Company Stock Exhange Country Sector Value 2011 Value 2012

Gazprom OAO(Russia) LSE plc UK Oil & Gas Exploration & Production 98,343,200,000€ 98,343,200,000€ Türkiye Đş Bankası A.Ş.(Turkey) LSE plc UK Banking 93,710,000,000€ 93,710,000,000€

Gazprom OAO RTS OAO Russia Gas Exploration & Production 94,855,195,562€ 85,774,985,606€ TÜPRAŞ-Türkiye Petrol Rafinerileri A.Ş(Turkey) LSE plc UK Oil Refining & Marketing 78,530,000,000€ 78,530,000,000€

Rosneft OAO RTS OAO Russia Integrated Oil & Gas 56,155,258,390€ 72,195,396,005€ Lukoil OAO(Russia) LSE plc UK Integrated Oil & Gas 71,940,720,000€ 71,940,720,000€ Rosneft OAO(Russia) LSE plc UK Integrated Oil & Gas 54,587,770,000€ 54,587,770,000€

Sberbank OAO RTS OAO Russia Banking 37,570,105,972€ 50,570,224,743€ Lukoil OAO RTS OAO Russia Integrated Oil & Gas 33,685,673,465€ 42,915,738,188€

Novatek OAO(Russia) LSE plc UK Oil Exploration & Production 29,628,170,000€ 29,628,170,000€ Norilsk Nickel MMC OAO RTS OAO Russia Diversified Metal 23,371,362,856€ 26,954,749,385€

Novatek OAO RTS OAO Russia Oil Exploration & Production 28,535,827,584€ 26,482,707,777€ Surgutneftegas OAO RTS OAO Russia Oil Exploration & Production 24,263,167,815€ 24,164,701,125€

Yapi ve Kredi Bankasi A.Ş.(Turkey) LSE plc UK Banking 22,320,000,000€ 22,320,000,000€

Topul 700+ Companii de pe bursa din estul Europei

Yapi ve Kredi Bankasi A.Ş.(Turkey) LSE plc UK Banking 22,320,000,000€ 22,320,000,000€ UniCredit Spa(Italy) GPW S.A. Poland Banking 14,079,910,000€ 21,877,833,842€

Türkiye Garanti Bankasi A.Ş.(Turkey) LSE plc UK Banking 21,400,000,000€ 21,400,000,000€ Uralkali OAO RTS OAO Russia Agricultural Chemicals 17,378,613,235€ 17,378,955,891€

Uralkali OAO(Russia) LSE plc UK Agricultural Chemicals 17,365,880,000€ 17,365,880,000€ Türkiye Garanti Bankasi A.Ş.(Turkey) NYSE Euronext Inc. USA Banking 9,788,662,800€ 16,524,270,000€

Türkiye Garanti Bankasi A.Ş. ĐMKB A.S. Turkey Banking 10,493,971,519€ 16,470,199,367€ Gazprom Neft OAO RTS OAO Russia Integrated Oil & Gas 16,833,667,499€ 16,432,525,900€

VTB Bank OAO(Russia) LSE plc UK Banking 16,187,450,000€ 16,187,450,000€ Akbank T.A.Ş. NYSE Euronext Inc. USA Banking 9,382,488,000€ 15,062,940,000€ Akbank T.A.Ş. ĐMKB A.S. Turkey Banking 18,626,237,624€ 14,906,690,778€

ČEZ a.s. BCPP a.s. Czech Republic Electric Generation 16,389,900,000€ 14,551,800,000€ ČEZ a.s.(Czech Republic) GPW S.A. Poland Electric Generation 16,334,630,000€ 14,252,935,140€

VTB Bank OAO RTS OAO Russia Banking 25,083,290,645€ 14,139,730,941€ Magnit OAO(Russia) LSE plc UK Food Retail 7,336,830,000€ 13,044,664,700€

Mobile TeleSystems OAO RTS OAO Russia Cellular Telecom 10,493,506,370€ 12,793,764,736€ Tatneft OAO RTS OAO Russia Integrated Oil & Gas 8,004,935,663€ 11,975,488,870€

Türkiye Đş Bankası A.Ş. ĐMKB A.S. Turkey Banking 11,869,506,265€ 11,869,506,265€ Tatneft OAO(Russia) LSE plc UK Integrated Oil & Gas 8,377,070,000€ 11,568,683,300€

Magnit OAO RTS OAO Russia Food Retail 5,850,000,932€ 11,539,374,819€ Powszechna Kasa Oszczędności Bank Polski PKO S.A. GPW S.A. Poland Banking 8,930,760,000€ 11,320,000,000€

Bank Polska Kasa Opieki - PEKAO S.A. GPW S.A. Poland Banking 8,240,840,000€ 10,790,000,000€ Turkcell Đletişim Hizmetleri A.Ş. ĐMKB A.S. Turkey Cellular Telecom 8,273,213,382€ 10,760,767,405€

Koç Holding A.Ş.(Turkey) NYSE Euronext Inc. USA Conglomerate 5,385,743,406€ 10,596,643,398€ Robeco N.V. (Netherlands) WB AG Austria Equities Investments 7,920,168,588€ 10,341,895,872€ Rorento N.V. (Netherlands) WB AG Austria Dept Equities 9,384,284,218€ 10,245,060,824€

Koç Holding A.Ş. ĐMKB A.S. Turkey Conglomerate 10,835,255,105€ 9,944,471,089€ United Company Rusal plc RTS OAO Russia/UK Aluminium - 9,675,607,656€

Yapi ve Kredi Bankasi A.Ş. - member of Koc Holding ĐMKB A.S. Turkey Banking 4,952,055,400€ 9,572,746,499€ Erste Group Bank AG(Austria) BCPP a.s. Czech Republic Banking 5,255,700,000€ 9,528,800,000€

Erste Group Bank AG WB AG Austria Banking € 5,308,573,254 € 9,479,511,744 Erste Group Bank AG(Austria) BVB S.A. Romania Banking 5,246,766,730€ 9,380,704,552€ Erste Group Bank AG(Austria) BVB S.A. Romania Banking 5,246,766,730€ 9,380,704,552€

KGHM Polska Miedź S.A. GPW S.A. Poland Copper 4,920,260,000€ 9,326,000,000€ PZU - Powszechny Zakład Ubezpieczeń S.A. GPW S.A. Poland Property & Casualty Insurance 5,935,200,000€ 9,261,000,000€ Novolipetsk Iron & Steel Corporation OAO RTS OAO Russia Iron 9,039,908,043€ 9,246,606,503€

OMV AG WB AG Austria Integrated Oil & Gas € 7,671,272,720 € 8,952,545,447 Rostelecom OAO RTS OAO Russia Integrated Telecomunications 10,108,343,683€ 8,931,319,913€

Novolipetsk Iron & Steel Corporation OAO(Russia) LSE plc UK Iron 9,173,960,000€ 8,874,342,000€ Hacı Ömer Sabancı Holding A.Ş. ĐMKB A.S. Turkey Conglomerate 4,666,031,365€ 8,467,982,848€

PGE Polska Grupa Energetyczna S.A. GPW S.A. Poland Integrated Electric Utilities 8,609,230,000€ 8,356,000,000€ Severstal OAO RTS OAO Russia Steel 9,743,399,550€ 7,806,769,023€ Bashneft OAO RTS OAO Russia Integrated Oil & Gas 5,462,596,528€ 7,564,853,026€

PGNIG - Polskie Górnictwo Naftowe i Gazownictwo S.A. GPW S.A. Poland Integrated Oil & Gas 5,354,450,000€ 7,544,000,000€ Polyus Gold OAO(Russia) LSE plc UK Gold Mining 1,621,380,000€ 7,254,343,700€

Severstal OAO(Russia) LSE plc UK Steel 8,945,610,000€ 7,228,670,500€ Sistema OAO(Russia) LSE plc UK Telecom Services 6,321,490,000€ 7,126,870,600€

Anadolu Efes Biracılık ve Malt Sanayii A.Ş. NYSE Euronext Inc. USA Brewery 5,213,759,778€ 6,544,932,487€ Coca-Cola Ε.Ε.Ε. S.A. ASE S.A. Greece Non Alcoholic Beverages 1,913,349,282€ 6,487,997,070€

