Rate Solutions PEOPLE AROUND YOU KAUR LOHK CEO

E-STONIA 1,35 M PEOPLE, CAPITAL TALLINN 400 000 PEOPLE INTERNET PENETRATION 67% E-BANKING SHARE 98% OF TRANSACTIONS (INCL BUSINESSES AND PRIVATES) 80% OF TAX DECLARATIONS ARE DONE ONLINE E-GOVENMENT: YOU CAN DO MOST COMMUNICATION WITH STATE ONLINE FREE WIFI ALMOST EVERYWHERE, MOST COFFEES, HOTELS, LIBRARIES, PARKS COVERED WITH FREE WIFI NETWORK, BY LAW ALL MUNICIPALITIES AND STATE INSTITUTIONS HAVE TO HAVE FREE WIFI ACCESS

1,35 M PEOPLE, CAPITAL TALLINN 400 000 PEOPLE

INTERNET PENETRATION 67%

E-BANKING SHARE 98% OF TRANSACTIONS (INCL BUSINESSES AND PRIVATES)

80% OF TAX DECLARATIONS ARE DONE ONLINE

E-GOVENMENT: YOU CAN DO MOST COMMUNICATION WITH STATE ONLINE

FREE WIFI ALMOST EVERYWHERE, MOST COFFEES, HOTELS, LIBRARIES, PARKS COVERED WITH FREE WIFI NETWORK, BY LAW ALL MUNICIPALITIES AND STATE INSTITUTIONS HAVE TO HAVE FREE WIFI ACCESS

E-STONIA STORY WORLD LARGEST LONG DISTANCE CALL PROVIDER WORLD FIRST INTERNET ELECTIONS WITH ID CARD AT 2007 WE STARTED IT ALL  WORLD LARGEST ONLINE GAMING PLATFORM DEVELOPER WORLD FIRST MOBILE PARKING SYSTEM, COVERS ALL ESTONIA E-SCOOL IS COMPLIMENTARY FOR ALL SCOOLS

RATE SOLUTIONS AT A GLANCE Rate Solutions strategy is to develop independent SOCIAL NEWTORKING SITES sites with own database in local language for local communities, with local management and presence, with one central platform and development E xpanding s ocial n etwork operator worldwide More than 2 500 000 registered users in 31 countries over 1 .5 m€ in Net Revenues at 2008 50% Net Margins in established countries Average revenue per active user 4-6 € a year in established countries Rate.ee (Estonia): 300 000 registered users (1/4 of Estonian population) Over 140 000 visitors daily, No.1 website by time spent Generates half of the internet page views in Estonia Strategic partnership with No.1 mobile operator in Estonia (EMT)

Rate Solutions strategy is to develop independent SOCIAL NEWTORKING SITES sites with own database in local language for local communities, with local management and presence, with one central platform and development

E xpanding s ocial n etwork operator worldwide

More than 2 500 000 registered users in 31 countries

over 1 .5 m€ in Net Revenues at 2008

50% Net Margins in established countries

Average revenue per active user 4-6 € a year in established countries

Rate.ee (Estonia):

300 000 registered users (1/4 of Estonian population)

Over 140 000 visitors daily, No.1 website by time spent

Generates half of the internet page views in Estonia

Strategic partnership with No.1 mobile operator in Estonia (EMT)

RATE S ITES POSITIONS Top 1 local social network in Estonia Serbia (FYR) Macedonia Montenegro Georgia Uzbekistan Kazakhstan One of TOP 3 Bosnia Latvia Lithuania Greece Belarus Bulgaria

Top 1 local social network in

Estonia

Serbia

(FYR) Macedonia

Montenegro

Georgia

Uzbekistan

Kazakhstan

One of TOP 3

Bosnia

Latvia

Lithuania

Greece

Belarus

Bulgaria

RUSSIA FINLAND POLAND GERMANY SPAIN ITALY SERBIA PORTUGAL ESTONIA LATVIA LITHUANIA BELGIUM HOLLAND WORKING SITES UNDER CONSTRUCTION IN SOONEST ROADMAP ICELAND TURKEY ROMANIA BULGARIA CROATIA CZECH RATE SOLUTIONS GEOGRAPHY GREECE FRANCE UNITED KINGDOM IRELAND BELARUS BOSNIA SLOVAKIA SLOVENIA MONTENEGRO GEORGIA AZERBAIJAN KAZAKHSTAN

GREECE FIGURES 325 000 average daily page views 30 000 registered users, growing fast One of top local social networking sites for age group 16-27 In break even after 7 month First “classmates seek” site in Greek To be activated in August Looking for active partner to grow

325 000 average daily page views

30 000 registered users, growing fast

One of top local social networking sites for age group 16-27

In break even after 7 month

First “classmates seek” site in Greek

To be activated in August

Looking for active partner to grow

CONTACTS Vangelis Freskos, Country manager Greece, [email_address] , +30 694 56 37471 Kaur Lohk, managing director Rate Solutions Phone +372 50 10 353 Fax: +372 6 998 689 E-mail: [email_address] www.ratesolutions.eu www.wraia.gr

Vangelis Freskos, Country manager Greece, [email_address] ,

+30 694 56 37471

Kaur Lohk, managing director Rate Solutions

Phone +372 50 10 353

Fax: +372 6 998 689

E-mail: [email_address]

www.ratesolutions.eu

www.wraia.gr