Report on (Financial) Statements of “MB Technologies” Limited Liability Company for 2013

March 2014

Audit Report — “MB Technologies” LLC

Table of Contents Page

Independent Auditor’s Report 3 Appendices 1. Accounting (Financial) Statements of "MB Technologies" LLC for 2013: Accounting as of December 31, 2013 5 Financial Results Statement for 2013 7 Schedules to the Accounting Balance Sheet and Financial Results Statement 9

EY 2 EY CJSC Ernst & Young Vneshaudit: Building a better Sadovnicheskaya Nab., 77, bid. l working world Moscow, 115035, Russia Tel: +7(495)705 9700 +7 (495)755 9700 Fax: +7 (495) 755 9701 www.ey.com/ru OKPO (All-Russian Classifier of Businesses and Organizations): 00139790

Independent Auditor’s Report

To: the Sole Member of "MB Technologies" Limited Liability Company

We audited the enclosed accounting (financial) statements of "MB Technologies" Limited Liability Company (hereinafter — "MB Technologies" LLC) consisting of the Accounting Balance Sheet as of December 31, 2013, Financial Results Statement for 2013 and schedules thereto.

Liability of the Entity under Audit for Accounting (Financial) Statements

The headship of "MB Technologies" LLC shall be liable for preparation and authenticity of the specified accounting (financial) statements in accordance with the rules for preparation of the accounting (financial) statements established in the Russian Federation and for the internal control system necessary for preparation of the accounting (financial) statements not containing material misstatements due to fraud actions or errors.

Auditor’s Liability

Our liability consists in expressing of the opinion on reliability of these statements on the basis of our audit. We conducted the audit in accordance with Federal Standards of Auditing Activities applied in the Russian Federation and International Auditing Standards. These standards require that the applied ethics norms be complied with, as well as that the audit be planned and conducted so as to provide reasonable assurance the accounting (financial) statements do not contain any substantial misstatements. Auditing shall include conducting of the auditing procedures aimed at obtaining of audit evidences confirming the numeric indicators contained in the accounting (financial) statements and the information disclosed in it. Configuration of the auditing procedures is the subject of the auditor’s opinion, which is based on the risk assessment of material misstatements in the accounting (financial) statements made due to fraud or errors. In the process of this risk assessment, the Auditor regards the internal control system, which ensures preparation and reliability of the accounting (financial) statements in order to select an appropriate set of auditing procedures, but not in order to

A member firm of Ernst & Young Global Limited 3 express an opinion on the internal control system efficiency. Auditing shall also include assessment of proper nature of the applied accounting policy and reasonability of the assessment indicators obtained by the headship, as well as assessment of the accounting (financial) statements submission as a whole. We believe that the audit evidences found by us constitute sufficient and proper basis for expressing our opinion.

Opinion

In our opinion, the accounting (financial) statements reliably represent the financial state of "MB Technologies" LLC in all material respects as of December 31, 2013, the results of its financial an economic activity and flows for 2013 in accordance with the rules for the accounting (financial) statements preparation established in the Russian Federation.

Important Circumstances

Leaving the opinion on the accounting statements reliability unchanged, we draw your attention to the information set forth in clause 3 of Material Financial Information Disclosure of the Textual Notes to Accounting Statements, namely, the fact that upon Resolution of the Sole Member dated April 03, 2013 "MB Technologies" LLC was reorganized on August 14, 2013 by absorption of Technical Centre RTS OOO with simultaneous change of its business name. The Company changed its name from E-Stock Company Ltd. to "MB Technologies" LLC.

Miscellaneous

The enclosed accounting (financial) statements are not intended to represent the financial position and activity results in accordance with accounting principles or methods generally accepted in the countries and other territories other than Russian Federation. Respectively, the enclosed accounting (financial) statements are not intended for the persons unfamiliar with accounting principles, procedures and methods accepted in the Russian Federation.

(signed)

E. V. Zaichikova Partner of CJSC Ernst & Young Vneshaudit

March 25, 2014

Information of Entity under Audit Name: "MB Technologies" Limited Liability Company The record is made to the Unified State Register of Legal Entities on August 14, 2013 under Primary State Registration Number (OGRN) 1027700407624. Location: 13 Bolshoy Kislovskiy Pereulok, Moscow, Russia, 125009.

A member firm of Ernst & Young Global Limited 4 Information of Auditor Name: CJSC Ernst & Young Vneshaudit The record is made to the Unified State Register of Legal Entities on September 16, 2002 under Primary State Registration Number (OGRN) 1027739199333. Location: 77 Sadovnicheskaya Naberezhnaya, bld. 1, Moscow, Russia, 115035. CJSC Ernst & Young Vneshaudit is a member of Non-profit partnership «Audit Chamber of Russia» (NP ACR). CJSC Ernst & Young Vneshaudit is registered in the Register of NP ACR Auditors and Audit Organizations under No. 3027, and included into the reference copy of the Register of Auditors and Audit Organizations under record’s primary registration number 10301017410.

A member firm of Ernst & Young Global Limited 5 Balance Sheet as of December 31, 2013

CODES Form according to OKUD (All- 0710001 Russian Classifier of Administrative Documentation) Date (date, month, year) 31 12 2013 Organization "MB Technologies" according to OKPO (All-Russian 56721295 Limited Liability Company Classifier of Businesses and Organizations) Taxpayer Identification Number INN (Taxpayer Identification 7708169790 Number) Type of Activity in development according to OKVED (All-Russian 72.40 economic and using of databases and Classifier of Types of Economic activity information resources Activities) Form of form of ownership according to OKOPF (All-Russian 65 41 incorporation Classifier of Forms of Limited Mixed Russian ownership Incorporation)/OKFS (All-Russian Liability with a federal Classifier of Forms of Ownership) Company interest Unit of thousand roubles according to OKEI (All-Russian 384 measurement Classifier of Units of Measurement) Location 13 Bolshoy Kislvskiy Pereulok, Moscow, 125009 (address)

Clarifi Indicator Code As of As of As of cation December 31, December 31, December 31, 2013 2012 2011 I. NON-CURRENT ASSETS 1 Intangible assets 1110 6,546 6,932 7,447 Research and development results 1120 - - - Intangible research assets 1130 - - - Tangible research assets 1140 - - - 2 Property, plant and equipment 1150 26,073 15 310 Income-bearing investments in tangible 1160 - - - assets 3 Financial investments 1170 300 300 300 Deferred tax assets 1180 224 1,461 4,232 Other non-current assets 1190 1,455 2,552 4,003 Total for Section I 1100 34,598 11,260 16,292 II. CURRENT ASSETS 4 Inventory stock 1210 372 535 537

6 including: Materials 12101 372 - 2 Goods 12102 - 535 535 Value Added Tax on assets purchased 1220 90 309 309 5 Accounts receivable 1230 30,225 9,682 2,949 3 Financial investments (exclusive of cash 1240 50,000 11,000 6,000 equivalents) including: Deposit accounts 12401 50,000 11,000 6,000 Cash and cash equivalents 1250 87,862 9,530 2,176 including: Settlement accounts 12501 6,290 891 606 Other special accounts 12502 81,572 8,639 1,570 Other current assets 1260 - 94 73 including: VAT on advance payments and 12601 - 94 73 prepayments Deferred 12602 - - - Estimated liabilities 12603 - - - Total for Section II 1200 168,549 31,150 12,044 BALANCE 1600 203,147 42,410 28,336

Form 0710001 p. 2

Clarifi Indicator Code As of As of As of cation December 31, December 31, December 31, 2013 2012 2011 LIABILITIES III. CAPITAL AND RESERVES Authorized capital (, 1310 55,372 26,393 26,393 statutory fund, contributions of partners) Treasury shares 1320 - - - Revaluation of non-current assets 1340 - - - Capital surplus (without revaluation) 1350 2,672 311 311 capital 1360 - - - Retained earnings (uncovered loss) 1370 66,806 3,897 (3,041) Total for Section III 1300 124,850 30,601 23,663 IV. NON-CURRENT LIABILITIES Borrowings 1410 - - - Deferred tax liabilities 1420 719 7 7 Estimated liabilities 1430 - - - Other liabilities 1450 - - -