Anadolu Efes Biracılık ve Malt Sanayii A.Ş. ĐMKB A.S. Turkey Brewery 5,717,100,438€ 6,444,275,494€ FGC UES OAO RTS OAO Russia Electric Generation € 10,035,538,495 € 6,404,809,693

MOL Rt. BE Rt. Hungary Integrated Oil & Gas 5,606,592,787€ 6,378,725,172€ Enka Đnşaat ve Sanayi A.Ş. ĐMKB A.S. Turkey Building & Constructions 1,619,747,468€ 6,284,525,316€

MOL Rt.(Hungary) GPW S.A. Poland Integrated Oil & Gas 5,812,170,000€ 6,278,119,412€ Sistema OAO RTS OAO Russia Telecom Services 5,896,890,470€ 6,204,526,904€

Raiffeisen Bank International AG WB AG Austria Banking € 3,922,810,313 € 6,149,613,675 Inter RAO UES OAO RTS OAO Russia Electric Generation 8,342,172,030€ 6,082,826,145€

Komerční Banka a.s. - member of Societe Generale BCPP a.s. Czech Republic Banking 4,905,900,000€ 6,062,800,000€ Bank of Moscow OAO RTS OAO Russia Banking 4,873,143,564€ 5,900,756,735€

RusHydro OAO RTS OAO Russia Electric Generation 6,736,603,551€ 5,874,529,555€ BĐM Birleşik Mağazalar A.Ş ĐMKB A.S. Turkey Food Retail 3,374,967,959€ 5,608,875,322€

ALROSA-Nurba Company OAO RTS OAO Russia Diamonds & Precious Stones 593,440,594€ 5,570,999,987€ OMV Petrom S.A. BVB S.A. Romania Integrated Oil & Gas 3,802,762,094€ 5,475,004,578€

TÜPRAŞ-Türkiye Petrol Rafinerileri A.Ş ĐMKB A.S. Turkey Oil Refining & Marketing 4,241,969,892€ 5,461,536,235€ TÜPRAŞ-Türkiye Petrol Rafinerileri A.Ş ĐMKB A.S. Turkey Oil Refining & Marketing 4,241,969,892€ 5,461,536,235€ INA - Industria Nafte d.d. - member of MOL ZB d.d. Croatia Integrated Oil & Gas 5,042,864,347€ 5,362,712,150€

Yandex N.V.(Russia-Netherlands) NYSE Euronext Inc. USA Web Portals € 1,930,000,000 € 5,321,086,605 Polymetal International plc(Russia) LSE plc UK Precious Metals 841,950,000€ 5,261,310,600€

Telekomunikacja Polska S.A.(Poland) LSE plc UK Telecom Services 692,140,000€ 5,210,269,400€ PKN Orlen - Polski Koncern Naftowy S.A. GPW S.A. Poland Oil Refining & Marketing 3,225,160,000€ 5,196,000,000€

Vienna Insurance Group AG WB AG Austria Multi Line Insurance € 3,919,360,000 € 5,168,000,000 Vienna Insurance Group AG(Austria) BCPP a.s. Czech Republic Multi Line Insurance 3,968,500,000€ 5,091,500,000€

Andritz AG WB AG Austria General Industry Machinery € 3,333,200,000 € 5,048,160,000 Evraz plc(Russia-Switzerland-UK) NYSE Euronext Inc. France Steel -€ 5,022,293,813€

RusHydro OAO(Russia) LSE plc UK Electric Generation 6,411,060,000€ 4,850,556,800€

voestalpine AG WB AG Austria Steel 3,663,295,362€ € 4,769,943,848 Kazahmys plc NYSE Euronext Inc. France Copper -€ 4,558,081,712€

Bank Zachodni WBK S.A. GPW S.A. Poland Banking 3,673,550,000€ 4,431,000,000€ Rolinco N.V. (Netherlands) WB AG Austria Investment Company 4,893,773,472€ 4,289,334,189€

E.ON Russia OAO RTS OAO Russia Electric Generation € 3,218,761,298 € 4,159,470,954 Telefónica Czech Republic a.s. BCPP a.s. Czech Republic Telecom Services 4,782,700,000€ 4,145,900,000€

Evraz plc(Russia-Switzerland-UK) LSE plc UK Steel 6,218,340,000€ 4,053,568,300€ Telekomunikacja Polska S.A. - member of France Telecom GPW S.A. Poland Telecom Services 5,118,940,000€ 4,009,000,000€

OTP Bank Rt. BE Rt. Hungary Banking 2,846,729,515€ 3,994,144,991€ Coca-Cola Đçecek A.Ş ĐMKB A.S. Turkey Non Alcoholic Beverages 4,269,682,835€ 3,985,714,560€

Telefonica Czech Republic a.s.(Czech Republic) LSE plc UK Telecom Services -€ 3,982,638,600€ PhosAgro OAO RTS OAO Russia Agricultural Chemicals 2,470,848,082€ 3,910,960,830€ Finansbank A.Ş. ĐMKB A.S. Turkey Banking 4,442,723,209€ 3,899,603,012€

Eurasia Drilling Company Ltd.(Russia-Cayman Islands) LSE plc UK Oil Field Services 478,834,600€ 3,790,381,600€ PhosAgro OAO RTS OAO Russia Agricultural Chemicals 525,310,000€ 3,580,789,900€ Immofinanz AG WB AG Austria Real Estate Management 2,539,526,705€ 3,476,524,490€

X5 Retail Group N.V.(Russia-Netherlands) LSE plc UK Food Retail 5,354,420,000€ 3,453,477,800€ DenizBank A.Ş ĐMKB A.S. Turkey Banking 3,669,421,685€ 3,411,652,393€ BRE Bank S.A. GPW S.A. Poland Banking 2,303,820,000€ 3,372,000,000€

Arçelik A.Ş - member of Koc Holding ĐMKB A.S. Turkey Appliances 3,407,911,429€ 3,348,093,990€ Melrose Resources plc(Bulgaria-UK) LSE plc UK Diversified Manufacturing 170,850,000€ 3,305,642,500€ Melrose Resources plc(Bulgaria-UK) LSE plc UK Diversified Manufacturing 170,850,000€ 3,305,642,500€

Emlak Konut Gayrimenkul Yatırım Ortaklığı A.Ş' ĐMKB A.S. Turkey Real Estate Development 3,790,222,772€ 3,303,187,161€ RosBank OAO RTS OAO Russia Banking 4,800,129,496€ 3,207,973,500€

Ereğli Demir ve Çelik Fabrikaları T.A.Ş ĐMKB A.S. Turkey Steel 2,986,445,306€ 3,205,997,231€ Verbund AG WB AG Austria Integrated Electric Utilities € 3,529,795,479 € 3,193,583,949

Ford Otomotiv Sanayi A.Ş ĐMKB A.S. Turkey Cars & Light Trucks 2,273,661,221€ 3,180,153,603€ Bank Handlowy w Warszawie S.A. GPW S.A. Poland Banking 1,973,390,000€ 3,152,000,000€

Magnitogorsk Iron and Steel Works OAO RTS OAO Russia Iron 4,148,884,901€ 2,935,263,027€ ING Bank Śląski S.A. GPW S.A. Poland Banking 2,274,590,000€ 2,906,000,000€

Koza Altın Đşletmeleri A.Ş ĐMKB A.S. Turkey Gold Mining 2,972,617,574€ 2,777,006,386€ Magnitogorsk Iron and Steel Works OAO(Russia) LSE plc UK Iron € 3,260,570,000 € 2,744,176,600

Jastrzębska Spółka Węglowa S.A. GPW S.A. Poland Coal 2,230,000,000€ 2,663,000,000€ Telekom Austria AG WB AG Austria Integrated Telecomunications 4,092,434,000€ 2,542,820,000€

OTE - Hellenic Telecommunications Organization S.A. ASE S.A. Greece Integrated Telecomunications 1,036,668,073€ 2,499,766,980€ GlobalTrans Investment plc(Russia-Cyprus-UK) LSE plc UK Rail Transport 2,141,136,400€ 2,376,719,400€

IDGC Holding OAO RTS OAO Russia Integrated Electric Utilities 2,558,967,485€ 2,362,168,118€ Strabag S.E. WB AG Austria Building Heavy Construction 2,520,539,933€ 2,328,449,938€

Tofaş Türk Otomobil Fabrikası A.Ş. ĐMKB A.S. Turkey Cars & Light Trucks 2,366,955,446€ 2,319,715,606€ Gedeon Richter Rt. BE Rt. Hungary Medical Drugs 2,032,067,978€ 2,319,709,285€

