Investment project of ONIKS Investment project of ONIKS Joint Stock CompanyJoint Stock Company

Mr. Abubakir UskenbaevMr. Abubakir UskenbaevDeputy Director GeneralDeputy Director General

Common information on the companyCommon information on the company

Type of ownership: Type of ownership: Joint Stock Joint Stock Co.Co.

Number of personnel: Number of personnel: 659 659 personspersons

Year of establishment: Year of establishment: 19481948

Total production areas: Total production areas: 18.618.6 HaHa

Common information on the companyCommon information on the company

Shareholders:Shareholders:

№№ Name of the shareholder companyName of the shareholder company Share in charter Share in charter capitalcapital

11 StateState 2525.0.0 % %

22 Assets of the shares of ONIKS emissionAssets of the shares of ONIKS emission 1414..5 %5 %

33 Natural personsNatural persons 2323..6 %6 %

44 PersonnelPersonnel 66..9 %9 %

55 Offered for free saleOffered for free sale 2929..9 %9 %

Information on the productionInformation on the production

Type of productionType of production:: home and office lamps, crystal wares home and office lamps, crystal wares and electronic appliancesand electronic appliances

Production capacitiesProduction capacities

* the company avails the quality certificate of the Uzbek Agency * the company avails the quality certificate of the Uzbek Agency for standardizationfor standardization

Name of a Name of a productionproduction

Annual Annual capacity capacity

(unit)(unit)

Price per Price per unit (in unit (in USD)USD)

Volume of annual Volume of annual turnover (in USD)turnover (in USD)

Home and office Home and office lampslamps

99.3 thousand.3 thousand 40.240.2 500.8 thousand500.8 thousand

Lead crystal Lead crystal wares and wares and decorative decorative goodsgoods

498 thousand498 thousand 2.62.6 1.3 million1.3 million

Potential of the companyPotential of the company

Buildings and Constructions:Buildings and Constructions:

Name of the objectName of the object Measure Measure unitunit Total areaTotal area

Total area of the enterpriseTotal area of the enterprise HectareHectare 18.6318.63

Including those covered with production Including those covered with production areasareas HectareHectare 7.057.05

Area of roofed storagesArea of roofed storages HectareHectare 00..3434

Area of open storagesArea of open storages HectareHectare 00..2121

Subsidiary productions (objects of Subsidiary productions (objects of engineering provision)engineering provision) HectareHectare 0.730.73

Potential of the companyPotential of the company

Engineering Communications:Engineering Communications:

Name of the resourceName of the resource Measure Measure unitunit

Cost per unitCost per unit(in soums)(in soums)

Annual need for Annual need for the creation of the creation of

productionproduction

HeatingHeating sq.m.sq.m. There are special burners and There are special burners and heatersheaters

provided by the enterprise itselfprovided by the enterprise itselfHeat waterHeat water Cubic m.Cubic m.

Home cold waterHome cold water Cubic m.Cubic m. 8484 44,,000000

Water for technical Water for technical needsneeds

Cubic m.Cubic m. 6060 109,500109,500

Natural gasNatural gas Cubic mCubic m.. 4141 6,400 6,400 thousandthousand

ElectricityElectricity KilowattKilowatt 4545 2222    millionmillion

SewerageSewerage Cubic mCubic m.. 6060 87,50087,500

Potential of the companyPotential of the company

Existing equipment:Existing equipment:

* all machines are in the working condition* all machines are in the working condition

List of equipmentList of equipment Country of Country of originorigin

Year of Year of productionproduction

Turning latheTurning lathe Roughing machineRoughing machine

USSR, USSR, Germany, Germany,

SwitzerlandSwitzerland

From 1970 to From 1970 to 19901990

Buffing machineBuffing machine GuillotineGuillotine cuttercutterss

GrindingGrinding machine machine Slotting machineSlotting machine

Milling machineMilling machine Cutoff machineCutoff machine

Boring machineBoring machine Pressing machinesPressing machines

Drilling machineDrilling machine Roll millsRoll mills

Supply with raw materialsSupply with raw materials

Raw materials Raw materials (main raw materials, (main raw materials, used in the production process)used in the production process)