7 Total for Section IV 1400 719 7 7 V. CURRENT LIABILITIES Borrowings 1510 - - - 5 including: Accounts payable 1520 56,239 6,229 3,202 Unearned 1530 - - - 7 Estimated liabilities 1540 21,339 5,573 1,464 Other liabilities 1550 - - - Total for Section V 1500 77,578 11,802 4,666 BALANCE 1700 203,147 42,410 28,336

Head Officer (signed) Sergei Vladimirovich Sheliagin (signature) (printed name) Seal: LIMITED LIABILITY COMPANY * OGRN (Primary State Registration Number) 1027700407624 * MOSCOW * * MB Technologies * March 25, 2014 (signed)

8 Financial Results Statement for January—December 2013

CODES Form according to 0710002 OKUD Date (date, month, 31 12 2013 year) Organization "MB Technologies" Limited according to OKPO 56721295 Liability Company Taxpayer Identification Number INN 7708169790 Type of economic Activity in development and using according to OKVED 72.40 activity of databases and information resources Form of form of ownership according to 65 41 incorporation OKOPF/OKFS Limited Liability Mixed Russian ownership with a Company federal equity interest Unit of thousand roubles according to OKEI 384 measurement

Clarifi Indicator Code For January— For January— cation December of 2013 December of 2012 Revenue 2110 213,607 54,122 6 Sales cost value 2120 (129,473) (41,907) Gross earnings (loss) 2100 84,134 12,215 Selling expenses 2210 - - Administrative expenses 2220 - - Earnings (loss) from sales 2200 84,134 12,215 from interests in other 2310 - - organizations Interests receivable 2320 2,526 542 Interests payable 2330 - - Other revenues 2340 1,576 2,671 Other expenses 2350 (34,123) (2,159) Earnings (loss) before tax 2300 54,113 13,269 Current income tax 2410 (13,509) (3,558) including permanent tax liabilities 2421 (3,933) (904) (assets) Change of deferred tax liabilities 2430 (8) - Change of deferred tax assets 2450 (1,239) - Miscellaneous 2460 (23) (2,773) including: 24601 (23) (3) Fines and penalties for breach of tax

9 laws and other legislation Writing-off of deferred tax on - (2,770) loss 2006 Net earnings (loss) 2400 39,334 6,938

10 Form 0710002 p. 2

Clarifi Indicator Code For January— For January— cation December of December of 2013 2012 FOR REFERENCE 2510 - - Result of non-current assets revaluation, not included into the net earnings (loss) for the period Result of other operations, not included into 2520 - - the net earnings (loss) for the period Total financial result of the period 2500 39,334 6,938 Base earnings (loss) per share 2900 - - Diluted earnings (loss) per share 2910 - -

Head Officer (signed) Sergei Vladimirovich Sheliagin (signature) (printed name)

Seal: LIMITED LIABILITY COMPANY * OGRN 1027700407624 * MOSCOW * * MB Technologies * March 25, 2014 (signed)

11 Report on Change of Capital for January—December 2013

CODES Form according to 0710003 OKUD Date (date, month, 31 12 2013 year) Organization "MB Technologies" Limited according to OKPO 56721295 Liability Company Taxpayer Identification Number INN 7708169790 Type of economic Activity in development and using according to OKVED 72.40 activity of databases and information resources Form of form of ownership according to 65 41 incorporation OKOPF/OKFS Limited Liability Mixed Russian ownership with a Company federal equity interest Unit of thousand roubles according to OKEI 384 measurement

1. Capital Flow

Indicator Code Authorized Treasury Capital Reserve Retained Total Capital Shares Surplus Capital earnings (uncovered loss) Capital amount as of December 31, 2011 3100 26,393 - 311 - (3,041) 23,663 For 2012 3210 - - - - 6,938 6,938

12 Increase in capital – total: including: 3211 X X X X 6,938 6,938 net earnings revaluation of assets 3212 X X - X - - revenues directly allocated to the increase 3213 X X - X - - in capital additional issue of shares 3214 - - - X X - increase in nominal value of shares 3215 - - - X - X reorganization of the legal entity 3216 ------

13 Form 0710023 p. 2

Indicator Cod Authorized Treasury Capital Surplus Reserve Retained Total e Capital Shares Capital earnings (uncovered loss) Decrease in capital – total: 3220 ------including: 3221 X X X X - - loss revaluation of assets - X X - X - - 3222 expenses directly allocated to the decrease 3223 X X - X - - in capital decrease in nominal value of shares 3224 - - - X - - decrease in number of shares 3225 - - - X - - reorganization of the legal entity 3226 ------dividends 3227 X X X X - - Change in capital surplus 3230 X X - - - X Change in reserve capital 3240 X X X - - X Capital amount as of December 31, 2012 3200 26,393 - 311 - 3,897 30,601 For 2013 3310 28,979 2,361 - 66,806 98,146 Increase in capital – total: including: 3311 X X X X - 39,334 39,334 net earnings revaluation of assets 3312 X X - X - - revenues directly allocated to the increase 3313 X X - X - - in capital additional issue of shares 3314 - - - X X - increase in nominal value of shares 3315 - - - X - X 14 reorganization of the legal entity 3316 28,979 - 2,361 - 27,472 58,812 Decrease in capital – total: 3320 - - - - (3,897) (3,897) including: 3321 X X X X - - loss revaluation of assets 3322 X X - X - - expenses directly allocated to the decrease 3323 X X - X - - in capital decrease in nominal value of shares 3324 - - - X - - decrease in number of shares 3325 - - - X - - reorganization of the legal entity 3326 ------dividends 3327 X X X X (3,897) (3,897) Change in capital surplus 3330 X X - - - X Change in reserve capital 3340 X X X - - X Capital amount as of December 31, 2013 3300 55,372 - 2,672 - 66,806 124,850

15 Form 0710023 p.3

2. Adjustments Related to Changes in Accounting Policy and Error Corrections

Indicator Code As of December Change in capital for 2012 As of December 31, 2011 at the of net at the expense of other 31, 2012 earnings (loss) factors Capital — total 3400 23,663 6,938 - 30,601 before adjustments adjustment related to: 3410 - - - - change in accounting policy errors correction 3420 - - - - after adjustments 3500 23,663 6,938 - 30,601 including: 3401 (3,041) 6,938 - 3,897 retained earnings (uncovered losses): before adjustments adjustment related to: 3411 - - - - change in accounting policy errors correction 3421 - - - - after adjustments 3501 (3,041) 6,938 - 3,897 before adjustments 3402 - - - - adjustment related to: 3412 - - - - change in accounting policy errors correction 3422 - - - - after adjustments 3502 - - - -

16 Form 0710023 p. 4

3. Net assets

Indicator Code As of December 31, As of December 31, As of December 31, 2013 2012 2011 Net assets 3600 124,850 30,601 23,663

Head Officer (signed) Sergei Vladimirovich Sheliagin (signature) (printed name) Seal: LIMITED LIABILITY COMPANY * OGRN 1027700407624 * MOSCOW * * MB Technologies * March 25, 2014 (signed)

17 for January – December 2013

CODES Form according to 0710004 OKUD Date (date, month, 31 12 2013 year) Organization "MB Technologies" Limited according to OKPO 56721295 Liability Company Taxpayer Identification Number INN 7708169790 Type of economic Activity in development and using according to OKVED 72.40 activity of databases and information resources Form of form of ownership according to 65 41 incorporation OKOPF/OKFS Limited Liability Mixed Russian ownership with a Company federal equity interest Unit of thousand roubles according to OKEI 384 measurement

Indicator Cod For January— For January— e December of December of 2013 2012 Cash Flows from Current Transactions 4110 333,282 63132 Proceeds - total including: 4111 206,503 50,426 from sales of products, goods, works and services lease payments, license fees, royalties, 4112 - - commissions and other similar payments from resale of financial investments 4113 - - interests under deposits and overnight 4114 2,332 553 return of funds deposited to short-term financial 4115 63,000 12,000 investments money received upon merger with TC (Technical 4116 59,332 - Centre) RTS other proceeds 4119 2,115 153 Payments - total 4120 (251,142) (55,778) including: 4121 (64,360) (18,624) to suppliers (contractors) for raw materials, materials, works, services related to labour compensation to the employees 4122 (28,505) (13,265) interests under debt liabilities 4123 - - income tax 4124 (14,376) (1,540)