O'Key Group S.A.(Russia-Luxembourg) LSE plc UK Food Retail 223,900,000€ 2,299,237,600€ Hellenic Petroleum S.A. ASE S.A. Greece Oil Refining & Marketing 583,151,933€ 2,261,700,370€

Salavatnefteorgsintez OAO - member of Gazprom RTS OAO Russia Oil Refining & Marketing 2,138,054,455€ 2,238,309,400€ ArcelorMittal Kryviy Rih OAO KSE OAO Ukraine Steel 1,891,334,581€ 2,206,009,218€

HT-Hrvatske Telekomunikacije d.d. - member of Deutche TelekomZB d.d. Croatia Integrated Telecomunications 2,629,853,757€ 2,172,193,730€ TMK OAO RTS OAO Russia Steel Pipes & Tube 2,146,700,834€ 2,166,630,263€

Mechel Steel Group OAO RTS OAO Russia Steel 2,930,123,592€ 2,147,448,206€ EVN AG WB AG Austria Integrated Electric Utilities € 1,937,290,389 € 2,125,263,319

Österreichische Post AG WB AG Austria Transport Services 1,573,976,465€ 2,107,642,305€ Uniqa Versicherungen AG WB AG Austria Multi Line Insurance € 1,346,348,803 € 2,066,698,052

LPP S.A. GPW S.A. Poland Textile Apparel 797,190,000€ 2,045,000,000€ Tauron Polska Energia S.A. GPW S.A. Poland Electric Distribution 2,085,580,000€ 2,043,000,000€

Andritz AG NYSE Euronext Inc. France General Industry Machinery -€ 2,006,835,690€ Andritz AG NYSE Euronext Inc. France General Industry Machinery -€ 2,006,835,690€ Ferrexpo plc(Ukraine-Switzerland-UK) NYSE Euronext Inc. France Iron -€ 2,006,835,690€

Irkutskenergo OAO RTS OAO Russia Integrated Electric Utilities 1,843,598,275€ 1,971,959,488€ Türkiye Şişe ve Cam Fabrikaları A.Ş ĐMKB A.S. Turkey Housewares 2,825,649,752€ 1,946,998,503€

Aselsan Elektronik Sanayi ve Ticaret A.Ş ĐMKB A.S. Turkey Military Electronics 1,491,983,911€ 1,919,037,456€ Hrvatski Telekom d.d.(Croatia) LSE plc UK Integrated Telecomunications 100,081,300€ 1,916,123,100€

HT-Hrvatske Telekomunikacije d.d.(Croatia) LSE plc UK Integrated Telecomunications 103,850,000€ 1,892,651,300€ Krka d.d.(Slovenia) GPW S.A. Poland Medical Drugs -€ 1,877,084,767€

VSMO Corporation OAO RTS OAO Russia General Industry Machinery - 1,863,130,841€ Moesk OAO RTS OAO Russia Electric Generation 1,849,874,842€ 1,854,429,482€ Lenzing AG WB AG Austria Fibers Chemicals 1,697,607,000€ 1,811,241,000€

BSH Ev Aletleri Sanayi ve Ticaret A.Ş. ĐMKB A.S. Turkey Appliances 2,769,569,926€ 1,806,847,574€ Krka d.d. BCPB a.s Slovenia Medical Drugs 1,874,041,748€ 1,771,310,000€

Synthos S.A. GPW S.A. Poland Plastics & Rubber 1,295,080,000€ 1,757,000,000€ Ferrexpo plc(Ukraine-Switzerland-UK) LSE plc UK Iron € 2,136,190,000 € 1,727,751,400

OPAP - Greek Organisation of Football Prognostics S.A. ASE S.A. Greece Gambling 1,586,227,500€ 1,722,600,000€ Fondul Proprietatea S.A. BVB S.A. Romania Equity Fund 1,361,986,590€ 1,709,427,766€

Enea S.A. GPW S.A. Poland Electric Distribution 1,767,460,000€ 1,704,000,000€ Nomos Bank OAO RTS OAO Russia Banking 1,269,638,683€ 1,670,356,800€

Atrium European Real Estate Ltd.(Jersey) WB AG Austria Real Estate Management 1,298,410,821€ 1,659,763,340€ Mayr-Melnhof Karton AG WB AG Austria Paper & Plastic 1,310,200,000€ 1,617,600,000€

TAV Havalimanları Holding A.Ş. ĐMKB A.S. Turkey Financial Services 2,248,027,537€ 1,600,969,118€ Global Ports Investments plc(Russia-Cyprus-UK) LSE plc UK Port & Transports Services 1,713,613,300€ 1,595,486,400€

Zagrebačka Banka d.d. - member of Unicredit ZB d.d. Croatia Banking 1,724,579,982€ 1,592,927,195€ Migros Ticaret A.Ş ĐMKB A.S. Turkey Food Retail 1,728,246,055€ 1,580,583,146€

Pharmstandard OAO RTS OAO Russia Medical Generic Drugs 1,607,822,683€ 1,552,752,898€ OMV Petrol Ofisi A.Ş ĐMKB A.S. Turkey Retail Petroleum 1,760,017,017€ 1,480,906,443€

Eurocash S.A. GPW S.A. Poland Food Retail 869,600,000€ 1,480,000,000€ Ülker Bisküvi Sanayi A.Ş. ĐMKB A.S. Turkey Food Confectionery 1,067,917,698€ 1,471,290,167€

TransContainer OAO RTS OAO Russia Rail Transport 838,329,737€ 1,465,938,008€ Kent Gıda Maddeleri Sanayi ve Ticaret A.Ş. - member of Kraft FoodsĐMKB A.S. Turkey Food Confectionery 2,353,538,370€ 1,459,859,687€

Gruppa LSR OAO RTS OAO Russia Real Estate Development € 1,179,491,942 € 1,458,664,942 Gruppa LSR OAO RTS OAO Russia Real Estate Development € 1,179,491,942 € 1,458,664,942 Akron OAO RTS OAO Russia Agricultural Chemicals 1,479,171,380€ 1,428,277,050€

Enel OGK-5 OAO RTS OAO Russia Integrated Electric Utilities 1,641,641,323€ 1,425,155,300€ Northern Mining OAO KSE OAO Ukraine Steel 2,032,972,636€ 1,413,526,421€ Cyfrowy Polsat S.A. GPW S.A. Poland Televisions 1,046,060,000€ 1,403,000,000€

Agrana Beteiligungs AG WB AG Austria Sugar 1,136,163,200€ 1,389,811,634€ Novorossiysk Commercial Sea Port OAO RTS OAO Russia Port & Transports Services 1,489,775,325€ 1,383,715,222€

Petkim Petrokimya Holding A.Ş. ĐMKB A.S. Turkey Petrochemicals 1,500,618,812€ 1,383,394,034€ VSMPO-AVISMA Corporation OAO RTS OAO Russia Metal Processors 1,516,105,709€ 1,370,855,900€

Public Power Corporation S.A. ASE S.A. Greece Integrated Electric Utilities 867,680,000€ 1,366,480,000€ Volzhskaya TGK 7 OAO RTS OAO Russia Electric Generation 1,485,735,628€ 1,356,816,700€

MD Medical Group Investments plc(Cyprus) LSE plc UK Medical Hospitals -€ 1,353,251,100€ Magyar Telekom Rt. - member of Deutche Telekom BE Rt. Hungary Integrated Telecomunications 1,655,765,101€ 1,344,082,964€

Mosenergo OAO RTS OAO Russia Integrated Electric Utilities 1,844,803,204€ 1,337,387,774€ Southern Mining OAO KSE OAO Ukraine Steel 1,225,634,430€ 1,327,365,121€ Bank Millennium S.A. GPW S.A. Poland Banking 1,025,390,000€ 1,316,000,000€

Grupa Lotos S.A. GPW S.A. Poland Oil Refining & Marketing 673,100,000€ 1,313,000,000€ Mostotrest OAO RTS OAO Russia Building Heavy Construction 1,298,872,389€ 1,290,089,513€

Kernel Holding S.A.(Luxenbourg) GPW S.A. Poland Agricultural Operations 1,230,960,000€ 1,281,022,611€ Privredna Banka Zagreb d.d. - member of Intesa Sanpaolo ZB d.d. Croatia Banking 1,202,391,379€ 1,277,800,033€

