FINANCIAL INSTITUTIONS

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2 FINANCIAL INSTITUTIONS

3 ALOQABANK JOINT-STOCK COMMERCIAL BANK General Information Head office at Tashkent city, Mirobod Location region, Amir Temur Avenue, branches in almost all regions of Uzbekistan Date of establishment 1994 Number of employees Core business Financial services Current stake holders and their equity stakes State* 47.6% Others 52.4% (678 legal entities and 3265 individuals) Assets offered for privatization 56.59% Estimated cost of offered assets $ Investors 47.6% Distribution of shares after privatization Others 52.4% (678 legal entities and 3265 individuals) Additional investment commitments from an investor Valuation company Grant Thornton Valuation Date of evaluation report August 12, 2015 * State organizations Financial indicators Return on assets (ROA) Return on equity (ROE) Assets $ Liabilities $ Owners equity $ Earnings before taxes (EBT) $

4 Types of Services No. Type of Service Annual production Customers 1. Corporate loans Legal entities 2. Retail loans $ Individuals 3. Corporate deposits $ Legal entities 4. Retail deposits $ Individuals 5. Finance lease $ Legal entities 6. International money transfer $ Individuals 7. Currency transactions $ Legal entities and individuals 8. Correspondent operations $ Banks 9. Interbank deposits Banks 10. Investments $ Legal entities 11. Securities operations $ Legal entities 12. Plastic cards pieces Legal entities and individuals Additional information is available at: 77

5 JOINT-STOCK COMMERCIAL BANK TURONBANK General Information Location Uzbekistan, Tashkent, 4a Abay str. Date of Establishment 1990 Number of Employees person Core Business All types of Banking Services Current Stake Holders and Their Equity Stakes State 63.15% Others 36.85% Assets Offered for Privatization 63.15% Estimated Cost of Offered Assets $ Distribution of Shares after Privatization Additional Investment Commitments from an Investor Valuation Company Others 36.85% Investor 63.15% Grant Thoronthon LLC Date of evaluation report 20 September Financial Indicators Return on Assets (ROA) Return on Equity (ROE) Assets $ Liabilities $ Owners Equity $ Earnings before taxes (EBT) $

6 No. Types of Services 1. loans for small and medium-size businesses 2. mortgage 3. deposits 4. issuing and servicing payment cards 5. as well as cash-settlement Types of Services Foreign and Joint Venture Enterprises Long-Standing partners of The Bank Foreign and Joint Venture Enterprises Long-Standing Partners of the Bank JSC Akhangarancement FE LTD Peng Sheng FE LTD Nokia Solutions and networks Tashkent FE LTD Synecta Central Asia JSC Quvasaycement FE OJ UzBAT Galaxy Drilling Solutions Posco Engineering construction co.ltd Eriell Corporation S.R.O. FE LTD ZTE Corporation FE LTD ZTE Investment Additional information is available at: 79

7 KAFOLAT INSURANCE COMPANY JOINT STOCK COMPANY General Information Location 5, Mustakillik square, Tashkent, Uzbekistan Date of Establishment 1997 Number of Employees 539 Core Business Insurance services Current Stake Holders and Their Equity Stakes Ministry of Finance of the Republic of Uzbekistan 66.5% National Bank for Foreign Economic Activity of the Rep. of Uzbekistan 11.7% Navoi Mining and Metallurgical Complex (NMMC) 7.8% Uzagrosugurta SJSIC 3.7% Almalyk Mining and Metallurgical Complex (AMMC) 3.3% Asakabank 0.5% Aloqabank 0.3% Other legal entities 2.5% Physical persons 3.7% Assets Offered for Privatization 15.5% Estimated Cost of Offered Assets $ Ministry of Finance of the Republic of Distribution of Shares after Privatization Uzbekistan 51.0% Investor 15.5% Other shareholders 33.5% Additional Investment Commitments from an Investor $ Valuation Company Grant Thornton Valuation Date of evaluation report August 18, 2015 Financial Indicators Return on Assets (ROA) Return on Equity (ROE) Assets $ Liabilities $ Owners Equity $ Earnings before interest and tax (EBIT) $ Earnings before taxes (EBT) $