18 acquisition of short-term financial investments 4125 (102,000) (17,000) other payments 4129 (41,901) (5,349) Balance of cash flows from current transactions 4100 82,140 7,354 Cash Flows from Investment Transactions 4210 - - Proceeds - total including: 4211 - - from sales of non-current assets (except for financial investments) from sales of shares (equity interests) of other 4212 - - organizations from repayment of loans extended, from sales of 4213 - - debt securities (rights of claim for cash to other persons) dividends, interests under debt financial 4214 - - investments and similar proceeds from equity interests in other organizations 4215 - - other proceeds 4219 - - Payments - total 4220 - - including: 4221 - - related to acquisition, creation, modernization, reconstruction and preparation for use of non- current assets related to acquisition of shares (equity interests) 4222 - - of other organizations related to acquisition of debt financial 4223 - - investments (rights of claim for cash to other persons), loans extension to other persons interests under debt liabilities included into the 4224 - - investment asset value

4225 - - other payments 4229 - - Balance of cash flows from investment transactions 4200 - -

19 Form 0710004 с. 2

Indicator Code For January— For January— December of December of 2013 2012 Cash flows from Financial Transactions 4310 - - Proceeds - total including: 4311 - - obtaining credits and loans cash contributions of owners (members) 4312 - - from issue of shares, increase of equity interests 4313 - - from issue of bonds, promissory notes and other 4314 - - debt securities, etc. 4315 - - other proceeds 4319 - - Payments - total 4320 (3,897) - including: 4321 - - to owners (members) due to repurchase of their organization shares (equity interests) or their cessation of membership for payment of dividends and other earnings 4322 (3,897) - allocation payments to the owners (members) related to repayment (repurchase) of promissory 4323 - - notes and other debt securities, repayment of credits and loans 4324 - - other payments 4329 - - Balance of cash flows from financial transactions 4300 (3,897) - Balance of cash flows for the reporting period 4400 78,243 7,354

20 Balance of cash and cash equivalents as of the 4450 9,530 2,176 beginning of the reporting period Balance of cash and cash equivalents as of the end 4500 87,862 9,530 of the reporting period Value of effect of change of the foreign currency 4490 89 - exchange rate to ruble

Head Officer (signed) Sergei Vladimirovich Sheliagin (signature) (printed name) Seal: LIMITED LIABILITY COMPANY * OGRN 1027700407624 * MOSCOW * * MB Technologies * March 25, 2014 (signed)

21 Notes to the Accounting Balance Sheet and Financial Results Statement (thousand rubles) 1. Intangible Assets and Expenses for Research and Development, Experiment/Design and Technology (R&D) 1.1. Availability and Flow of Intangible Assets Form 0710005 p. 1

As of the beginning Changes for the period As of the end of of the year Disposed Revaluation the period accumula accumulate accumula accumu ted d Impair Accumul ted Indicator Code Period lated initial depreciati Received initial depreciatio ment Initial ated initial depreciati depreci value on and value n and loss value depreciati value on and ation impairme impairmen on impairme nt losses t losses nt losses Intangible assets - 5100 for 2013 18,778 (11,846) - - - (386) - - - 18,778 (12,232) total 5110 for 2012 18,778 (11,331) - - - (515) - - - 18,778 (11,846) including: 5101 for 2013 9,784 (9,784) ------9,784 (9,784) Other intangible 5111 for 2012 9,784 (9,784) ------9,784 (9,784) assets Exclusive 5102 for 2013 8,964 (2,032) - - - (386) - - - 8,964 (2,418) copyright to the 5112 for 2012 8,964 (1,522) - - - (511) - - - 8,964 (2,033) PC software applications, databases Exclusive owner’s 5103 for 2013 30 (30) ------30 (30) copyright to the 5113 for 2012 30 (25) - - - (4) - - - 30 (30) trade mark and service mark, name of the goods origin location

22

1.2. Initial Value of Intangible Assets Created by the Organization

Indicator Code As of December 31, As of December 31, As of December 31, 2013 2012 2011 Total 5120 - - - including: 5121 18,748 18,748 18,748 PC Software applications

23 Form 0710005 p. 2

1.3. Intangible Assets Paid-Up in Full

Indicator Code As of December As of December As of December 31, 31, 2013 31, 2012 2011 Total 5130 86 84 74 including: 5131 83 83 74 Other intangible assets Exclusive copyright to the PC software 5132 1 1 - applications, databases Exclusive owner’s copyright to the 5133 2 - - trade mark and service mark, name of the goods origin location

1.4. Availability and Flow of R&D Results

Indicator Code Period As of the beginning of Changes for the period As of the end of the the year period initial value part of Received Disposed part of the initial value part of the the value initial part of the value value expensed value value expensed as expensed as as expensed as incurred for incurred incurred incurred the period R&D - total 5140 for 2013 ------5150 for 2012 ------including: 5141 for 2013 ------5151 for 2012 ------

24 Form 0710005 p. 3

1.5. Incomplete and Unregistered R&D and Unfinished Transactions on Intangible Assets Acquisition

Indicator Code Period As of the Changes for the period As of the end of beginning of the costs for the costs expensed as accepted to be the period year period incurred without registered as giving a positive intangible assets result or R&D Costs for incomplete researches and 5160 for 2013 - - - - - developments - total 5170 for 2012 - - - - - including: 5161 for 2013 - - - - - 5171 for 2012 - - - - - incomplete operations on acquisition 5180 for 2013 - 146 - - 146 of intangible assets — total 5190 for 2012 - - - - - including: 5181 for 2013 - 38 - - 38 "Connect ME" trade mark 5191 for 2012 - - - - - "MB Technologies" trade mark 5182 for 2013 - 38 - - 38 5192 for 2012 - - - - - "МБ Технологии" trade mark 5183 for 2013 - 70 - - 70 5193 for 2012 - - - - -

25 Form 0710005 p. 4

2. Property, Plant and Equipment 2.1. Availability and Flow of Property, Plant and Equipment

Indicator Code Period As of the beginning Changes for the period As of the end of of the year Receive Objects retired accumul Revaluation the period initial accumul d initial accumul ated Initial Accumu initial accumul value ated value ated deprecia value lated value ated deprecia deprecia tion deprecia depreciat tion tion tion ion Property, plant and 5200 for 2013 8,530 (8,515) 47,590 (1,380) 727 (20,879) - - 54,740 (28,667) equipment (without regard 5210 for 2012 8,700 (8,390) - (170) 161 (286) - - 8,530 (8,515) to income bearing investments in the tangible assets) - total including: 5201 for 2013 2,144 (2,129) 3,653 (25) 25 (91) - - 5,772 (2,195) Production and household 5211 for 2012 2,273 (1,964) - (129) 120 (285) - - 2,144 (2,129) implements Other types of property, 5202 for 2013 4,402 (4,402) - (231) 231 - - - 4171 (4,171) plant and equipment 5212 for 2012 4,443 (4,443) - (41) 41 - - - 4,402 (4,402) Machines and equipment 5203 for 2013 1,984 (1,984) 43,215 (1,124) 471 (20,388) - - 44,075 (21,901) (except for the office 5213 for 2012 1,984 (1,983) - - - (1) - - 1,984 (1,984) appliances) Office equipment 5204 for 2013 - - 335 - - (281) - - 335 (281) 5214 for 2012 ------Means of transport 5205 for 2013 - - 387 - - (119) - - 387 (119) 5215 for 2012 ------Registered as income 5220 for 2013 ------

26 bearing investments in the 5230 for 2012 ------tangible assets - total including: 5221 for 2013 ------5231 for 2012 ------

