1 1 Mission and values Mission of

1 1

Mission and values Mission of the Company: To provide reliable insurance protection, confidence and serenity to the Client The highest values of the Company: - employees, clients and partners the Company’s good name the best traditions and insurance experience humaneness and decency 2 2

STRUCTURE OF FINANCIAL GROUP “TAS” Financial Institutes “Insurance Group “TAS” (non-life) FINANCIAL GROUP “TAS” Companies Assistant “Insurance Company “Ru. TAS” (Moscow) “Assis-TAS” “Insurance Company “TAS” (life) “Trade House “TAS” “Insurance Company “TAS-KAPITAL” “Medical Clinic “TAS” Bank “TAS-Kommerzbank” Industrial Enterprises “Techno “TAS” Bank “TAS-Investbank” 3 3

Insurance products The Joint-Stock Company Insurance Group TAS is a full-service insurance company offering more than 100 insurance individual and comprehensive programs Regional network The company has extensive sales network: - 9 directorates 28 branches more than 200 agencies more than 2000 full-time and part-time insurance agents 4 4

Regional network, Ukraine 5 5

Professional Associations The Company is a member of many professional associations: - Motor (Transport) Insurance Bureau of Ukraine League of Insurance Organizations of Ukraine Medical Insurance Bureau of Ukraine National Club of Insurance Compensation Nuclear Pool of Ukraine Association of Shipbuilders of Ukraine International Chamber of Commerce Ukrainian Association of Industrialists and Entrepreneurs Company is the official Operator of the Yalta International Forum of the insurance market participants 6 6

FINANCIAL FIGURES The Joint-Stock Company Insurance Group TAS

Financial figures The Company’s assets have increased 31 times since 1999, for the last year 1, 5 times and totaled USD 53, 0 million. 8 8

Financial figures 9 9

Financial figures 10 10

Financial figures The insurance reserves have increased by 8% for the last year and 11 totaled USD 10, 3 million. 11

Financial figures 12 12

Financial figures 13 13

Partners The Joint-Stock Company Insurance Group TAS has concluded 107 general agreements on cooperation in the field of reinsurance, 23 of them with the world-known international reinsurance companies: - Munich Reinsurance Company (Germany) - Transatlantic Reinsurance Company (USA) - TT Club (Great Britain) - SCOR (France) - Polish Reinsurance Company (Poland) - Ingosstrakh (Russia) - Russian Re (Russia) - AVICOS (Russia) - Moscow Re (Russia) 14 and many others 14

Partners World-known Brokers who assist us in the placement of major risks: - Marsh Europe S. A. (Belgium) - AON Ltd (Great Britain) - Zaris Zeller Associates (Germany) and many others 15 15

Objectives for 2005 - Increase market share - Strengthen image of a client-oriented company - Expand the network of agents and open new sales centers in order to be closer to a Client - Introduce new sales techniques - Optimize business processes - Optimize functional-organizing structure of the Company 16 16

THANK YOU FOR ATTENTION! We hope for our fruitful co-operation!