Price per Price per unitunit

((in USDin USD))

QuantityQuantity neededneeded(in tons)(in tons)

Lead oxide red (import)Lead oxide red (import) 11250250 136136

Quartz Quartz sand sand (import)(import) 5050 276276

Potassium saltpeter (import)Potassium saltpeter (import) 350350 6464

Zinc white (local)Zinc white (local) 4.5–5 tons 4.5–5 tons p.a.p.a. --

Name of raw Name of raw materialmaterial SuppliersSuppliers

Lead oxide redLead oxide red KazakhstanKazakhstan

Quartz Quartz sandsand UkraineUkraine

Potassium saltpeterPotassium saltpeter Russian FederationRussian Federation

LocationLocation

Distance fromDistance from KilometersKilometers

The administrative centerThe administrative center 3,53,5

Rail roadRail road 1,21,2

Automobile road and Automobile road and encircling encircling highwayhighway 0,40,4

Information on the proposed projectInformation on the proposed project

Name of the project: Name of the project: technical modernization of the technical modernization of the enterpriseenterprise

Type of new ownership: Type of new ownership: Joint Venture as Joint Stock Joint Venture as Joint Stock CompanyCompany

Purpose of the project: Purpose of the project: meet the demands of domestic meet the demands of domestic market in crystal lighting appliances, improve the product market in crystal lighting appliances, improve the product competitiveness on foreign markets by the means of competitiveness on foreign markets by the means of quality improvement and expenses reduction. Increase the quality improvement and expenses reduction. Increase the annual volume of sales by annual volume of sales by 20%.20%.

Total cost of the project: Total cost of the project: 17.15 million Euro17.15 million Euro

Including:Including:- Construction works – 500 thousand Euro- Construction works – 500 thousand Euro- Modernization of production and equipment- Modernization of production and equipment – 16.65 mln. – 16.65 mln. EuroEuro

Information on the proposed projectInformation on the proposed project

Geography of the market: Geography of the market: Uzbekistan,Uzbekistan, Russian Russian Federation, Moldova, Tajikistan, KazakhstanFederation, Moldova, Tajikistan, Kazakhstan

Works to be implemented by Uzbek party: Works to be implemented by Uzbek party: preparation of feasibility studypreparation of feasibility study

Works to be implemented by foreign party: Works to be implemented by foreign party: introduction of new technologies, know-how, training of introduction of new technologies, know-how, training of personnel, export of products to foreign marketspersonnel, export of products to foreign markets

Privileges provided to the newly created joint Privileges provided to the newly created joint venture: venture: guarantees and privileges are provided to guarantees and privileges are provided to enterprises with foreign investments by the legislation of enterprises with foreign investments by the legislation of the Republic of Uzbekistan for foreign investments and the Republic of Uzbekistan for foreign investments and special sectors of economyspecial sectors of economy

THANK YOU SO MUCH FOR THANK YOU SO MUCH FOR YOUR ATTENTION!YOUR ATTENTION!

ONIKS JOINT STOCK COMPANY (JSC)ONIKS JOINT STOCK COMPANY (JSC)

Address:Address: 51 Mirpulatov street, S.Rakhimov district, 51 Mirpulatov street, S.Rakhimov district,

700069700069

Tashkent, UzbekistanTashkent, Uzbekistan

Deputy Director General:Deputy Director General: Mr. Abubakir Uskenbaev Mr. Abubakir Uskenbaev

Telephone: Telephone: (+99897) 398-02-70, 398-16-84(+99897) 398-02-70, 398-16-84

Fax:Fax: (+99871) 148-14-65, 144-32-48 (+99871) 148-14-65, 144-32-48

Contact person:Contact person: Mr. Utkur Musaev Mr. Utkur Musaev