Corporate Presentation Dmitry Loschinin, President

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Corporate PresentationDmitry Loschinin,
President CEO

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THE MARKET

• The fastest growing segment in the technology
  sector
• Total global offshore spending on IT services
  will reach 50 billion dollars by 2007
  (SourceOffshore Development Group)
• IT is still the leading offshore implementation
  (54)
• Key enablers of growth
• information technology
• the evolution of business processes
• education
• national policies

Sources Global Insight, Inc., 10/2006, IDC 2006
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PREFERRED GEOGRAPHIES
Where are the offshore service vendors you use
today located?
66
27
16
15
14
12
8
2
India
CEE
North Africa
SE Asia
Latin America
China
Low-cost EU country
South Africa
Base 105 IT and business decision-makers at
large European companies already using offshore
providers (multiple responses accepted)
There can be significant differences between the
perceived readiness and the actual maturity of a
potential offshore geography
Source Firrester, IT Seasons in S. Petersburg,
9/05
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IT LABOR SUPPLY RUSSIA vs INDIA
Russia
India
Source Auriga Research
Source NASSCOM
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IT OUTSOURCING RUSSIA
The size of the SW Export market 2003 --
546M 2005 -- 1B
Share of SW in Russian export 2003 3 2005
5

• It is expected that in the near future the
  Software Export industry in Russia will continue
  its annual growth of  50-100.
• Info-Analytic Magazine, 3, 2005
• Russian IT exports will grow to 1 billion by
  2005 and 2 billion by 2006 and Russia's software
  industry will bring financial gains equal to
  those by its oil industry within the next 10
  years.
• Ministry of Information Technologies
• and Communications of Russia,
• April 2005
• Russia is attractive in terms of global cost
  advantage, service maturity and people factors.
  Russia ranks fourth (0.73 on its scale), behind
  India (1.15), Canada (1.16) and Ireland (0.83).
  Russia has a highly skilled IT labor pool.
• NeoIT, 2005

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IT OUTSOURCING RUSSIA

• Russia is said to have more than 1.3M computer
  programmers, and 10 of employees in IT companies
  have doctorates. Russia has more people per
  capita working in RD than any other country, and
  ranks third in the world for the number of
  scientists and technicians per head of
  population, after the US and Japan.
• The EconomistFebruary 2006
• With a 5- 16 attrition rate, the turnover of
  Russian IT professionals is well below the global
  industry average.
• Auriga Research, 2005

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RUSSIA CIS IT LABOR CENTRES
St. Petersburg
Moscow
Minsk
Nijniy Novgorod
Omsk
Kiev
Tomsk
Kazan
Yekaterinburg
Novosibirsk
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THE COMPANY

• Global Offerings
• Integrated IT Services
• LUXOFT Development Centers
• Client Engagement Framework

• Founded in 2000 in Moscow, Russia
• Spin off from IBS Group
• Aggressive organic growth and acquisitions

• Delivery Capability
• Onsite-offshore model
• Focus on quality processes
• High level of technical skills domain competency

• Financially Rock-solid
• 40M in Revenues in 2005
• 72 CAGR 2002-2005
• Profitable at industry standard

• People
• 1600 employees worldwide (growing 70-80
  persons/months)
• Strong leadership and middle management

• Infrastructure
• State-of-the-art fail safe
• Disaster recovery Business continuity

• Certifications
• SEI CMM/CMMI Level 5
• ISO 90012001
• ISO 270012005

• Clients
• Global Leaders Boeing, IBM, Dell, Deutsche Bank,
  others
• Small ventures mid-size product companies

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GROWTH IS OUR PHILOSOPHY
Over 25 of the aggregate revenue of the 10
largest Russian software development services
exporters
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LUXOFT SIZE MATTERS
1600
LUXOFT EMPLOYEE POOL
1000
600
300
200
100
2000 2001 2002 2003
2004 2005E
SIZE of RUSSIAN SOFTWARE COMPANIES
We employ over 1600 people 10 times the average
Russian software company
Source CNews Analytics, Fort Ross 2004
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LUXOFT A GLOBAL IT COMPANY
Headquarters Moscow, Russia
USA Seattle, WA Montvale, NJ

Europe London, UK
Development Centers in Russia and the
Ukraine
Moscow
Dubna
St. Petersburg
Omsk
Kiev
Transparent and unified distributed development
environment
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THE CLIENTS LUXOFT IS OUR PARTNER
LUXOFT builds long-term relationships (90 client
retention)

• 2004 - Microsoft
• 2004 - Dell USA
• 2004 - Areva TD
• 2004 Ping Identity

• 1999 - Boeing
• 1999 - IBM
• 2001 - DOE

• 2005 - IDS
• 2005 - Teleglobe
• 2005 - Align Technology
• 2005 - AirData
• 2005 - Jabber
• 2005 - OB10

• 2002 - Dell EMEA
• 2002 - Intel
• 2003 - Deutsche Bank
• 2003 - Thomson

• 2006 - UBS
• 2006 - Harman
• 2006 - T Mobile
• 2006 - HotWire

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SUCCESS STORIES - CLIENTS
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RECENT ACQUISITION OF ITCI

• IT Consulting International Corp (ITCI) provides
  onsite consulting, strategic outsourcing and
  staffing services for Fortune 500 and middle
  market companies.
• Sample clients and preferred vendor partnerships
  
• since 1997 since
  1996 since 2002
  since 2005
• HQ in NYC with 70 employees
• Moscow-based ISO-9001 offshore center with 50
  employees
• Enterprise-scale project expertise with
  successful track record at AIG, Citigroup, SP,
  Lehman Brothers, JPMorgan etc.
• US-based management team
• Technical expertise in J2EE, .NET and IBM
  Mainframe

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TOP REASONS TO GO WITH LUXOFT

• Our People quality of resources
• The best talent, the best reach
• Vast and strong skills in selected IT disciplines
  and industry segments
• Low attrition
• Our Clients quality of relationships
• Long lasting partnerships vs. outsourcing
• Vertical expertise
• Industrial strength development centers quality
  of processes
• Ability to scale, manage, migrate and balance
  resources
• The highest process maturity level (CMM/CMMi L5)
• Integrated and flexible engagement model -
  quality of engagements
• Unique, proven, engagement framework that brings
  clarity, engineering discipline, and more
  predictability to outsourcing
• Strong focus on balanced alignment with client
  environments