BRD - Groupe Société Générale S.A.. BVB S.A. Romania Banking 1,727,855,003€ 1,276,076,700€ Schoeller-Bleckmann Edelstahlrohr AG WB AG Austria Oil Field & Equipement 1,091,520,000€ 1,268,640,000€ Unipetrol a.s. - member of PKN Orlen BCPP a.s. Czech Republic Oil Refining & Marketing 1,201,900,000€ 1,262,300,000€

Dixy Group OAO RTS OAO Russia Food Retail 892,587,794€ 1,258,617,310€ Aeroflot - Rossiyskiye Avialinii OAO RTS OAO Russia Airlines 1,215,595,655€ 1,257,616,643€

Yazıcılar Holding A.Ş. ĐMKB A.S. Turkey Financial Services 1,268,564,356€ 1,255,177,026€ Aygaz A.Ş ĐMKB A.S. Turkey Gas Distribution & Wholesale 2,042,079,208€ 1,249,113,325€

Gaz Servis OAO RTS OAO Russia Gas Distribution 296,131,265€ 1,237,696,777€ Oberbank AG WB AG Austria Banking 1,219,541,812€ 1,237,590,000€

National Bank of Greece S.A. ASE S.A. Greece Banking 1,415,013,913€ 1,233,356,720€ Aslan Çimento A.Ş. ĐMKB A.S. Turkey Cement 1,908,570,545€ 1,231,558,104€

Myronivsky Hliboproduct - MHP S.A.(Ukraine-Luxembourg) LSE plc UK Agricultural Operations 940,260,000€ 1,227,963,300€ Myronivsky Hliboproduct - MHP S.A.(Ukraine-Luxembourg) LSE plc UK Agricultural Operations 940,260,000€ 1,227,963,300€ Aksa Enerji Üretim A.Ş ĐMKB A.S. Turkey Electric Distribution 1,210,570,080€ 1,223,245,056€

Nizhnekamskneftekhim OAO RTS OAO Russia Petrochemicals 996,042,365€ 1,194,937,110€ Niznekamskneftekhim OAO RTS OAO Russia Petrochemicals - 1,194,937,110€

Volga Territorial Generating Company OAO RTS OAO Russia Electric Generation - 1,188,047,318€ Megafon OAO(Russia) LSE plc UK Cellular Telecom -€ 1,186,892,869€ Getin Noble Bank S.A. GPW S.A. Poland Banking 772,230,000€ 1,164,000,000€

Etalon Group Ltd.(Russia-Guernsey) LSE plc UK Real Estate Development 1,080,820,000€ 1,161,058,300€ Nord Gold N.V.(Russia) LSE plc UK Gold Mining -€ 1,152,279,700€

Raspadskaya OAO RTS OAO Russia Coal 1,848,118,357€ 1,141,849,510€ Doğan Şirketler Grubu Holding A.Ş ĐMKB A.S. Turkey Conglomerate 1,023,360,149€ 1,136,660,647€

Lubelski Węgiel "Bogdanka" S.A. GPW S.A. Poland Coal 786,090,000€ 1,135,000,000€ Titan Cement Company S.A ASE S.A. Greece Cement 916,834,072€ 1,125,611,170€

Kredyt Bank S.A. GPW S.A. Poland Banking 592,180,000€ 1,100,000,000€ Kompaniya M.Video OAO RTS OAO Russia Retail Appliances 813,462,351€ 1,098,628,585€

PKN Orlen - Polski Koncern Naftowy S.A.(Poland) LSE plc UK Oil Refining & Marketing 1,326,282,500€ 1,077,353,300€ OGC-3 OAO RTS OAO Russia Electric Generation 973,415,826€ 1,076,717,400€

Grupa Żywiec S.A GPW S.A. Poland Brewery 1,176,620,000€ 1,074,000,000€ Türkiye Sınai Kalkınma Bankası A.Ş ĐMKB A.S. Turkey Financial Services 1,132,425,743€ 1,062,429,748€

NIS - Naftna Industrija Srbije A.D. - member of Gazprom BB A.D. Serbia Integrated Oil & Gas 931,359,386€ 1,055,348,650€ New World Resources plc(Czech Republic-Netherlands-UK) LSE plc UK Coal 1,415,270,000€ 1,039,754,600€

New World Resources N.V.(Czech Republic-Netherlands) BCPP a.s. Czech Republic Coal 1,391,500,000€ 1,027,400,000€ MGTS-5 - Moskovskaya Gorodskaya Telefonnaia Set OAO RTS OAO Russia Telecom Services 864,487,005€ 1,012,423,707€

Slavneft-Yaroslavnefteorgsintez OAO RTS OAO Russia Oil Refining & Marketing 230,855,129€ 1,011,335,800€ Slavneft-Megionneftegaz OAO RTS OAO Russia Oil & Gas Drilling 396,334,749€ 1,011,335,800€

New World Resources plc(Czech Republic-Netherlands-UK) GPW S.A. Poland Coal 1,382,030,000€ 1,007,116,547€ RHI AG WB AG Austria Miscellaneous Manufacturing 601,267,488€ 991,494,071€

Asseco Poland S.A. GPW S.A. Poland Computer Software 836,780,000€ 924,000,000€ Bank BPH S.A. GPW S.A. Poland Banking 540,600,000€ 920,000,000€

CA Immobilien Anlagen AG WB AG Austria Real Estate Management 728,063,136€ € 919,852,906 Motor Oil (Hellas), Corinth Refineries S.A ASE S.A. Greece Oil Refining & Marketing 311,300,174€ 919,498,730€

Flughafen Wien AG WB AG Austria Airport Management 614,145,000€ 902,790,000€ Flughafen Wien AG WB AG Austria Airport Management 614,145,000€ 902,790,000€ AkçanSA Çimento Sanayi ve Ticaret A.Ş ĐMKB A.S. Turkey Cement 1,030,686,568€ 900,317,397€

Gastec Bulgaria A.D. RTS OAO Russia Investment Company -€ 886,634,100€ Tatra Banka a.s. - member of Raifessen International BCPB a.s Slovakia Banking -€ 884,920,600€

OGK-1 OAO RTS OAO Russia Electric Generation 1,164,441,617€ 880,898,400€ FFGRP - Duty Free Shops S.A. ASE S.A. Greece Speciality Retail 258,754,832€ 864,970,870€

Yapı Kredi Sigorta A.Ş. ĐMKB A.S. Turkey Multi Line Insurance 754,950,495€ 864,631,582€ Asya Katılım Bankası A.Ş. ĐMKB A.S. Turkey Banking 1,113,861,386€ 861,170,495€

Zakłady Azotowe w Tarnowie-Mościcach S.A. GPW S.A. Poland Specialty Chemicals 388,630,000€ 848,000,000€ Doğuş Otomotiv Servis ve Ticaret A.Ş. ĐMKB A.S. Turkey Automobile Retail 500,309,406€ 846,224,086€

Krashojarskenergosbyt OAO RTS OAO Russia Electric Generation - 844,721,081€

PIK Group OAO RTS OAO Russia Real Estate Development 901,207,478€ 839,500,942€ TVN S.A. GPW S.A. Poland Televisions 787,850,000€ 837,000,000€

conwert Immobilien Invest S.E. WB AG Austria Real Estate Management 730,163,221€ 833,960,097€ Koza Anadolu Metal Madencilik Işletmeleri A.Ş. ĐMKB A.S. Turkey Printing Services 388,740,408€ 821,993,000€

AMAG - Austria Metall AG WB AG Austria Steel 555,408,000€ 816,714,240€ Philip Morris ČR a.s. BCPP a.s. Czech Republic Tobacco 933,100,000€ 814,500,000€

Wienerberger AG WB AG Austria Building & Construction Materials 819,044,018€ 814,342,947€ Krasnoyarskaya Hydro-Power Station OAO RTS OAO Russia Integrated Electric Utilities 1,210,104,100€ 795,920,900€

Phosagro OAO(Russia) LSE plc UK Agricultural Chemicals 506,239,200€ 794,157,200€ PIK Group OAO(Russia) LSE plc UK Real Estate Development 68,642,700€ 793,511,800€

Petropavlovsk plc(Russia-UK) LSE plc UK Gold Mining 1,650,310,000€ 792,438,000€ Alior Bank S.A/ GPW S.A. Poland Banking -€ 788,000,000€