27 Form 0710005 p. 5

2.2. Unfinished Capital Investments

Indicator Code Period As of the Changes for the period As of the end beginning of the costs for the written-off taken into of the period year period account as property, plant and equipment, or the cost is increased Incomplete construction and unfinished 5240 for 2013 - 6,578 - (6,578) - operations of acquisition, 5250 for 2012 - - - - - modernization, etc. of the property, plant and equipment — total including: 5241 for 2013 - 150 - (150) - Gaseous fire suppression system 5251 for 2012 - - - - - Network firewall ASA 5545-Х 5242 for 2013 - 444 - (444) - 5252 for 2012 - - - - - Network firewall ASA 5545-Х 5243 for 2013 - 444 - (444) - 5253 for 2012 - - - - - Router Cisco ASR1001 System Crypto 5244 for 2013 - 518 - (518) - 5254 for 2012 - - - - - Router Cisco ASR1001 System Crypto 5245 for 2013 - 518 - (518) - 5255 for 2012 - - - - - Router Cisco ASR1001 System Crypto 5246 for 2013 - 518 - (518) - 5256 for 2012 - - - - - Router Cisco ASR1001 System Crypto 5247 for 2013 - 518 - (518) - 5257 for 2012 - - - - - 28 Case TS IT 600*2200*1200 47U vented 5248 for 2013 - 144 - (144) - doors 5258 for 2012 - - - - - Case TS IT 600*2200*1200 47U vented 5249 for 2013 - 144 - (144) - doors 5259 for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - -

29 Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 144 - (144) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 148 - (148) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 148 - (148) - perforated doors for 2012 - - - - - Case TS IT 600*2200*1200 47HE for 2013 - 148 - (148) - perforated doors for 2012 - - - - -

30 2.3. Change of Value of Property, Plant and Equipment as a Result of Additional Construction, Additional Equipping, Reconstruction and Partial Liquidation

Indicator Cod for 2013 for 2012 e Increase of value of the Property, Plant and 5260 - - Equipment objects as a result of additional construction, additional equipping, reconstruction — total including: 5261 - - Decrease of value of the Property, Plant and 5270 - - Equipment objects as a result of partial liquidation — total: including: 5271 - -

31 Form 0710005 p. 6

2.4. Other Use of Property, Plant and Equipment

Indicator Cod As of December As of December As of December e 31, 2013 31, 2012 31, 2011 Property, plant and equipment let on lease and 5280 - - - accounted in the balance sheet Property, plant and equipment let on lease and 5281 - - - accounted off the balance sheet Property, plant and equipment taken on lease and 5282 - - - accounted on the balance sheet Property, plant and equipment taken on lease and 5283 18,154 - 5,563 accounted off the balance sheet Real estate objects accepted for operation and 5284 - - - actually used being in the process of state registration Property, plant and equipment transferred to 5285 - - - conservation Other use of the property, plant and equipment 5286 - - - (pledge, etc.) 5287 - - -

32 Form 0710005 p. 7

3. Financial Investments 3.1. Availability and Flow of Financial Investments

Indicator Cod Period As of the Changes for the period As of the end of e beginning of the Receiv Disposed interest of the period year ed (Repaid) (including current initial accum initial accum bringing of the market initial accum value ulated value ulated initial value to value value ulated adjust adjust the nominal (impair adjust ment ment one) ment ment losses) Long-term - total 5301 for 2013 300 ------300 - 5311 for 2012 300 ------300 - including: 5302 for 2013 300 ------300 - in authorized capitals 5312 for 2012 300 ------300 - Short-term - total 5305 for 2013 11,000 - 102,000 (63,000) - - - 50,000 - 5315 for 2012 6,000 - 17,000 (12,000) - - - 11,000 - including: 5306 for 2013 11,000 - 102,000 (63,000) - - - 50,000 - deposit accounts 5316 for 2012 6,000 - 17,000 (12,000) - - - 11,000 - Financial investments - total 5300 for 2013 11,300 - 102,000 (63,000) - - - 50,300 - 5310 for 2012 6,300 - 17,000 (12,000) - - - 11,300 -

33 Form 0710005 p. 6

3.2. Other Use of Financial Investments

Indicator Code As of December As of December As of December 31, 2013 31, 2012 31, 2011 Financial investments being pledged - total 5320 - - - including: 5321 - - - Financial investments transferred to the third 5325 - - - parties (other than by sale) - total including: 5326 - - - Other use of financial investments 5329 - - -

34 4. Inventory Stock 4.1. Availability and Flow of Inventories

Indicator Cod Period As of the Changes for the period As of the end of e beginning of the proceed disposed losses inventory the period year s and from turnover cost provisi costs cost provisi decrea among cost provisi value on value on for se in their value on amoun decrea value groups amoun t for se in (types) t for decrea value decrea se in se in value value Inventory stock - total 5400 for 2013 535 - 864 (1,027) - - X 372 - 5420 for 2012 537 - 1,603 (1,605) - - X 535 - including: 5401 for 2013 - - 864 (492) - - - 372 - Raw materials and other materials 5421 for 2012 2 - 32 (34) - - - - - and other similar assets Finished products 5402 for 2013 ------5422 for 2012 ------Goods for resale 5403 for 2013 535 - - (535) - - - - - 5423 for 2012 535 - 1,571 (1,571) - - - 535 - Goods and finished products 5404 for 2013 ------shipped 5424 for 2012 ------Costs of production in progress 5405 for 2013 ------5425 for 2012 ------Other inventories and costs 5406 for 2013 ------5426 for 2012 ------Deferred expenses (for the 5407 for 2013 ------

35 analytical accounting items posted 5427 for 2012 ------as a part of Inventories to the balance sheet) 5408 for 2013 ------5428 for 2012 ------

36 Form 0710005 p. 9

4.2. Pledged Inventories

Indicator Cod As of December As of December As of December e 31, 2013 31, 2012 31, 2011 Inventories not paid-up as of the reporting date — 5440 - - - total including: 5441 - - - Inventories pledged under a contract — total 5445 - - - including: 5446 - - -

37 Form 0710005 p. 10

5. Receivables and Payables 5.1. Presence and Flow of Accounts Receivable

Indicator Code Period As of the Changes for the period As of the end of beginning of the received disposed shift the period year of the accou amoun as a interests, repay allocat provisi long- accoun amoun nted t of result of fines and ment ion to on term ted t of under provisi economi other financi remedi indebt under provisi the the on for c charges al ation edness on for terms terms doubtf operatio payable result into of doubtf of ul ns the contra ul contra debts (amount short- ct debts ct of the term debt one under a transacti on, operatio n) Long-term accounts 5501 for 2013 ------receivable - total 5521 for 2012 ------including: 5502 for 2013 ------Settlements with 5522 for 2012 ------purchasers and customers Advances paid 5503 for 2013 ------

38 5523 for 2012 ------Other 5504 for 2013 ------5524 for 2012 ------5505 for 2013 ------5525 for 2012 ------Short-term accounts 5510 for 2013 10,162 (480) 305,940 1,641 (287,383) - 345 - 30,360 (135) receivable - total 5530 for 2012 3,422 (473) 82,127 443 (75,830) - - - 10,162 (480) including: 5511 for 2013 9,755 (480) 257,673 - (247,856) - 345 - 19,572 (135) Settlements with 5531 for 2012 1,850 (473) 67,002 - (59,097) - - - 9,755 (480) purchasers and customers Advances paid 5512 for 2013 341 - 26,322 - (21,081) - - - 5,582 - 5532 for 2012 475 - 8,965 - (9,099) - - - 341 - Other 5513 for 2013 66 - 21,945 1,641 (18,446) - - - 5,206 - 5533 for 2012 1,097 - 6,160 443 (7,634) - - - 66 - 5514 for 2013 ------5534 for 2012 ------Total 5500 for 2013 10,162 (480) 305,940 1,641 (287,383) - 345 X 30,360 (135) 5520 for 2012 3,422 (473) 82,127 443 (75,830) - - X 10,162 (480)

