August 13th 2008

ASBISC Enterprises PLCPress conference

Siarhei Kostevitch, CEO

Marios Christou, CFO

Costas Tziamalis, IR

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Important notice

This presentation contains forward looking statements. Actual results may differ materially from the anticipated results as a consequence of certain risks and uncertainties, including but not limited to general economic conditions in the markets in which ASBISc operates, and other risks detailed in our semi-annual and annual reports. For the most recent description of the risk factors please see Risk Factors section in the prospectus.

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Company and market overview

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Introduction to ASBIS

• Leading IT distributor across EMEA markets

• particularly strong in the FSU (above 40% of sales) and Central Eastern Europe (34% of Sales)

• Established in 1990 in Minsk, headquartered in Limassol (Cyprus) since 1995

• First choice distribution partner for global industry suppliers

• Top ranking (1 to 3 place), preferred regional distribution partner for Intel, AMD, Seagate, Samsung, Microsoft

• Wide product of IT component portfolio, distributed on a ‘one-stop-shop’ basis

• Already strong in A branded laptops, PCs and servers

• Increasing share of private label, high-margin products and accessories marketed under Prestigio and Canyon brands

• Distribution network physically present in 25 countries

• We reach 20,000 customers in 70 countries owing to unique B2B on-line solution applied to over 50% of sales value

• Experienced management and strong operational and financial controls

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Milestones

• Development of Canyon and Prestigio private labels

• Launch of the IT4Profit platform,

• US$10m private placement of shares to institutional investors

• ASBIS incorporated in Cyprus

• Headquarters moved to Limassol, Cyprus

• Aggressive expansion across the CEE region

• Distribution agreement with Intel

• Launch of mobile PC strategy

• Distribution agreement with AMD

• Listing on AIM in October 2006

• Revenues in excess of US$1bn

• Listing on the WSE

• Distribution agreements with Toshiba and Dell

• Established in Minsk, Belarus

• Distribution agreement with Seagate

• Distribution hub in Amsterdam

2001-2002 2003-2005 2006-20081992-1994 1996-20001995

1,397.7

504.1

704.8

285.8379.3

539.5679.7 755.7

930.41,008.8

0200400600800

1,0001,2001,4001,600

2000 2001 2002 2003 2004 2005 2006 2007 2007H1

2008H1

CAGR 2000-2007 = 25.5%

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Competitive strengths

Broad geographic coverage in CEE combined with local presence

• Group has strong local presence in a number of countries, unlike most of international competitors

• Reduced shipping and revenue collection costs and consistent marketing approach

• Growing and secure business due to market differentiation

Experienced management team combined with local expertise

• Key managers have been with the Group for several years

• Regional operations managed by local experienced managers with an in-depth understanding of the local markets

• Revenues of US$1.4bn in 2007 with sales in c.70 countries and operating facilities in 23 countries

• Authorised distributor status achieved thanks to the size and scope of operations, leading to tangible commercial benefits

Critical mass

Price and stock rotation protection granted by suppliers

• Beneficial contract terms providing protection from declining prices and/or slow moving inventory

• Main local competitors tend to buy in the open market

One-stop-shop

• Complete solutions to producers and integrators of server, mobile and desktop segments

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Operations

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Sales overview

Primary business lines Value drivers Own label products

Sales and distribution of:

1)IT components*

2)Private labels (Canyon, Prestigio)

3)Software (Microsoft)

4)End-user products (Dell, Toshiba)

* IT components are supplied by leading world vendors as Intel,AMD, Seagate, Hitachi, etc.

Two own brands:

Canyon and Prestigio

1)Innovative, aspirational products manufactured by leading ODM/OEM in the Far East

2)Utilising existing distribution network worldwide

3)Technical support provided locally

4)Increasing share of sales from 5.8% in 2005 to 7.4 % in 2007

5)Higher margins

6)Leveraging on the strong components business

Organic growth

Economies of scale due to continuing automation process

Natural hedge and high financial security due to operations on many markets

Operations on markets with growth potential higher than Western Europe:

1)Lower level of IT penetration

2)In-depth understanding of local markets

3)Working for choice no. 1 position

4)Increasing market share

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Distribution network

• Four distribution centres in Prague, Amsterdam, Helsinki & Dubai

• 33 local warehouses in 25 countries

• JIT stock replenishment system

• 331-strong Sales & Marketing team across all countries of operations

• Local technical supportBallinloough

Amsterdam

Bratislava

Casablanca

Algiers Tunis

Vilnlus

Ljubljana Zagreb

Istanbul

Warsaw

Minsk

Sofia

Moscow

Kiev

Bucharest

Limassol

Alma-Aty

Prague

Belgrade

Tallinn

KosiceBudapest

Cairo

Dubai

Hong KongHong Kong

Distribution centers

Helsinki

Riga

Sarajevo

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Financial results

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Key historical data

14,312,616,1

25,7

8,4 11,1

18,7

930.4

1,008.8

1,397.7

67,9

47,7

38,4

17,9

27,6

2005 2006 2007

US

$m

Revenues Gross profit EBITDA EBIT Net profit

4,1%

4,7%4,9%

2,0%1,8%

1,5%1,4%

1,8%1,6%

0,9%

1,3%1,1%

0%

1%

2%

3%

4%

5%

2005 2006 2007

%

Gross margin EBITDA margin EBIT margin Net margin

Margins (%)Key historical data (US$m)

20

40

60

800

1,000

1,200

1,400

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Financial results for H1 2008

Revenues and net profit in H1 2008H1 2008 Highlights

1) Revenues increased by 30.5% to U.S.$ 704,805 from U.S.$ 540,056 in H1 2007.

2) Gross profit increased by 74.1% to U.S.$ 41,388 from U.S.$ 23,779 H1 2007.

3) Gross profit margin increased to 5.9% compared to 4.4% in H1 2007.

4) EBITDA increased by 125.5% to U.S.$ 14,784 from U.S.$ 6,557 in H1 2007.

5) EBITDA margin was 2.1% compared to 1.2% in H1 2007.

6) Net profit after taxation increased by 130.7% to U.S.$ 7,308 from U.S.$ 3,168 in H1 2007.

7) Earnings per share almost doubled to U.S. $ 0,1311 from U.S. $ 0,0660 in H1 2007.

CAGR = 30.51%

CAGR =

130

.68%

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Revenue breakdown

Revenue breakdown by product lines 2008 H1 and 2007 H1Revenue breakdown (%) by regions 2008 H1 and 2007 H1

Revenue breakdown by regions 2008 Q2 and 2007 Q2 Revenue breakdown by product lines 2008 Q2 and 2007 Q2

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Revenue breakdown

Revenue breakdown (%) by countries H1 2008 and H1 2007 Revenue breakdown (%) by countries Q2 2008 and Q2 2007

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Future perspective

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11.413.7

15.217.2

19.421.6

0

5

10

15

20

25

2005 2006 2007 2008 2009 2010

US

$bn

Market overview

• Per capita PC penetration in emerging markets will double by 2012 (Gartner)

• Strong growth of mobile PC penetration booth in Western market and in emerging markets (i.e. According to Gartner: 2003 WE household PC penetration was 42.3%, in 2011 it is expected to reach 88.1%)

• Faster IT sector growth in the emerging markets underpinned by

- higher economic growth

- historically lower IT spending as a percentage of GDP

- lower level of PC ownership

- expansion of internet usage

• CEE IT distribution sector projected to grow at 14.0% CAGR (by volume) and 13.6% (by value) to reach 24.7 million PCs per annum, worth US$21.7bn in 2010

• Local presence important for the emerging markets

• IT products increasingly affordable with shortening life cycles

CEE growth market by value of PCs shipments (US$bn)

CAGR = 13.6%

Source: IDC

Source: Gartner Source: Gartner

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Market overview

Shift to mobility

EMEA IT Spending

Source: Microsoft

Emerging markets in EMEA

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Forthcoming plans

• Expected further significant growth in the Middle East:

- likely establishment of a new subsidiary of ASBIS in the Kingdom of Saudi Arabia – following Toshiba’s selection of ASBIS as its major distribution partner in the country.

- utilising newly estabilshed operations in Turkey and acquisited warehouse in UAE in order to build stronger presence in the region

• Continue to utilize Russian market strong growth, prepare for changes

• Acquire positive results from investment in Latvia and Bosnia & Hertzegovina

• Improvement of operational efficiency – beginning of construction of a warehouse and office space in Kosice, Slovakia as the Bratislava based office and warehouse succeed.

