Intelligent Mine -the Future of Mining!

Intelligent Mine – the First Robotized Mine in RussiaValue for end-user Increasing of mine fleet productivity by 15-20%

Allows to operate mining works at harsh climatic conditions and

remote regions

Solve problem with the lack of labor in mining regions

Allows to decrease operation cost

World experience Intelligent Mine – new market

• 2009• Trial operation of autonomous Komatsu mining trucks, remote managed

loaders• Robotic trains and drills implementation• 2010 – remote (1300 km form mining works) Operations Center in use

Rio Tinto («West Angelas» mine, Australia)

• 2011• Robotics trucks and drills implementation. Remote Control Center for 6 open

pits management developing• 2015 . Fully autonomous mine holding with 8 open pits and unique Control

Center in Edmonton.

Autonomous Mining System (Alberta Mining Corporation), Canada jointly with Caterpillar

100% subsidiary company of VIST Group– The leader in

Mine Fleet Management system in Russia and CIS

VIST Group is private owned

Plans IPO on MICEX – 4th Quarter 2012 – most of money

after IPO will be spend for Intelligent Mine Project

> 50 R&D employees

VIST Mining Technology Profile

Investment program

Targets mln

Intelligent Mine Project $ 15

M&A $ 6

Product Development $ 5

Regional Development $ 2

Social Programs (educational, grants, scholarship etc.) $ 1

2012-2014 - $ 27 - 30 mln.40-50 % - self-investments

48%

23%

18%

7%3%

РАЗРАБОТКА ИНТЕЛЛЕКТУАЛЬНОГО КАРЬЕРА

M&A

РАЗВИТИЕ ПРОДУКТОВ

РЕГИОНАЛЬНОЕ РАЗВИТИЕ

ОБРАЗОВАТЕЛЬНАЯ ПРОГРАММА

5

Intelligent Mine Project

M&A

Product Development

Regional Development

Social Programs (educational,grants, scholarship etc.)

Finance plan Growth in 2012-2015 provides by:

Number of Deployments

Average price increasing

Increasing of products supply to manufacturers of mining equipment

Diversification of solutions for mining

Income from Service and maintenance for customers

Diversificationof branches

CAGR 2012-15:

Revenue + 29%EBITDA + 32%

Income + 32%* Excluding Intelligent Mine NPV

118 140201

272149 177

253342

714

926

1 236

1 541

20,90%

19,08%20,48%

22,16%

0%

5%

10%

15%

20%

25%

30%

0

200

400

600

800

1000

1200

1400

1600

1800

2012О 2013П 2014П 2015П

ЧИСТАЯ ПРИБЫЛЬ EBITDA

ВЫРУЧКА НОРМА EBITDA

Growth rate*, mln. RUR

6

Net ProfitRevenue

EBITDAEBITDA Rate

VIST Mining Technology The Team involved into the Intelligent Mine Project

Belorus Autoworks- BelAZ

OMZ (Mining Shovels Producers)

VIST Group

Institute of Comprehensive Exploitation of Mineral Recourses

Cisco, Trimble, Motorola

SUEK, SDS (The biggest Coal Enterprises in Russia) Siberian

More than 20 years in the market

Own development of Software and Hardware

More than100 high qualified employees involved in design,

development, deployment and

support, including PhD.

More than 50 Mine Fleet Management Systems

deployments

Russian Government Award for VG Karier Mine Fleet Management

System in 2009

About 20% of VIST Group employees

already work in VIST Mining Technology

Flexible solutions with guarantee

quality

Background

• Severstal• Magnitogorsk Iron and Steel Works• LUTEK• Siberian Coal Energy Company

(SUEK)• SDS• SDS - AGRO• EVRAZ• METALLOINVEST• ArcelorMittall• Joint Venture "ERDENET“• Mechel

• POLIMETALL (Gold)• Eurochem• ENRC• SSGPO• KuzbassRazrezUgol• Metinvest• POLUS Gold• NLMK• DGK• UGMK• EN+• SMR

Company Clients

VIST Group:Headquarter - MoscowBranch Offices- Kemerovo, Mezhdurechensk, Stary Oskol, Apatity, Zheleznogorsk, Magnitogorsk Subsidiary companies

-VISTGroup Tekhnicheskiy Centr, Kryvyi Rih (Ukraine)-VIST Sensor, Minsk (Belarus)

Kemerovo

Mezhdurechensk

Kryvyi Rih(Ukraine)

Minsk (Belarus)

MoscowApatiti

ZheleznogorskStary Oskol

Magnitogorsk

Company STRUCTURE

Intelligent MineDescription

Key developments

Hardware and software for automatic hauling process

and remote controlled extraction

Software and hardware for Control Center

Wireless communication systems and high precision

navigation

• Mining Trucks• Shovels• Bulldozers

System Architecture

Mining EquipmentSW and HW for remote control and

automatic movement

System Server

GLONASSGPS

Remote Control Center

ERP, MES, EAM, Geological etc.

Competitive Advantages of Intelligent Mine Project

System is based on diverse and widely distributed in Russia and CIS mining equipment (BelAZ mining trucks, EKG shovels etc.)

Universal system, that later on can be used in different branches (railway, military, emergency)

Wide implementation capacity all over the world (including Africa and Asia)

Lower price of the System (30-40%)

What is done

1. Mine fleet management system VG Karier is implemented on the key mining enterprises

in Russia and CIS

2. On-board electronic systems developing for mining trucks BelAZ and OMZ mining

excavators

3. 2010. Remote managed robotized mining truck based on BelAZ 75137 was successfully

shown at Belaz Autoworks

4. 2011 Intelligent mine section at Russian Academy of Sciences is established

5. Vist Mining Technology – resident of IT cluster (Skolkovo foundation)

Nearest future:

2012-2013. First robotized area in Siberia at coal mining enterprise will be developed

TODAYs customers requests and ready to bye

Collision avoidance system

Robotized dump trucks

Remote management mining equipment

Systems of control and mineral quality management

Drill management systems

Integrated system of industrial safety and risk control

World Russia + CIS

Stage Grouping Grouping

Value $ 5 bln. $ 60 mln.

Growth rate 70% 50%

Competitors level high low

Number of competitors 5 3

Market share 15-20% 80-90%

Market of Intelligent Mine

Prospect Clients of Intelligent Mine

• VG Karier Mine Fleet Management systems users

• Mining enterprises operating at harsh climatic conditions andremote regions

• World mining enterprises (Africa, South America, Asia etc.)operating at harsh climatic conditions, uranium mines etc.

• Military and emergency applications

Prospective customers:

VIST Mining Technology107078, Moscow, Dokuchaev Per., h. 3, building 1

Tel.: (499) 975-3394, 975-2217, 975-2047, 975-3669Факс: (499) 975-1846

www.vistgroup.ruinfo@vistgroup.ru

Thank you!