39 Form 0710005 p. 11 5.2. Overdue Accounts Receivable

Indicator Cod As of December 31, As of December 31, As of December 31, e 2013 2012 2011 accounte balance accounte balance accounte balance d under value d under value d under value the terms the terms the terms of of of contract contract contract Total 5540 135 - 138 - 138 - including: 5541 135 - 138 - 138 - settlements with purchasers and customers settlements with suppliers and customers (to the 5542 ------extent of the advance payments, prepayments) other 5543 ------5544 ------

5.3. Presence and Flow of Accounts Payable Indicator Code Period Balance Changes for the period Balance as of the received disposed shift of as of the beginnin as a result of interests, repayme allocatio the long- end of g of the economic fines and nt n to term the year operations other charges financial indebted period (amount of the payable result ness into debt under a the transaction, short- operation) term one Long-term accounts payable - 5551 for 2013 ------

40 total 5571 for 2012 ------including: credits 5552 for 2013 ------5572 for 2012 ------loans 5553 for 2013 ------5573 for 2012 ------other 5554 for 2013 ------5574 for 2012 ------5555 for 2013 ------5575 for 2012 ------Short-term accounts payable - 5560 for 2013 6,229 353,678 - (303,668) - - 56,239 total 5580 for 2012 3,202 92,553 - (89,526) - - 6,229 including: 5561 for 2013 1,504 147,344 - (111,387) - - 37,461 settlements with suppliers and 5581 for 2012 941 22,399 - (21,836) - - 1,504 contractors advance payments received 5562 for 2013 611 86,970 - (80,905) - - 6,676 5582 for 2012 476 37,429 - (37,294) - - 611 tax and due payments 5563 for 2013 3,797 69,560 - (61,644) - - 11,713 5583 for 2012 1,500 16911 - (14,614) - - 3,797 credits 5564 for 2013 ------5584 for 2012 ------loans 5565 for 2013 ------5585 for 2012 ------other 5566 for 2013 317 49,804 - (49,732) - - 389 5586 for 2012 285 15814 - (15,782) - - 317 5567 for 2013 ------5587 for 2012 ------Total 5550 for 2013 6,229 353,678 - (303,668) - X 56,239 5570 for 2012 3,202 92,553 - (89,526) - X 6,229

41 Form 0710005 p. 11 5.4. Overdue Accounts Payable

Indicator Code As of December As of December As of December 31, 2013 31, 2012 31, 2011 Total 5590 - - - including: 5591 - - - settlements with suppliers and contractors settlements with purchasers and customers 5592 - - - 5593 - - -

6. Production Costs

Indicator Code for 2013 for 2012 Material costs 5610 492 22 Expenses for labour compensation 5620 43,716 18,059 Allocations for social needs 5630 10,168 3,539 5640 3,858 802 Other costs 5650 71,239 19,485 Total for elements 5660 129,473 41,907 Change of the residual stock (increase [-]: of 5670 - - unfinished production, finished products, etc. Change of the residual stock (decrease [+]): of 5680 - (2) unfinished production, finished products, etc. Total expenses for ordinary activities 5600 129,473 41,905

42 Form 0710005 p. 13

7. Estimated Liabilities

Indicator Cod Balance as Recognize Repaid Written-off Balance as e of the d as surplus of the end beginning amount of the of the year period Estimated liabilities — total 5700 5,573 23,278 (6,270) (1,242) 21,339 including: 5701 - 20,388 - - 20,388 Provision for the annual remuneration payment for 2013 Provision for unused vacations 5702 1,103 2,890 (3,042) - 951 Provision for the annual remuneration payment for 5703 4,470 - (3,228) (1,242) - 2012

43 Notes to ACCOUNTING (Financial) STATEMENTS of "MB Technologies" Limited Liability Company for 2013

1. GENERAL INFORMATION

The Limited Liability Company (hereinafter — the “Company”) is established and exists under the Civil Code of the RF (Russian Federation) and Federal Law No. 14-FZ dated February 08, 1998 On Limited Liability Companies, other laws and regulatory legal acts of the Russian Federation.

Full business name of the Company: - in Russian: Общество с ограниченной ответственностью «МБ Технологии»; - in English: "MB Technologies" Limited Liability Company

Abbreviated business name of the Company: - in Russian: ООО «МБ Технологии» - in English: "MB Technologies" LLC

The Company was established on the basis of Resolution of the Foundation Meeting of the Company Members of April 26, 2001 with the following names:

Full business name of the Company: - in Russian: Общество с ограниченной ответственностью «И-Сток»; - in English: “E-Stock” Limited Liability Company; Abbreviated business name of the Company: - in Russian: ООО «И-СТОК»; - in English: E-Stock Company Ltd.

In accordance with resolution of the Sole Company Member dated July 24, 2013 (Joint Resolution of the Sole Member of E-Stock Company Ltd. and Technical Centre RTS OOO (Limited Liability Company) on the issues related to the competence of the joint General Meeting of members of the companies participating in absorption unnumb. dated July 24, 2013) the Company’s names were changed as follows: 44

Full business name of the Company: - in Russian: Общество с ограниченной ответственностью «МБ Технологии»; - in English: "MB Technologies" Limited Liability Company

Abbreviated business name of the Company: - in Russian: ООО «МБ Технологии» - in English: "MB Technologies" LLC

The specified amendments were registered on August 05, 2013.

The Company is the legal successor of Technical Centre RTS Limited Liability Company (OGRN (Primary State Registration Number) 1117746553099) as a result of reorganization of the Company in the form of absorption of Technical Centre RTS OOO on the basis of Resolution of the Sole Member of E-Stock Company Ltd. unnumb. dated April 03, 2013, Resolution of the Sole Member of Technical Centre RTS OOO unnumb. dated April 03, 2013 in accordance with Transfer Notice of Technical Centre RTS OOO unnumb. dated April 03, 2013. Under the Transfer Notice the Company succeeded all the rights and obligations of Technical Centre RTS OOO in respect of all the creditors and debtors.

Location of the Company: 13 Bolshoy Kislovskiy pereulok, Moscow, Russian Federation, 125009.

Primary State Registration Number: 1027700407624

Taxpayer Identification Number: INN (Taxpayer Identification Number) 7708169790

Tax Registration Reason Code: KPP (Tax Registration Reason Code) 770301001.

Objectives of the Company’s activity are: • Rendering of the paid services in outsourcing of application-oriented systems and products of various purpose including the electronic brokerage and trading systems of various purpose, information distribution systems, clearing, settlement and payment systems, electronic message exchange systems and electronic data interchange systems, and other systems and products;

45 • Letting on lease on a paid basis and sale of computing, telecommunication and other facilities and resources available at disposal of the Company; • Rendering of paid services in providing of access to the telecommunication networks of shared use and the specialized telecommunication networks and systems, services in transfer of information, exchange of electronic messages and electronic documents; • Rendering of the paid services in providing of information resources hosting; • Development and distribution on a paid basis, as well as rendering of the paid services in implementation, support and technical maintenance of the software products of various purpose;

The staff number with regard to part-time employees was 37 persons as of December 31, 2013, 10 persons — as of December 31, 2012, 11 persons — as of December 31, 2011. For reference: the staff number of Technical Centre RTS OOO was: 34 persons — as of December 31, 2012, 44 persons — as of December 31, 2011.

The Company Members holding the respective shares in the authorized capital are:

Names of the end owners: As of December 31, 2013 %% MICEX-RTS Moscow Exchange Open Joint-Stock Company 100.00

Management Bodies of the Company:

• General Meeting of the Company Members; • General Director.

The senior management body of the Company is the General Meeting of the Company Members.

The current Company's activity is managed by the General Director being the Sole Executive Body of the Company.

46 2. ACCOUNTING POLICY

Basis of Accounting (Financial) Statements Preparation

The Company’s accounting records are maintained in accordance with Federal Law No. 402-FZ dated December 06, 2011 On Accounting and Provision on Accounting Records and Statements Maintenance in the Russian Federation approved by Order of Ministry of Finance of the Russian Federation No. 34n dated July 29, 1998 (as amended on December 30, 1999, March 24, 2000, September 18, 2006, March 26, 2007, October 25, 2010 and December 24, 2010), as well as other applicable Accounting Regulations. The accounting statements of the Company for 2013 were prepared in accordance with the same Law and provisions.

