Vossloh Min Skretnice d.o.o.

1. Vossloh Min Skretnice d.o.o.

2. Member of powerful International Group VMS 2

3. Regional leader … VMS 3

4. Privatization times - August 2003 • Starting from scratch and cleaning the balance sheet • In past times, VMS was a regional leader with reputation and uncontested market share • The status is lost with 15 years of turmoil in ex Yugoslavia • VMS was State-owned through Min Holding (Masinska Industrija Nis) • It is located in Nis, 250 km South-East of Belgrade • Vossloh Min Skretnice was privatized in August 2003 • Activities: • turnouts manufacturing for Railways and Tram networks • spare parts for railways and tramway networks • Minimal revenues

5. Five years later ... • VMS is a recognized player in the Balkan market • VMS has regained its status of a regional leader • The company went through a drastic turnaround process: • rationalization of workforce, 120 in total today • modernization of facility and equipment (CNC milling machine) • reconquest of clients • VMS has currently strong market shares in the region • It has become also a subcontracting base for VCSA • ISO certification obtained in March 2008

6. About us … • VOSSLOH MIN SKRETNICE are registered manufacturerfor completeconstruction and production of turnouts, crossingsand crossovers. A long standing work on this production program, did that factory completely master of contemporarytechnicly and technologydemandsfor production of this railway superstructure object, witch completely satisfy UIC 860 i J.Ž.S standards. • Especially significant progress in mastering of new technology turnouts production VOSSLOH MIN SKRETNICE was made from when are in VOSSLOH Switch System group, witch is the best identifier production more than one hundred switch parts and large number of complete turnouts, witch exported to foreign market according to most contemporary standards.

7. Targeting markets VMS 7

8. VMS at a glance ... Capacity • INDUSTRIAL ACCOMPLISHMENT • CNC planing machine • Planing machines ( long motion and short motion ) • Milling machines • Lathe machines • Rails banding machine • Rails cutting machine • Rails drilling machine • Sleepers drilling machine • Perlitization unit with oil cooling • Assembly base – indoor and outdoor 8

9. VMS on sight ... Capacity • Photocopying machine for plate cutting • Surface hardening machine • Furnace chamber for tempering • Welding devices • Cranes • Overhead travelling cranes • Turret lifter • Annual capacity of more than300 turnouts (wooden or concretesleepers) • ISO certification achieved in April 2008 • Overall old facility which needs further investments to achieve industry standards 9

10. VMS on sight ... Assortment of production • Manufacturingrailwayturnoutsfrom S49, UIC54 i UIC60 rail profiles • S49, UIC54 i UIC60 rail profiles turnouts • Simple turnouts • Simple curved turnouts • Curved turnouts • Combinated turnouts • Road turnouts • Double crossing turnouts • Simple crossing turnouts • Turnouts for yards • Mining turnouts 10

11. Rail profile frogs, VO1 welded profiles and monoblock frogs from Vossloh groupe • Industrial turnouts • Turnouts for narrow railway track • Small parts and spare parts for turnouts • Tramways • Turnouts with Ri60 rail profile and with the others rail profiles • Frogs from VKDprofile • Crossings

12. Crossovers • Crossovers with the different railway track gauge • Crossovers with simple,curvedand cross turnouts Crossings • Crossings for straigth and curved railway tracks • Curved crossings for industrial tracks • Tramway crossings 12

13. Dilatation device ( 100mm, 200mm, 400mm i 600mm gait ) • Dilatation devices for railway bridges • Dilatation devices for tramway traffic Insulated jointstype „L“ and type “M“ for all kind of rail profiles Bulwarks • Classicstand bulwark • Mobile bulwark with 1° to 3° amortization 13

14. Personnel VMS have own design department. Team of engineer and technicians, implement with the latest hardware and softwaresolutions ( latest computers generationand software packetsfor design ( AutoCAD 2008 ), the mostcomplex project tasks for designing turnouts and the rest production elements of our plant. 14

15. ISO Sertificat • As result of long years of experience and improvements of production after privatization, culmination of everything wasobtaining the ISO sertificat in April of 2008 godine. • This sertificat will more forwarded efforts of VMS company in achievingeuropean and worlds standards in railway turnouts and all other side elements production 15

16. … with industrial implications

17. Modern Technology • One good example of modern technology witch is implementing in VMS-u with help of VOSSLOH grupe : • Cast monoblock frogmanufactured according toUIC 866-0 and EN 15689 standards. • Cast monoblock frogis consist of12-14 % manganesesteelaccording to UIC866-0 prEN 15689. 17

18. Have a look ... Turnouts loading S49-300-6° type on a special waggon of Serbian Railways 18

19. Contacts • Goran Radovic, Executive Manager, MD • E-mail: goran.radovic@vss.vossloh.com • Phone: +38118580624; +38118583411 • Fax: +38118583261 • Commercial Department: • E-mail: dejan.stankovic@vss.vossloh.com • Phone: +38118580624; +38118585189 • Homepage: www.vossloh-skretnice.com

20. Thanks for your attention! 20