• Good perspectives for laptops market growth expected to have a positive impact on ASBIS operations, thanks to contracts signed with Toshiba and Dell in the fourth quarter 2007.

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Further information

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Constantinos Tziamalis

tel: +357 25 857 188

fax: +357 25 857 181

mail: costas@asbis.com

Daniel Kordel

tel: +357 25 857 000

mob: +357 97 633 793

mob (PL): +48 509 020 021

mail: d.kordel@asbis.com

Investor Relations ASBIS Group

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Appendices

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[US$]’000s 2007 2006 2005 2004

Revenue 1,397,349 1,008,795 930,389 755,720

Cost of sales (1,329,409) (961,102) (892,020) (728,774)

Gross profit 67,939 47,693 38,369 26,946

Gross profit margin (%) 4.9% 4.7% 4.1% 3.6%

Selling and administrative expenses (42,203) (31,609) (26,065) (21,762)

Amortisation of goodwill - - (14) (64)

Profit from operations 25,737 16,084 12,291 5,120

Other operating income 114 383 359 253

EBIT 25,851 16,467 12,649 5,372

EBIT margin (%) 1.9% 1.6% 1.4% 0.7%

EBITDA 27,636 17,927 14,349 7,084

EBITDA margin (%) 2.0% 1.8% 1.5% 0.9%

Financial expenses, net (4,442) (3,708) (3,332) (2,282)

PBT 21,409 12,759 9,318 3,091

PBT margin (%) 1.5% 1.3% 1.0% 0.4%

Taxation expense (2,723) (1,689) (939) (842)

Effective tax rate (%) 12.7% 13.2% 10.1% 27.2%

PAT 18,686 11,070 8,378 2,249

PAT margin (%) 1.3% 1.1% 0.9% 0.3%

Historical Profit & Loss statement

Note: Data have been subject to rounding adjustments, therefore the sum of the numbers in a column may not conform exactly to the total figure given for that column

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[US$]’000s 2007 2006 2005 2004

Assets 365,672 236,152 207,073 169,502

Current assets 348,367 227,622 198,876 160,993

Inventories 88,279 46,178 58,702 46,426

Trade receivables 209,741 148,790 110,971 84,442

Other current assets 5,150 4,726 4,020 4,256

Cash and equivalents 45,197 27,928 25,106 25,868

Non-current assets 17,304 8,530 8,197 8,509

PPE 16,190 7,162 6,664 6,754

Intangible assets 1,014 1,268 1,443 1,652

Investments 100 100 90 90

Goodwill - - - 14

Liabilities and equity 365,672 236,152 207,073 169,502

Liabilities 269,971 175,999 156,113 126,220

Current liabilities 267,636 175,214 155,212 125,097

Trade payables 181,850 117,453 114,276 86,754

Current taxation 314 278 - 159

Bank overdrafts and short-term loans 40,768 34,377 20,315 19,131

Other current liabilities 44,704 23,105 20,620 19,053

Non-current liabilities 2,335 786 901 1,124

Equity 95,700 60,153 50,960 43,233

Share capital 11,100 9,600 9,600 9,600

Share premium 23,518 8,138 8,138 8,138

Reserves 61,082 42,415 33,222 25,495

Historical Balance Sheet statement

Note: Data have been subject to rounding adjustments, therefore the sum of the numbers in a column may not conform exactly to the total figure given for that column

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Shareholder Structure

Name Number of shares % of share capital Number of Votes % of votes

KS Holdings Ltd 25,676,361 46.26% 25,676,361 46.26%

Maizuri Enterprises Ltd

4,800,000 8.65% 4,800,000 8.65%

Alpha Ventures S.A. 3,200,000 5.76% 3,200,000 5.76%

Sangita Enterprises Ltd

2,800,000 5.05% 2,800,000 5.05%

Free float* 19,023,639 34.28% 19,023,639 34.28%

Total 55,500,000 100.00% 55,500,000 100.00%

* Shareholders with more than 1% stake who are under a lock-up agreement until 30 October 2008 are included in the free float, as well as for all the shares stated above, approximately 15% of the free float is under the lock up agreement. Total free float as at 31 December 2007 was about 20%.