Viohalco - Hellenic Copper and Aluminium Industry S.A. ASE S.A. Greece Aluminium & Copper 299,211,137€ 781,938,440€ Ina - Industria Nafte d.d.(Croatia) LSE plc UK Integrated Oil & Gas 841,350,000€ 776,925,100€

Globe Trade Centre S.A. GPW S.A. Poland Real Estate Development 453,800,000€ 776,000,000€ Jumbo S.A. ASE S.A. Greece Toy Store Retail 361,564,227€ 775,876,350€

Bashkirenergo OAO RTS OAO Russia Electric Generation 887,170,666€ 772,225,300€ Şekerbank T.A.Ş. ĐMKB A.S. Turkey Banking 688,428,218€ 771,832,647€

TGC-9 OAO RTS OAO Russia Electric Generation 606,226,374€ 770,400,000€ Alpha Bank Α.Ε. ASE S.A. Greece Banking 239,887,072€ 769,348,290€

Trakya Cam Sanayii A.Ş. ĐMKB A.S. Turkey Miscellaneous Manufacturing 1,129,133,663€ 766,535,935€ Trakya Cam Sanayii A.Ş. ĐMKB A.S. Turkey Miscellaneous Manufacturing 1,129,133,663€ 766,535,935€ Konya Çimento Sanayii A.Ş ĐMKB A.S. Turkey Cement 1,176,139,604€ 758,462,380€

UAC - United Aircraft Corporation OAO RTS OAO Russia Aerospace & Defense Equipement 874,679,292€ 746,407,817€ Crnogorska Komercijalna Banka A.D. MSETS A.D. Montenegro Banking 618,684,280€ 734,455,242€

AvtoVAZ OAO RTS OAO Russia Cars & Light Trucks 1,073,862,717€ 732,237,552€ Ukrnafta OAO KSE OAO Ukraine Oil Exploration & Production € 1,915,827,410 725,297,332€

Doğan Yayın Holding A.Ş. ĐMKB A.S. Turkey Multimedia 788,985,149€ 717,003,006€ Albaraka Türk Katılım Bankası A.Ş ĐMKB A.S. Turkey Financial Services 646,232,983€ 716,765,696€

Anadolu Hayat Emeklilik A.Ş. ĐMKB A.S. Turkey Financial Services 654,393,564€ 716,371,916€ Fesco DVMP OAO RTS OAO Russia Marine Transport 607,234,298€ 713,989,000€

BriSA Bridgestone Sabancı Lastik San. ve Tic. A.Ş. ĐMKB A.S. Turkey Rubber Tires 800,139,716€ 712,931,899€

Rossiyskiye Seti OAO RTS OAO Russia Conglomerate - 698,809,852€ Bank Gospodarki Żywnościowej S.A GPW S.A. Poland Banking 449,050,000€ 688,000,000€

NG2 S.A. GPW S.A. Poland Apparel Retail 401,450,000€ 688,000,000€ New Europe Property Investments plc(Romania-UK) LSE plc UK Real Estate Fund 302,920,000€ 672,467,500€

Nuh Çimento Sanayi A.Ş ĐMKB A.S. Turkey Cement 1,243,259,220€ 671,563,640€ URALSIB Financial Corporation OAO RTS OAO Russia Banking 1,810,493,865€ 669,314,915€

TGK-1 OAO RTS OAO Russia Integrated Electric Utilities - 668,426,303€ Torunlar Gayrimenkul Yatırım Ortaklığı A.Ş. ĐMKB A.S. Turkey Financial Services 691,336,634€ 664,718,622€

KamAZ OAO RTS OAO Russia Auto Medium & Heavy Duty Trucks 667,404,132€ 662,461,129€ Zaporizhstal OAO KSE OAO Ukraine Iron 1,041,594,867€ 654,792,696€

Akfen Holding A.Ş. ĐMKB A.S. Turkey Financial Services 812,585,087€ 653,558,784€ TGK-9 OAO RTS OAO Russia Electric Generation - 651,715,424€

Pharmstandard OAO(Russia) LSE plc UK Medical Generic Drugs 581,440,000€ 648,810,800€ Semperit Holding AG WB AG Austria Rubber & Plastic 612,059,661€ 645,080,023€

Zakłady Azotowe Puławy S.A. GPW S.A. Poland Agricultural Chemicals 342,270,000€ 645,000,000€ IDGC of Centre - MRSK Centra OAO RTS OAO Russia Electric Distribution 555,155,480€ 638,476,171€

Altınyıldız Mensucat ve Konfeksiyon Fabrikaları A.Ş ĐMKB A.S. Turkey Textile Products 665,222,772€ 636,775,036€ GAZ OAO RTS OAO Russia Cars & Light Trucks 398,254,353€ 626,812,787€

Telekom Slovenije d.d. - member of Deutche Telekom BCPB a.s Slovenia Integrated Telecomunications 411,604,404€ 624,460,000€ Đzmir Demir Çelik Sanayi A.Ş. ĐMKB A.S. Turkey Steel 979,269,802€ 621,578,341€

Kapsch TrafficCom AG WB AG Austria Traffic Management 760,500,000€ 614,900,000€ Kapsch TrafficCom AG WB AG Austria Traffic Management 760,500,000€ 614,900,000€ Central Mining OAO KSE OAO Ukraine Steel 733,492,066€ 612,845,802€

HMS Hydraulic Machines & Systems Group plc(Russia-UK) LSE plc UK Pumps Machinery 689,872,600€ 609,592,800€ BH Telecom d.d. SASE A.D.Bosnia&HertegovinaIntegrated Telecomunications 598,990,317€ 607,359,544€

Gübre Fabrikaları T.A.Ş. ĐMKB A.S. Turkey Agricultural Chemicals 713,702,816€ 603,712,938€ Cherkizovo Group OAO RTS OAO UK Meat Food 599,666,143€ 599,699,104€

TEO LT OMX AB Lithuania Telecom Services 473,858,686€ 596,595,854€ New Europe Property Investments plc(UK) BVB S.A. Romania Real Estate Fund 321,459,289€ 594,551,814€

Sollers OAO RTS OAO Russia Cars & Light Trucks 257,132,226€ 593,368,306€ ÇimSA Çimento Sanayi ve Ticaret A.Ş. ĐMKB A.S. Turkey Cement 783,673,666€ 589,681,819€

Palfinger AG WB AG Austria Construction & Mining Machinery 440,550,900€ 587,401,200€

Tallink Grupp A/S OMX AB Estonia Marine Transport 402,268,773€ 582,177,923€ Transgaz S.A. BVB S.A. Romania Gas Transportation 608,766,363€ 579,507,799€

Famur S.A. GPW S.A. Poland Construction & Mining Machinery 307,380,000€ 564,000,000€ Ros Agro plc(Russia-Cyprus-UK) LSE plc UK Agricultural Operations 700,263,500€ 562,934,400€

Moscow Heat Network Company OAO RTS OAO Russia Electric Distribution 728,695,673€ 562,221,300€ TGC-1 OAO RTS OAO Russia Electric Generation 1,043,486,615€ 554,136,300€

EYDAP - The Athens Water Supply and Sewerage Company S.A.ASE S.A. Greece Water Utilities 100,323,000€ 553,800,000€ KuibyshevAzot OAO. RTS OAO Russia Agrochemical Chemichals 467,559,011€ 552,375,919€

Selçuk Ecza Deposu Ticaret ve Sanayi A.Ş ĐMKB A.S. Turkey Medical & Drugs Distribution 662,886,757€ 549,510,606€ Banca Transilvania S.A. BVB S.A. Romania Banking 362,968,199€ 545,678,324€ TransAero Airlines OAO RTS OAO Russia Airlines - 537,096,098€

BKS Bank AG WB AG Austria Banking 544,896,000€ 535,608,000€ Severomoravská SM Plynárenská a.s - member of RWE BCPP a.s. Czech Republic Electric Distribution 506,400,000€ 527,100,000€

Mytilineos Holdings S.A. ASE S.A. Greece Aluminium 252,538,262€ 522,613,900€ Echo Investment S.A. GPW S.A. Poland Real Estate Development 307,360,000€ 521,000,000€

OGK-2 OAO RTS OAO Russia Integrated Electric Utilities 1,055,493,750€ 513,839,035€ KTM Power Sports AG WB AG Austria Motorcycle & Motor Scooter € 396,452,025 € 509,715,000