The accounting records are maintained by double recording on the accounts pursuant to the working Chart of Accounts.

Bookkeeping accounting of the assets, liabilities and economic operations is maintained in the currency of the Russian Federation — the Russian rubles. When keeping the accounting records of the economic operations in foreign currencies the official exchange rate of ruble of the Central Bank of the Russian Federation actual as of the date of the transaction is applied. For reference: exchange rates of the foreign currencies applied in preparation of the accounting (financial) statements as of:

Currency December 31, 2013 December 31, 2012 December 31, 2011 Euro 44.9699 40.2286 41.6714 US Dollar 32.7292 30.3727 32.1961

Documenting of the assets, liabilities and economic operations, preparation of the statements shall be carried out in Russian.

The accounting records are maintained in automated form using "1C: Accounting 8 CORP" software.

Estimated Liabilities

Estimated liabilities are the impending expenses of the organization which may occur as a result of compliance with the law requirements, contracts performance. The estimated liabilities shall occur upon three concurrent circumstances: • As a result of activity the organization has some obligation to be fulfilled; 47 • As a result of this obligation fulfilment the economic benefits shall be reduced; • Amount of the expenses related to this obligation fulfilment may be reasonably determined.

In accordance with Order of Ministry of Finance of the RF No. 167n dated December 13, 2010 On approval of Accounting Regulation “Estimated Liabilities, Contingent Liabilities and Contingent Assets” (PBU (Accounting Regulations) 8/2010) the amount of 21,339.0 thousand rubles is posted to line 1540 of the Balance Sheet, consisting of provisions for annual remuneration payment for 2013 and the provision for unused vacations.

The amount of the provisions for vacations payment shall be formed based on the unused days of a vacation per each employee with regard to his/her average wages with deductions for social insurance. The amount of bonus provisions shall be formed based on the remuneration amounts based on the results of the reporting year and those planned to be paid out upon completion of the reporting period.

Provision As of December As of December As of December 31, 2013 31, 2012 31, 2011 Provision for the annual remuneration payment 20,388 4,470 Provision for unused vacations 951 1,103 1,464

As of December 31, 2013 in the statements there are specified the provisions’ balance generated in 2013. It is expected that this provisions’ balances are to be used by the Company during 2014 financial year. In the opinion of the Company headship, the actual expenses for the annual remuneration and vacation payments will not exceed the provisions amount posted to the statements as of December 31, 2013.

Uncertainty of Value Judgments

Below there are provided the basic assumptions concerning future events, as well as other sources of uncertainty of estimated values as of the reporting date, which imply the considerable risk of necessity to make material adjustments to the assets and liabilities net book value during the next reporting year: • provision for bad debts; • provision for decreases in the value of inventory stock; • useful life of intangible assets; • provisions formed due to consequences of conventional facts of economic activity. 48

Only item “Provision for Doubtful Debts” bears the risk of necessity to make material adjustments, because as of December 31, 2013 the Company did not form any provisions for decreases in the value of inventory stock, intangible assets and the provisions formed in accordance with the consequences of the conventional facts of economic activity.

The Company shall carry out evaluation of the accounts receivable on a quarterly basis, as of the reporting date, for the purpose of determination of the doubtful accounts receivable and formation of the provision for doubtful debts and allocation thereof to the financial result. The indebtedness shall be recognized as doubtful if not repaid within the period exceeding the term established by the terms and conditions of the contract (agreement) by six months, and not secured by the relevant guarantees. The accounts receivable on the settlements between the organizations included in the Moscow Exchange Group shall not be deemed doubtful.

Current and Non-Current Assets and Liabilities

In the accounting balance sheet the assets and liabilities are referred to the current ones in case their currency (repayment) maturity does not exceed 12 months from the reporting date. Other assets and liabilities are represented as the non-current ones.

Property, Plant and Equipment

Property, plant and equipment objects are accepted for accounting at the actual cost of acquisition thereof. The acquired assets of value not exceeding forty thousand (40,000) rubles per one unit shall be accounted as inventories and allocated to production costs as soon as they are output from the warehouse, on a nonrecurring basis. Depreciation of the property, plant and equipment shall be carried out using the straight-line method by the norms calculated based on the terms determined according to the Classification of Property, Plant and Equipment included in the depreciation groups, approved by Decree of the Government of the Russian Federation No. 1 dated January 1, 2002.

In the accounting records the leased property, plant and equipment are posted to the off-balance-sheet accounts in the following amounts: • electronic and computing appliances, machines and equipment — by the carrying value of the lessor; • non-residential premises — by the annual lease payments.

The property, plant and equipment shall not be revaluated.

49 Intangible Assets

The intangible assets shall include the acquired and/or created intellectual deliverables and objects of intellectual property (exclusive rights) used in production for a long time (more than 12 months). A unit of the intangible assets accounting shall be the inventory item. In particular, the intangible assets shall include:  exclusive right of the patent holder to an invention;  exclusive right of the author and other rightholder to use the PC software application;  exclusive right to the trade mark, trade name;  owning of know-how, secret formula, business experience information. The intangible asset shall be accepted for the bookkeeping accounting at its initial value determined as of the date of acceptance thereof for the bookkeeping accounting. The intangible assets shall not be revaluated. Intangible assets depreciation shall be accrued by the straight-line method on a monthly basis (on the last day of a month) according to the norms calculated by the Company based on the initial value and the useful life of the respective intangible assets item. The useful life of intangible assets shall be determined by the commission in the acts of putting into operation on the basis of the documentation of the transferring party or by expertise.

Inventories

Inventory stock shall be accepted for the accounting according to the actual cost value. When the inventories are output to production or otherwise disposed, they shall be evaluated by the method of approach weighted average cost value.

Accounts Receivable

The Company shall form doubtful debts provisions in case the accounts receivable are recognized as doubtful with allocation of the provision amounts to the financial result.

The indebtedness shall be recognized as doubtful if not repaid within the period exceeding the term established by the terms and conditions of the contract (agreement) by six months, and not secured by the relevant guarantees. The accounts receivable on the settlements between the organizations included in the Moscow Exchange Group shall not be deemed doubtful.

In case the accounts receivable are recognized as doubtful with maturity: 50 • over six months, the provisions are formed in the amount of 50 % of the indebtedness; • over one year, the provisions are formed in the amount of 100 % of the debt.

Cash and Cash Equivalents

For the purpose of Cash Flow Statement preparation the Company shall include in the cash structure the cash equivalents which mean short-term highly liquid financial investments that may easily be converted into a known amount of cash and are subject to the insignificant risk of changes in value. In particular, the Company shall attribute to cash equivalents the deposits in credit institutions, issued at request and/or with a maturity of three months or less, as well as highly liquid bank bills of exchange with a maturity up to three months. For the purpose of the Accounting Balance Sheet preparation the Company shall include the cash equivalents into the structure of financial investments.

Contracted Posting of Cash Flows

Cash flows are posted to the statement of cash flows as contracted data in the cases they characterize not only the organization's activities, but the activities of its contractors, and/or in case inflows of certain persons condition the respective payments to the other ones. In particular, the Company shall post the following cash flows as contracted data: a) indirect taxes as part of the proceeds from purchasers and customers, payments to suppliers and contractors and payments to the of the Russian Federation or reimbursement out of it are posted as contracted data.

Financial Investments The financial investments shall include the securities, contributions in the authorized capitals of other organizations, short-term deposits in the credit organizations with maturity up to 12 months. Financial investment shall be accepted for accounting according to the initial value. For the purpose of the subsequent evaluation the financial investments in securities shall be divided into two groups: financial investments having the current market value, and the financial investments for which the current market value cannot be determined. The financial investments having the current market value shall be accounted by this value. The financial investments whereof the current market value cannot be determined shall be accounted by the acquisition price. For the financial investments whereof the current market value cannot be determined the amount of nominal value excess over the purchase price shall not be taken into account till disposal.

Interest accrual on the deposits shall be posted on a monthly basis.

