Re: SADOVAYA 15 MLN $ STRATY

Events after the end of the reporting period
In March 2013, PC Interdon LLC, the Group subsidiary, fulfilled its financial obligation towards
the EBRD timely and in full. Shakhta Sadovaya LLC and Shahta Rassvet-1 LLC have settled its
financial arrears in part. The payment terms of the balance was prolonged under the Additional
Agreements with OTP Bank.
In April 2013, the Group put into operation the first enrichment complex Vahrushevsky for
processing waste dumps with a total processing capacity of 150tones/h and an annual expected coal
output of 180-280 thousand tones.
In April PC “Interdon” LLC has entered into an export contract. The expected coal volume supply
is April – 500 tons, in May – 2,000-5,000 tons, June – from 5,000 tons.
The market situation continues to be weak and reflects in further contracting delays with key
buyers. At the date of this report, the coal prices remain unstable. The Group continues reducing all
operational costs.