Akenerji Elektrik Üretim A.Ş. ĐMKB A.S. Turkey Electric Distribution 290,697,710€ 509,386,412€ Metka SA. ASE S.A. Greece Metal Distribution 154,293,282€ 508,596,370€

Getin Holding S.A. GPW S.A. Poland Investment Company 1,147,890,000€ 507,000,000€ AmRest Holdings S.E.(Poland-Netherlands) GPW S.A. Poland Retail Restaurants 302,000,000€ 501,000,000€ AmRest Holdings S.E.(Poland-Netherlands) GPW S.A. Poland Retail Restaurants 302,000,000€ 501,000,000€

Alarko Holding A.Ş. ĐMKB A.S. Turkey Financial Services 525,479,332€ 495,759,674€ Petrol d.d. BCPB a.s Slovenia Oil Refining & Marketing 323,585,285€ 493,200,000€

CHTsZ OAO RTS OAO Russia Electric Generation 767,329,864€ 484,882,411€ CarrefourSA Carrefour Sabancı Ticaret Merkezi A.Ş. ĐMKB A.S. Turkey Hypermarkets Retail 884,688,672€ 482,201,382€

Bank of Cyprus Public Company Ltd. CSE Ltd. Cyprus Banking 500,333,588€ 479,240,000€ Tesco Kipa Kitle Pazarlama Ticaret Ve Gıda Sanayi A.Ş ĐMKB A.S. Turkey Hypermarkets Retail 864,762,376€ 478,887,573€

IDGC of Urals - MRSK Urala OAO RTS OAO Russia Electric Generation 507,215,844€ 471,932,803€ Bizim Toptan Satış Mağazaları A.Ş. ĐMKB A.S. Turkey Distribution & Wholesale 597,153,465€ 471,065,871€

Egis Rt. BE Rt. Hungary Medical Drugs 422,501,554€ 470,607,211€ Türkiye Kalkınma Bankası A.Ş. ĐMKB A.S. Turkey Financial Services 737,623,762€ 465,630,187€

Far Eastern Generating Company - DVEC OAO RTS OAO Russia Electric Generation - 464,704,697€ Fortum TGC-10 OAO RTS OAO Russia Electric Generation 510,744,360€ 463,648,600€

Marfin Popular Bank Public Co. Ltd. CSE Ltd. Cyprus Banking 400,610,971€ 459,259,800€ Nomos Bank OAO(Russia) LSE plc UK Banking 342,160,000€ 457,864,100€

Bank of Cyprus Public Company Ltd. ASE S.A. Greece Banking 507,333,588€ 457,760,840€ Anadolu Cam Sanayii A.Ş. ĐMKB A.S. Turkey Housewares 709,744,900€ 456,598,392€

Otokar Otomotiv ve Savunma Sanayi A.Ş. ĐMKB A.S. Turkey Auto Medium & Heavy Duty Trucks 451,113,861€ 449,129,627€ Budimex S.A. GPW S.A. Poland Building & Constructions 434,430,000€ 439,000,000€ Zumtobel AG WB AG Austria Lighting & Systems Products 466,102,500€ 435,870,000€

Raven Russia Ltd.(Russia-Guernsey) LSE plc UK Real Estate Development 387,740,000€ 434,239,000€ NFI Empik Media & Fashion S.A. GPW S.A. Poland Fashion Retail 185,360,000€ 432,000,000€

Zaporizhtransformator OAO KSE OAO Ukraine Electric Generation 285,292,775€ 431,634,908€ Đzocam Ticaret ve Sanayi A.Ş. ĐMKB A.S. Turkey Building & Construction Materials 759,100,970€ 431,079,319€

Orbis S.A. GPW S.A. Poland Hotels & Motels 388,440,000€ 430,000,000€ Mercator d.d. BCPB a.s Slovenia Retail & Distribution 553,508,067€ 429,250,000€

Alternatif Bank A.Ş. ĐMKB A.S. Turkey Banking 250,618,812€ 423,450,939€ Piraeus Port Authority S.A. ASE S.A. Greece Port & Transports Services 214,750,000€ 423,000,000€

Konzum d.d. - member of Agrokom ZB d.d. Croatia Retail Discount 494,014,916€ 421,594,598€ Korshunovskii GOK OAO RTS OAO Russia Iron - 419,267,334€

AFI Development plc(Cyprus-Russia-UK) LSE plc UK Real Estate Development 206,455,000€ 418,652,100€ Fenerbahçe Sportif Hizmetler Sanayi ve Ticaret A.Ş ĐMKB A.S. Turkey Professional Sports 759,978,342€ 415,256,189€ Fenerbahçe Sportif Hizmetler Sanayi ve Ticaret A.Ş ĐMKB A.S. Turkey Professional Sports 759,978,342€ 415,256,189€

IDGC of Center and Volga Region OAO RTS OAO Russia Electric Generation 448,943,192€ 413,596,600€ Best Hotel Properties a.s. BCPB a.s Slovakia Hotels & Motels 403,488,000€ 413,295,000€

Philip Morris Operations A.D. BB A.D. Serbia Tobacco 430,225,402€ 406,837,216€ Netia S.A. GPW S.A. Poland Telecom Services 461,660,000€ 406,000,000€

IDGC Holding OAO(Russia) LSE plc UK Integrated Electric Utilities 512,000,000€ 403,385,800€ Protek OAO RTS OAO Russia Retail Drug Store 228,341,584€ 400,335,840€

Warsaw Stock Exchange - Giełda Papierów Wartościowych w Warszawie S.A.GPW S.A. Poland Stock Exchange 329,090,000€ 400,000,000€ Aksa Akrilik Kimya San.A.Ş. ĐMKB A.S. Turkey Fibers Chemicals 639,658,106€ 399,685,836€

Đhlas Holding A.Ş. ĐMKB A.S. Turkey Financial Services 470,767,327€ 393,369,781€ Bulgarian Telecommunication Company AD BSE A.D. Bulgaria Telecom Services 1,103,578,814€ 391,254,263€

Park Elektrik Üretim Madencilik Sanayi ve Ticaret A.Ş ĐMKB A.S. Turkey Copper 409,937,643€ 388,255,888€ TMK OAO(Russia) LSE plc UK Steel Pipes & Tube 243,050,000€ 387,907,900€ Piraeus Bank S.A. ASE S.A. Greece Banking 268,681,743€ 386,444,380€

Đş Gayrimenkul Yatırım Ortaklığı A.Ş ĐMKB A.S. Turkey Financial Services 473,391,089€ 384,651,024€ Lampsa Hellenic Hotels S.A. ASE S.A. Greece Hotels & Motels 361,051,600€ 384,552,000€

Bank für Tirol und Vorarlberg Bank für Tirol und Vorarlberg AGWB AG Austria Banking 441,000,000€ 382,500,000€ Bank Saint-Petersburg OAO RTS OAO Russia Banking 482,326,346€ 377,751,046€

Kazan Helicopters OAO RTS OAO Russia Aerospace & Defense Equipement 369,490,338€ 377,455,200€ Zavarovalnica Triglav d.d. BCPB a.s Slovenia Life Insurance 227,351,480€ 375,130,000€

Saf Gayrimenkul Yatırım Ortaklığı A.Ş. ĐMKB A.S. Turkey Financial Services 912,113,412€ 373,938,860€ Ukrtelecom OAO KSE OAO Ukraine Integrated Telecomunications 819,475,236€ 373,550,007€ Net Holding A.Ş. ĐMKB A.S. Turkey Financial Services 441,344,369€ 368,684,000€

Highland Gold Mining Ltd.(Russia-Channel Islands-UK) LSE plc UK Gold Mining 739,845,200€ 366,769,600€ Motor Sich OAO KSE OAO Ukraine Engines 437,938,211€ 366,215,298€

Lesto AB OMX AB Lithuania Electric Distribution 335,189,249€ 364,178,590€ Adris Grupa d. d ZB d.d. Croatia Tobacco 306,261,114€ 363,514,073€

Zespol Elektrociepłowni Wrocławskich Konin S.A. GPW S.A. Poland Electric Generation -€ 363,000,000€ Petrol A.D. BSE A.D. Bulgaria Oil Refining & Marketing 443,869,901€ 361,851,807€

Terna Energy S.A. ASE S.A. Greece Alternate Energy Sources 144,320,088€ 359,659,740€ Slovnaft a.s. - member of MOL BCPB a.s Slovakia Oil Refining & Marketing 579,433,932€ 358,853,969€