51 Settlements under Income Tax

According to the requirements of PBU 18/02 “Accounting of Income Tax Expenses” the Company shall post the deferred income tax (deferred tax assets and deferred tax liabilities, permanent tax assets and liabilities), i.e. the amounts that may influence the amount of the current income tax in the current and/or subsequent reporting periods, to the bookkeeping accounting.

Authorized Capital

The authorized capital shall be posted by the nominal value of shares.

Revenues and Expenses

Revenue shall be accepted for accounting in the amount calculated in monetary terms equal to the amount of cash and other property received, and/or to the amount of receivables (subject to the provisions of clause 3 of Accounting Regulation "Incomes of Organization" PBU 9/99 No. 32n (as amended on December 30, 1999, March 30, 2001, September 18, 2006, November 27, 2006)). If the amount received covers a part of revenue only, then the revenue accepted for accounting shall be determined as the amount of the proceeds and receivables (to the extent not covered with the proceeds). The revenue shall be recognized by the Company in the accounting, if the following conditions are simultaneously met (clause 12 of PBU 9/99):  the organization is entitled to receive such revenue, as follows from a certain contract, or as duly confirmed otherwise;  the amount of revenue may be determined;  there is confidence that economic benefits will grow as a result of a certain transaction;  the right of ownership (possession, use, or disposal) to the products (goods) has been transferred from the organization to the purchaser, or the work has been accepted by the customer (a service has been rendered);  the expenses incurred or are to be incurred in connection with such an operation may be determined. For the purpose of the bookkeeping accounting the revenue from the services sale shall be recognized as soon as the services are rendered. Revenues from Core Activities shall include:

• revenues from rendering of the services in information and technical support; • revenues from rendering of the services in technical access; 52 • revenues from rendering of the services in the sphere of information encryption; • revenues from rendering of the services in letting on lease of computing and telecommunication and other facilities and resources available at disposal of the Company.

Among the other Revenues the following shall be recognised:

• revenues from sale and disposal of property, plant and equipment and other assets of the Company; • interests for cash disbursement for use to the external organizations; • positive exchange rate differences; • revenues from foreign currency purchase and sale; • fines, penalties payable for the contractors’ failure to perform the terms and conditions of the contracts concluded; • other revenues.

In accordance with PBU 10/99 “Expenses of Organization” the expenses shall be subject to recognition in the accounting records irrespectively of the intention to obtain the revenue, miscellaneous or other income, and of the form of the expense making (in specie, in kind or otherwise). In accordance with clause 18 of PBU 10/99 “Expenses of Organization” the expenses are recognized in the reporting period they took place in, irrespectively of the time of actual payment of money and other form of implementation. Expenses on the ordinary activities shall be formed by the method of accrual broken down by the cost items. The general running costs, including those related to the organization management shall be accounted on balance sheet account 26 “General Running Costs” and upon completion of the reporting month shall be debited to the respective sub-account of balance sheet account 90 “Sales”.

Expenses on Core Activities shall include:

• expenses for labour compensation; • expenses for lease, maintenance and protection of property; • depreciation charges; • expenses for information and consulting services; • agency fee; • expenses for taxes and charges included in the cost value.

53 Among the other Expenses the following shall be recognised:

• expenses from writing-off, retirement, free transfer and other disposal of property, plant and equipment and other assets; • expenses related to payment for the services rendered by the credit organizations; • negative exchange rate differences; • fines, penalties, forfeits for violation of the terms and conditions of the contracts; • taxes and charges not included in the cost value and not accepted for deduction; • expenses in the form of a Bonus under “IT Development” Program paid by the Company to its purchasers who have been the Program participants; • other expenses.

Authorized Capital 28,979 28,980 Capital Surplus 2,361 2,360 Retained earnings 27,472 70,501

As of the moment of absorption the authorized capital of the Principal Company (E-Stock Company Ltd.) amounted to 26,393 thousand rubles. As of the moment of absorption the authorized capital of the absorbed Company (Technical Centre RTS OOO) amounted to 28,979 thousand rubles. As a result of the reorganization the authorized capital of the Principal Company increased by the amount equal to the absorbed Company’s authorized capital and amounted to 55,372 thousand rubles as of December 31, 2013.

Property, Plant and Equipment

Flow and availability of property, plant and equipment, and interest bearing investments in tangible assets, and the respective accumulated wear and tear is provided in Table 2.1 of the Notes to the Balance Sheet.

As of December 31, 2013 the carrying value of the fully depreciated property, plant and equipment, without regard to the wear and tear amounted to 11,187 thousand rubles (December 31, 2012: 8,353 thousand rubles, December 31, 2011: 8,700 thousand rubles).

Information of the change in the value of property, plant and equipment at which they are accepted for the bookkeeping accounting (further construction, further equipping, reconstruction) is provided in Table 2.3 of Notes to Accounting Balance Sheet. 54

Cash and Cash Equivalents

As of December 31 cash shall include (thousand rubles):

2013 2012 Cash in rubles on hand and on accounts in banks 6,093 891 Cash in foreign currency on hand and on accounts in banks 197 - Overnight 81,572 8,639 Total for cash in the Accounting Balance Sheet 87,862 9,530 Cash equivalents - - Total for the cash in the Cash Flow Statement 87,862 9,530

The Company does not have other cash assets.

Financial Investments Information on availability and flow of financial investments in the reporting period is provided in Table 3.1 of the Notes to Accounting Balance Sheet.

As of December 31 the financial investments value amounted to (thousand rubles):

2013 2012 2011 The share financial investments whereof the 300 300 300 current market value cannot be determined (300 shares of NAMEX).

55 As of December 31, 2013 the Company has made the following deposits (thousand rubles):

Deposits broken down by repayment terms Amount Repayment Interest rate term National Clearing Centre JSCB CJSC 50,000 January 09, 5.68 2014 Total for deposits 50,000

Information of deposits availability as of the other reporting dates (thousand rubles):

Deposits broken down by repayment As of Amount Repayment Interest rate terms term National Clearing Centre JSCB CJSC December 31, 11,000 January 28, 5.9 2012 2013 National Clearing Centre JSCB CJSC December 31, 6,000 January 11, 5.26 2011 2012

Authorized Capital

As of December 31, 2013 the authorized capital of "MB Technologies" LLC amounted to 55,372,035 rubles. Authorized capital is fully paid-up.

Net Earnings

As of December 31, 2012 the retained earnings in the amount of 3,897 thousand rubles, including the net earnings of the current year in the amount of 6,938 thousand rubles are posted to line 1370 of the Accounting Balance Sheet (Form No. 1).

As of December 31, 2013 the retained earnings in the amount of 66,806 thousand rubles, including the net earnings of the current year in the amount of 39,334 thousand rubles are posted to line 1370 of the Accounting Balance Sheet (Form No. 1).

56 Information on Revenues and Expenses

As a result of economic activity carried out in 2013 the revenues of "MB Technologies" LLC amounted to 217,709 thousand rubles, in 2012 — to 57,335 thousand rubles and were formed of the following main sources:

(thousand rubles)

Revenue item For 2013 For 2012 Revenues from ordinary activities, including: 213,607 54,122 Services of information and technical support 70,253 Technical access services 13,472 10,725 Services in the sphere of information encryption, distribution 8,069 7,443 of the protection (cryptographic) tools Services in letting on lease of computing and 121,813 35,954 telecommunication and other facilities and resources available at disposal of the Company Interests receivable 2,526 542 Revenues from assets sale 15 2,650 Positive exchange rate difference 282 12 Other non-operating income 1,279 9 Total 217,709 57,335

57 As a result of economic activity carried out in 2013 the expenses amounted to 163,596 thousand rubles, in 2012 — to 44,066 thousand rubles, including:

(thousand rubles)

Expense item For 2013 For 2012 Expenses on the core activity posted to section “Revenues 129,473 41,907 and Expenses under Ordinary Activities” of the (Form No. 2) including: labour compensation 43,716 18,059 expenses for lease, maintenance and protection of property 41,735 3,225 depreciation charges 3,857 802 expenses for information and consulting services 5,198 4132 expenses for taxes and charges included in the cost value 10,230 3,549 agency fee 8,255 5119 expenses for the enterprise management 2,210 2,160 maintenance of equipment and motor vehicles 5,413 2,648 other expenses 8,859 2,213 Other expenses allocated at section “Other income and 34 123 2 159 costs” of P&L report (Form No. 2) Total 163 596 44 066

Tax on profit Profit before taxation in 2013 amounted 54 113 ths. RUB. In 2013 current profit tax amounted 13 509 ths. RUB. Profit before taxation in 2012 amounted 13 269 ths. RUB. In 2012 current profit tax amounted 3 558 ths. RUB.