8 Insurance Portfolio Breakdown (2014) Premiums Share in Insurance Product total (%) I Compulsory Insurance including: $ ,99 70,45% 1 Civil Liability of Vehicle Owners (CICL) $ ,29 29,25% 2 Civil Liability of Employer (CICLE) $ ,47 17,35% 3 Passengers $ 4 930,35 0,03% 4 Construction Risks for Projects financed by Government or through Loans under Government Guarantee $ ,10 1,34% 5 Civil Liabilty for causing harm to Life, Health and (or) Property of Third Parties and Environment in case of accident at Hazardous $ ,03 2,31% Production Facility (HPL) 6 Court Experts $ ,33 0,31% 7 Reinsurance Incoming (for Compulsory Products) $ ,42 19,87% II Voluntary Insurance including: $ ,3 29,55% 1 Corporate Property $ ,7 1,69% 2 Mortgage Property $ ,2 15,44% 3 Motor vehicles $ ,0 0,97% 4 Cargo $ ,3 0,16% 5 Construction Risks $ ,0 0,09% 6 Individual Property $ ,0 0,91% 7 Leased Property $ ,0 1,69% 8 Civil Liability of Foreign Vehicle Owners $ ,1 0,39% 9 Personal Insurance $ ,2 3,88% 10 Reinsurance Incoming (for Voluntary Products) $ ,4 2,62% 11 Others $ ,3 1,71% TOTAL $ ,2 100,00% Note: Indices in US dollars terms are calculated according to the exchange rate of Central Bank of Uzbekistan to December 31, Additional information is available at: 81

9 UZAGROSUGURTA INSURANCE COMPANY Joint Stock Company General Information Location , Mustakillik square, 5, Tashkent, Uzbekistan Date of Establishment 1997 Number of Employees Core Business Insurance services (mainly agriculture field) Current Stake Holders and Their Equity Stakes Assets Offered for Privatization 24.6% Estimated Cost of Offered Assets $ Distribution of Shares after Privatization Additional Investment Commitments from an Investor Valuation Company Date of evaluation report Ministry of Finance 75.6% Association Uzpakhtasanoat % JSCB Agrobank - 6.3% JSC Turonbank - 2.3% Ansher Investments LLP - 1.3% Diamond Age Russian Inv. Ltd - 0.6% JSCB Qishloq qurilish bank - 0.5% LLP VIS AGRO % Other shareholders 0.28% Ministry of Finance 51% Investor 24.6% Other investors 24.4% Valuation is in completion stage Grant Thornton Valuation Valuation is in completion stage Financial Indicators Return on Assets (ROA) Return on Equity (ROE) Assets $ million Liabilities (with insurance reserves) $ million Owners Equity $ million Earnings before interest and tax (EBIT) $ 2.89 million Earnings before taxes (EBT) $ 2.89 million 82

Insurance Class Types of Services Provided Insurance Class Title Insurance Premiums in 2014 (in thousands) Customers 1 Accident Insurance $ 3 300,40 Individuals 2 Health Insurance $ 16,22 Individuals

10 Insurance Class Types of Services Provided Insurance Class Title Insurance Premiums in 2014 (in thousands) Customers 1 Accident Insurance $ 3 300,40 Individuals 2 Health Insurance $ 16,22 Individuals 3 Motor Insurance $ 153,69 Motor Vehicle Owners 4 Railroad Train Insurance $ 8,04 Rail Companies 5 Aircraft insurance $ 0,00 Airline Companies 6 Sea-craft Insurance $ 0,00 Sea-craft Owner s 7 Off-premises service $ 17,50 Individuals and Legal Entities 8 Fire and Accident Insurance & Property Damage Insurance $ 7 376,47 Individuals and Legal Entities 9 Motor Vehicle Liability Insurance $ ,58 Individuals and Legal Entities 10 Aviation Liability Insurance $ 0,00 Airline Companies 11 Sea Liability Insurance $ 0,00 Sea-craft Owner s 12 Civil Liability Insurance $ 5 693,37 Legal Entities 13 Credit Insurance $ 1 309,00 Individuals and Legal Entities 14 Guarantee Insurance $ 17,29 Legal Entities 15 Insurance of Financial Risks $ 3 341,68 Agricultural companies and other legal entities 16 Legal Expense Insurance $ 0,00 Individuals and Legal Entities Cost of Production of Services Cost of Production of Services without payment of claims (2014) Payment of Claims (2014) $ 7.88 million $ 6.29 million Additional information is available at: 83

Insurance Company COMPANY PROFILE

Insurance Company COMPANY PROFILE Company s establishment Established on March, 1997 under the Decree of the Cabinet of Ministers of the Republic of Uzbekistan # 144, dated March 14, 1997 Authorized Capital