DO & CO Restaurants & Catering AG(Austria) ĐMKB A.S. Turkey Food Catering 465,417,698€ 357,886,199€ DO & CO Restaurants & Catering AG(Austria) ĐMKB A.S. Turkey Food Catering 465,417,698€ 357,886,199€ JP Elektroprivreda BIH d.d. SASE A.D.Bosnia&Hertegovina Electric Distribution 285,021,934€ 356,188,420€ EFG Eurobank Ergasias S.A. ASE S.A. Greece Banking 127,316,375€ 354,439,940€

BNP Paribas Bank Polska S.A. GPW S.A. Poland Banking 454,760,000€ 352,000,000€ Kartonsan Karton Sanayi Ve Ticaret A.Ş. ĐMKB A.S. Turkey Paper & Related 421,338,744€ 351,938,942€

Goodyear Lastikleri T.A.Ş ĐMKB A.S. Turkey Rubber Tires 382,567,338€ 345,636,740€ Turcas Petrol A.Ş. ĐMKB A.S. Turkey Retail Petroleum 370,706,993€ 344,477,768€ Latvijas Gāze A/S OMX AB Latvia Gas Distribution 323,603,736€ 343,703,659€

Sinpaş Gayrimenkul Yatırım Ortaklığı A.Ş ĐMKB A.S. Turkey Real Estate Management 454,826,733€ 343,132,514€ Boryszew S.A. GPW S.A. Poland Plastics Chemicals 316,240,000€ 343,000,000€

Korshynov Mining Plant OАО RTS OAO Russia Iron 315,366,166€ 340,132,700€

Ellaktor S.A. ASE S.A. Greece Commecial Services 152,663,632€ 339,842,520€ Nordea Bank Polska S.A. GPW S.A. Poland Banking 479,970,000€ 339,000,000€

Central European Media Enterprises LLC BCPP a.s. Czech Republic Televisions 281,900,000€ 337,600,000€ IDGC of Volga OAO RTS OAO Russia Electric Distribution 428,211,002€ 335,717,939€

Astarta Holding N.V.(Ukraine-Netherlands) GPW S.A. Poland Conglomerate 289,170,000€ 331,161,860€ Karelia Tobacco Company Inc. S.A. ASE S.A. Greece Tobacco 220,938,000€ 330,924,000€

Marfin Investment Group Holdings S.A. ASE S.A. Greece Private Equity 278,088,475€ 330,471,090€ Kopex S.A. GPW S.A. Poland Agricultural & Construction Machinery 347,220,000€ 328,000,000€

Grupa Kęty S.A. GPW S.A. Poland Aluminium 214,440,000€ 328,000,000€ Borusan Mannesmann Boru Sanayi ve Ticaret A.Ş. ĐMKB A.S. Turkey Steel Pipes & Tube 456,126,238€ 327,863,117€

S IMMO AG WB AG Austria Real Estate Management 306,534,231€ 327,651,033€ DO & CO Restaurants & Catering AG WB AG Austria Food Catering 254,659,440€ 326,521,440€

Alro S.A. - member of Vimetco BVB S.A. Romania Aluminium 537,023,911€ 322,313,398€ KordSA Global Endüstriyel Đplik ve Kord Bezi Sanayi ve Ticaret A.Ş.ĐMKB A.S. Turkey Specialty Chemicals 502,573,571€ 322,032,330€

Vozrozhdeniye V.Bank OAO RTS OAO Russia Banking 318,902,636€ 321,974,106€ Cinema City International N.V.(Poland-Netherlands) GPW S.A. Poland Theaters 326,850,000€ 320,612,849€

Sputh Kuzbass Fuel Company OAO RTS OAO Russia Petroleum Retail 1,431,464,551€ 318,219,800€ Zespol Elektrociepłowni Wrocławskich Kogeneracja S.A. GPW S.A. Poland Electric Generation 230,180,000€ 316,000,000€

Dorogobuzh OAO RTS OAO Russia Agricultural Chemicals 278,922,826€ 314,981,182€ Mosenergosbyt OAO RTS OAO Russia Electric Distribution 322,088,151€ 314,114,783€

Rompetrol Rafinare S.A. - member of KazMunaiGaz BVB S.A. Romania Oil Refining & Marketing 391,087,941€ 313,707,069€ Rompetrol Rafinare S.A. - member of KazMunaiGaz BVB S.A. Romania Oil Refining & Marketing 391,087,941€ 313,707,069€ Rosenbauer International AG WB AG Austria Auto & Heavy Duty Trucks 246,874,000€ 313,174,000€

Aviva Sigorta A.Ş. ĐMKB A.S. Turkey Property & Casualty Insurance 526,763,614€ 312,528,957€ Elektroprivreda Crne Gore A.D. MSETS A.D. Montenegro Electric Distribution 338,432,358€ 310,856,389€

Vorarlberger Kraftwerke AG WB AG Austria Integrated Electric Utilities 255,600,000€ 310,128,000€ Zorlu Enerji Elektrik Üretim A.Ş. ĐMKB A.S. Turkey Integrated Electric Utilities 331,165,944€ 309,998,358€

Exillon Energy plc GPW S.A. Poland Oil Exploration & Production -€ 308,858,803€ RusPetro plc LSE plc UK Oil & Gas Exploration & Production -€ 307,745,800€

Tatry Mountain Resorts a.s. BCPB a.s Slovakia Resorts & Theme Parks -€ 305,848,228€ Pınar Süt Mamulleri Sanayii A.Ş ĐMKB A.S. Turkey Dairy Food Products 551,109,346€ 304,674,908€

Stalprodukt S.A. GPW S.A. Poland Building & Construction Materials 344,050,000€ 304,000,000€

Intralot S.A. ASE S.A. Greece Lottery Services 79,043,716€ 303,616,890€ VČ Východočeská Plynárenská a.s. - member of RWE BCPP a.s. Czech Republic Gas Distribution 265,400,000€ 302,600,000€

Anadolu Isuzu Otomtiv Sanayi ve Ticaret A.Ş. ĐMKB A.S. Turkey Cars & Light Trucks 152,581,159€ 301,602,680€ Sanitas AB OMX AB Lithuania Medical Generic Drugs 289,285,056€ 299,861,069€

Tatry Mountain Resort a.s. BCPP a.s. Czech Republic Resorts & Theme Parks -€ 299,300,000€ Inter Cars S.A. GPW S.A. Poland Auto & Trucks Parts Import & Export 248,970,000€ 299,000,000€

Eurobank Properties Real Estate Investment Company S.A. ASE S.A. Greece REITS Office Property 225,090,000€ 298,900,000€ Tatry Mountain Resorts a.s.(Slovacia) GPW S.A. Poland Hotels & Motels -€ 295,617,290€

Netaş Telekomünikasyon A.Ş ĐMKB A.S. Turkey Telecommunication Equipments 664,803,991€ 295,226,774€ TransContainer OAO(Russia) LSE plc UK Rail Transport 172,130,000€ 295,030,700€

Wawel S.A. GPW S.A. Poland Food Confectionery 163,460,000€ 294,000,000€ Bulgartabac Holding A.D. BSE A.D. Bulgaria Tobacco 118,074,097€ 292,816,900€

Mennica Polska S.A. GPW S.A. Poland Mint Metal 144,300,000€ 288,000,000€ Ciech S.A. GPW S.A. Poland Specialty Chemicals 203,970,000€ 287,000,000€

Çimentaş Đzmir Çimento Fabrikası T.A.Ş. ĐMKB A.S. Turkey Cement 396,210,770€ 286,944,618€ Synergy OAO RTS OAO Russia Wine & Spirits € 297,841,894 € 285,304,507

BWT AG WB AG Austria Water Treatment Systems 232,816,342€ 285,246,832€ Hellenic Exchanges S.A. ASE S.A. Greece Stock Exchange 188,915,147€ 284,353,250€

CB Corporate Commercial Bank AD BSE A.D. Bulgaria Banking 247,723,561€ 284,078,102€ S&B Industrial Minerals S.A. ASE S.A. Greece Minerals 211,087,137€ 281,108,780€

