff Credit Systems 12.0%

Vostok Nafta's estimated net asset value as of April 30, 2014 amounted to approximately USD 434.24 mln (SEK 2 852.53 according to USD/SEK 6,5690). Net cash as of April 30 amounted to USD 76.41 mln. The number of outstanding shares as of April 30, 2014 was 74,840,789. 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, 2014.

This report has not been subject to review by the company's auditors.

Per Brilioth Managing Director

For further information please contact: Björn von Sivers, Investor Relations, Tel +46 8 545 015 50