General Information

• Date of foundation: February 19, 2001• License for Reinsurance № П 3486 77 of

June 7, 2007 by Federal Agency of Insurance Supervision

• Shareholder : 100% JSC «Alex Group» :• Paid authorized capital stock: RUR

120 000 000 Declared authorized capital stock: RUR 500 000 000 – to 01.07.2008 RUR 1 000 000 000 – to 01.01.2009

• Insurance reserves (on 01.10.2007)– RUR 59 400 000

Mission of Profile Re is to increase reliability of insurance within Russia and all over the World. By rendering high-quality proficient services we aim at leadership in reinsurance.

Profile Re is a trustworthy partner in reinsurance.

Profile Re’s Performance Standards

Quotation of facultative slips during 1 hour

Accept slips during 1 working day(always with the date of receiving of the offer)

Payment of indemnity on the next day after receiving all relevant documents .

Figures and facts

2003 2004 2005 20062007,

9 months

Authorized capital stock 40,0 120,0 120,0 120,0 120,0

Written Premium 21,6 40,6 41,8 85,5 105,2

Paid Losses 5,5 16,1 23,4 37,0 48,5

Own assets 46,5 127,1 127,1 135,8 156,8Operation expenses 7,0 12,9 17,4 21,1 16,6Operation expenses ratio, %

26% 29% 38% 24% 16%

Net profit 0,9 0,6 0,004 8,6 16,6

Dynamic of Basic Figures, mln RUR

Dynamic of written premium and losses, mln. RUR

0

20

40

60

80

100

120

2003 2004 2005 2006 2007,9months

WrittenPremium,mln. RUR

Paidlosses,mln. RUR

0

2

4

6

8

10

12

14

16

18

2003 2004 2005 2006 2007, 9 months

Dynamic of Net Profit, mln. RUR

Kind of assetTotal sum of assets

on 01.07.2007, Own assets

settled by LowReserves

Own assets in excess of settled

by LowAvailable assets

Deposits in banks with Rating 60,0 48,0 12,0 - -

Deposits in banks without Rating 34,3 24,0 10,0 0,3 -

Settlement account 70,8 40,6 22,7 4,5 2,9

Real estate 6,3 6,3 - - 0,1Fixed assets other

then real estate 1 ,1 1,1 - - 0,1

Reinsurance receivable 39,9 - 13,7 - 26,2

Other receivable 4,5 - - - 4,5

Reinsurers’ share in reserves 0,9 - 0,9 - -

Funds held by ceding companies 0,5 - 0,5 - -

Shares of other organisations 33,2 - - 33,2 -

Total 251,8 120,0 60,0 38,0 33,9

Spread of own assets, mln. RUR

Rating agency Rate Description

Expert RA «А» High level of reliability. In a short-term period company can guarantee with confidence fulfillment of all undertaken obligations: current and running out of reinsurance operations. Fulfillment of medium-term obligations requiring considerable expenses extensively depends on stability of Macroeconomic and Insurance Market activities.

Rating of reliability