58 Other balance sheet indicators

Accounts receivable

As of December 31, 2013 the following amounts are reflected (line 1230 “Accounts receivable”):

(ths. RUB) Expenditure item As of 31.12.2013 As of 31.12.2012 As of 31.12.2011 Settlements with contractors 25 018 9 616 1 853 Settlements with extrabudgetary funds 368 54 - Settlements with budget 4 628 3 966 Settlements with reporting entities and persons - - Other 211 9 130

As of December 31, 2013 the Provision for Doubtful Debts amounted to 135 thousand rubles, as of December 31, 2012 — 480 thousand rubles.

Accounts Payable

The following amounts are posted to the Accounting Balance Sheet of the Company, to line 1520 “Accounts Payable”: (thousand rubles) Expense item As of December 31, As of December 31, As of December 31, 2013 2012 2011 Settlements with contractors 44,137 2,115 1,417 Settlements with extra-budgetary funds 218 - Settlements with state budget 11,495 3,797 1,500 other 389 317 285

59 Related Parties

The related parties of the Company in 2013 were:

1. Company owning 100% of the Company shares: - MICEX-RTS Moscow Exchange Open Joint-Stock Company (MICEX-RTS OJSC till June 29, 2012); The following companies controlled by the same group of entities "MB Technologies" LLC is a member of: - National Settlement Depository; - LLC MICEX-Finance; - MICEX-IT Closed Joint-Stock Company; - National Clearing Centre Joint Stock Commercial Bank (Closed Joint-Stock Company); - Closed joint-stock company "MICEX Stock Exchange"; - RTS Clearing Centre; - Settlement Chamber RTS; - Depository Clearing Company ZAO (Closed Joint Stock Company); - Joint Stock Eurasian Trade System Commodity Exchange; - JSC «PFTS STOCK EXCHANGE»; - MICEX (CYPRUS) Limited.

In 2013 the following transactions with related parties were executed by the Company due to carrying out of the core activities:

60 (thousand rubles)

No. Names of the Services rendered Expenses of Revenues of Balance of mutual companies, related the the Company settlements as of parties to "MB Company for the year December 31, 2013 Technologies" LLC for the year ended on (including VAT) ended on December 31, Dr Cr December 2013 (without 31, 2013 VAT) (without VAT) 1 Moscow Exchange Services of the 12,229 972 OJSC enterprise management, lease of assets, other services 2 Moscow Exchange Services in - 4,050 599 - OJSC technical support of the software, cryptographic processing of information, equipment placement 3 NSD Services of 85 - - 7 arrangement of settlement and cash servicing 4 NSD Services of 2,042 382

61 cryptography, technical access 5 MICEX-IT ZAO Services of 1,220 120 - cryptography 6 Depository Clearing Services of 610 120 Company ZAO equipment placement and maintenance 7 Closed joint-stock Performance of 1456 165 company "MICEX functions of a Stock Exchange" technical centre, sublicense to the software 8 RTS Clearing Centre Equipment lease 1,050 542 9 National Clearing Services of 84 - Centre JSCB CJSC cryptography, technical maintenance 10 National Clearing Services of 8 4 Centre JSCB CJSC arrangement of settlement and cash servicing

In 2012 the following transactions with related parties were executed by the Company due to carrying out of the core activities of rendering of services in information and technical support:

62 (thousand rubles)

No. Names of the Services rendered Expenses of Revenues of Balance of mutual companies, related the the Company settlements as of parties to "MB Company for the year December 31, 2012 Technologies" LLC for the year ended on (including VAT) ended on December 31, Dr Cr December 2012 (without 31, 2012 VAT) (without VAT) 1 Moscow Exchange Services of the 9,623 399 OJSC enterprise management 2 Moscow Exchange Services of the - 7,932 753 _ OJSC equipment placement 3 NSD Services of 34 - - arrangement of settlement and cash servicing 4 NSD Services of 1,895 cryptography, technical access 5 National Clearing Services of 58 - - - Centre JSCB CJSC arrangement of settlement and cash servicing 6 National Clearing Services of 80

63 Centre JSCB CJSC technical support 6 MICEX-IT ZAO Services of 1,260 120 cryptography 8 RTS Stock Exchange Services of 1,220 240 ZAO cryptography

Pricing on the operations specified above was made on a contractual basis with regard to the market conditions.

Residuals on the Off-Balance-Sheet Accounts

Statement on the values posted to the off-balance-sheet accounts as of December 31, 2013 includes: - Value of the leased premise in the amount of the annual lease payment — 18,154 thousand rubles;

As of December 31, 2012 the values were not posted to the off-balance-sheet accounts.

Conventional Facts of Economic Activity

In the course of the activity of "MB Technologies" LLC the customers and contractors may lodge claims to the Company. The management considers that as a result of the consideration thereof the Company shall not bear any material losses and, respectively, the provisions in the financial statements were not formed.

The core economic activity of the Company is carried out in the Russian Federation. Since the laws and regulatory documents influencing the economic situation in the Russian Federation are subject to frequent modifications, the assets and operations of the Company may meet risks in case of worsening of the political and economic situation.

At present the markets of capital and the credit markets of the major world economies are characterized by significant volatility. Regardless the measures which were taken or may be taken by the Russian Government in order to stabilize the situation, due to instability of the world and Russian capital markets and Russian capital markets and credit markets as of the date of signing of these financial statements the economic uncertainty exists. The economic uncertainty situation may survive in the nearest future.

64 The tax laws of the Russian Federation allow various interpretations and are subject to frequent modifications. Interpretation of the laws by the managers concerning the operations and activity of the Company may be challenged by the relevant regional and federal tax authorities. This may result in the necessity to defend its interests in the court for the reason of the difference between interpretation by the tax authorities of the tax laws’ standards and the taxpayer’s position. As a result, the taxes, as well as fines and penalties may be additionally charged.

The Company management considers that its interpretation of the tax laws is correct, and the tax positions of the Company will be confirmed.

Net Assets

As of December 31, 2013 As of December 31, 2012 I. Assets 1. Intangible Assets 6,546 6,932 2. Property, Plant and Equipment 26,073 15 3. Incomplete construction 4. Income-bearing investments in tangible assets - 5. Long-term and short-term financial investments 50,300 11,300 6. Other non-current assets 1,679 4,013 7. Inventory stock 372 535 8. Value Added Tax on assets purchased 90 309 9. Accounts Receivable 30,225 9,682 10. Cash 87,862 9,530 11. Other current assets 94 12. Total for the eligible assets (amount of above items 203,147 42,410 1‒11) II. Liabilities 13. Non-current liabilities under loans and credits - 14. Other non-current liabilities 719 7 15. Current liabilities under loans and credits 16. Accounts payable 56,239 6,229

65 17. Indebtedness on income payment to the members - (founders) <*> 18. Provisions for future expenses 21,339 5,573 19. Other current liabilities - 20. Total for the eligible liabilities (amount of above 78,297 11,809 items 13‒19) 21. Value of the net assets of the joint stock company 124,850 30,601 (total assets accepted for calculation (page 12) minus total liabilities accepted for calculation (page 20))

Post-Reporting Event

As of the date of these statements preparation the management of "MB Technologies" LLC is not aware of the facts and events after the statements execution completion that could influence the financial state of the organization in 2014. Besides, in 2014 the Company management cannot forecast occurrence of any financial, legal, country, regional and reputational risks due to their uncertainty, for which reason the indicators on all the risk categories specified the Company may have are not disclosed in the statements for 2013.

General Director (signed) S. V. Sheliagin Seal: LIMITED LIABILITY COMPANY * OGRN 1027700407624 * MOSCOW * * MB Technologies *

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