Komerční Banka a.s.(Czech Republic) LSE plc UK Banking 235,230,000€ 279,950,400€ Komerční Banka a.s.(Czech Republic) LSE plc UK Banking 235,230,000€ 279,950,400€ Kuzbasskaya Toplivnaya Company OAO RTS OAO Russia Coal 372,372,387€ 279,075,729€

Aksigorta A.Ş. ĐMKB A.S. Turkey Property & Casualty Insurance 376,345,916€ 272,317,742€ ATE Agricultural Bank of Greece S.A. ASE S.A. Greece Banking 458,750,354€ 271,398,110€ Ünye Çimento Sanayii ve Ticaret A.Ş ĐMKB A.S. Turkey Cement 354,660,878€ 270,005,452€

Olympic Entertainment Group A/S OMX AB Estonia Gambling 171,002,341€ 269,366,519€ Integer.pl S.A. GPW S.A. Poland Transport Services 151,100,000€ 269,000,000€

Vestel Elektronik Sanayi ve Ticaret A.Ş. ĐMKB A.S. Turkey Audio & Video Products 485,228,368€ 268,819,999€ Corinth Pipeworks S.A. ASE S.A. Greece Steel Pipes & Tube 11,671,999€ 266,965,930€

Finans Finansal Kiralama A.Ş. ĐMKB A.S. Turkey Finance & Leasing 348,700,495€ 266,767,295€ Frigoglass S.A. ASE S.A. Greece General Industry Machinery 90,311,396€ 266,225,920€

Apator S.A. GPW S.A. Poland Electric Products 139,000,000€ 265,000,000€ Bank of Greece S.A. ASE S.A. Greece Banking 239,967,823€ 264,401,630€

Litgrid AB OMX AB Lithuania Integrated Electric Utilities 216,862,493€ 263,765,312€ Orco Property Group S.A.(Luxemburg) BCPP a.s. Czech Republic Real Estate Management -€ 263,000,000€

Lietuvos Dujos AB OMX AB Lithuania Gas Distribution 288,476,976€ 262,209,154€ Türk Tuborg Bira ve Malt Sanayii A.Ş ĐMKB A.S. Turkey Brewery 308,544,650€ 261,024,235€

Všeobecná Uverová Banka, a.s BCPB a.s Slovakia Banking 286,323,962€ 260,998,912€ Akmerkez Gayrimenkul Yatırım Ortaklığı A.Ş. ĐMKB A.S. Turkey Real Estate Management 484,247,525€ 260,802,886€ Orco Property Group S.A.(Luxemburg-Estonia) GPW S.A. Poland Real Estate Management 376,088,393€ 259,729,553€

World Trade Center Moscow - TSMT OAO RTS OAO Russia Real Estate Management 335,086,634€ 259,413,898€ VGP a.s. BCPP a.s. Czech Republic Real Estate Development 262,200,000€ 258,700,000€

Zentiva a.s. - member of Sanofi BCPB a.s Slovakia Medical Drugs 298,840,305€ 258,456,480€ UTair Aviation OAO RTS OAO Russia Airlines 232,169,059€ 257,309,400€

Croatia Osiguranje d.d. ZB d.d. Croatia Multi Line Insurance 163,282,639€ 257,045,785€ ELMŰ Rt. BE Rt. Hungary Electric Distribution 391,507,979€ 256,820,188€

Alchemia S.A. GPW S.A. Poland Steel 214,100,000€ 254,000,000€ Bashinformsvyaz OAO RTS OAO Russia Telecom Services 238,577,311€ 253,223,900€ Đhlas Madencilik A.Ş. ĐMKB A.S. Turkey Textile Products 171,661,263€ 251,906,419€

Galatasaray Sportif Sınai ve Ticari Yatırımlar A.Ş ĐMKB A.S. Turkey Professional Sports 360,156,320€ 248,482,728€ Imlek A.D. BB A.D. Serbia Dairy Food Products 201,521,124€ 248,157,142€

Anadolu Anonim Türk Sigorta Şirketi A.Ş. ĐMKB A.S. Turkey Property & Casualty Insurance 305,538,366€ 247,681,779€ Anadolu Anonim Türk Sigorta Şirketi A.Ş. ĐMKB A.S. Turkey Property & Casualty Insurance 305,538,366€ 247,681,779€ Ukrsotsbank OAO KSE OAO Ukraine Banking 208,406,202€ 247,009,770€ NFI Krezus S.A. GPW S.A. Poland Investment Company 75,551,466€ 247,000,000€

Mardin Çimento Sanayii ve Ticaret A.Ş. ĐMKB A.S. Turkey Cement 501,533,168€ 245,901,976€ Azovstal OAO KSE OAO Ukraine Steel 562,280,330€ 244,294,586€

Ottakringer Getränke AG WB AG Austria Brewery € 241,282,900 € 243,695,729 Kubanenergo OAO RTS OAO Russia Integrated Electric Utilities 352,813,402€ 243,344,600€

Ericsson Nikola Tesla d.d ZB d.d. Croatia Telecommunication Equipments 190,859,145€ 242,696,356€ Slavutych Brewery and Beverages OAO KSE OAO Ukraine Brewery 201,978,954€ 242,459,318€

Lietuvos Energija AB OMX AB Lithuania Electric Distribution 240,696,690€ 241,966,857€ Kazanorgsintez Organicheskiy Sintez OAO RTS OAO Russia Specialty Chemicals 179,505,585€ 239,794,239€

Atlantic Grupa d.d. ZB d.d. Croatia Food Distribution 221,249,038€ 239,270,065€ Olympic Entertainment Group A/S(Estonia) GPW S.A. Poland Gambling 131,280,000€ 238,727,542€

RAO Energeticheskiye Sistemy Vostoka OAO RTS OAO Russia Electric Generation 301,590,859€ 238,284,318€ Marshall Boya ve Vernik Sanayi A.Ş. ĐMKB A.S. Turkey Coatings & Paint 316,367,574€ 237,097,088€

Narodowy Fundusz Inwestycyjny Midas S.A. GPW S.A. Poland Investment Company 74,251,466€ 236,000,000€ R.G.I. International Ltd.(Russia-Guernsey) LSE plc UK Real Estate Development 153,577,600€ 233,864,800€ Elval - Hellenic Aluminium Industry S.A. ASE S.A. Greece Aluminium 145,197,954€ 233,309,530€

Eczacıbaşı Yapı Gereçleri Sanayi ve Ticaret A.Ş. ĐMKB A.S. Turkey Ceramic Products 239,137,273€ 231,212,658€ Zakłady Chemiczne ,,Police” S.A GPW S.A. Poland Specialty Chemicals 165,990,000€ 228,000,000€

Jadranski Naftovod d.d. ZB d.d. Croatia Pipelines Management 219,829,073€ 227,218,936€ Bursa Çimento Fabrikası A.Ş. ĐMKB A.S. Turkey Cement 340,496,412€ 224,901,557€

Batıçim Batı Anadolu Çimento Sanayii A.Ş. ĐMKB A.S. Turkey Cement 284,938,119€ 224,183,764€ Сoncern Galnaftogaz OAO KSE OAO Ukraine Retail Petroleum 3,779,613,333€ 223,217,099€ Tallinna Kaubamaja A/S OMX AB Estonia Hypermarkets Retail 204,867,876€ 223,196,016€

Astir Palace Vouliagmeni S.A. - member of NBG ASE S.A. Greece Hotels & Motels 91,377,000€ 223,011,000€ Adris Grupa d. d ZB d.d. Croatia Hotels & Motels 197,162,725€ 222,267,326€

Ledo d.d. - member of Agrokom ZB d.d. Croatia Ice Cream 147,556,865€ 221,951,541€ Vakıf Gayrimenkul Yatırım Ortaklığı A.Ş. ĐMKB A.S. Turkey Financial Services 180,228,960€ 220,984,544€

Gözde Girişim Sermayesi Yatırım Ortaklığı A.Ş. ĐMKB A.S. Turkey Financial Services 405,667,248€ 218,178,680€ Hürriyet Gazetecilik ve Matbaacılık A.Ş. ĐMKB A.S. Turkey Newspaper Publishing 298,886,139€ 217,350,288€

UAZ - Ulyanovsky Avtomobilny Zavod OAO RTS OAO Russia Auto Medium & Heavy Duty Trucks - 215,711,219€ UAZ - Ulyanovsky Avtomobilny Zavod OAO RTS OAO Russia Auto Medium & Heavy Duty Trucks - 215,711,219€ Emperia Holding S.A. GPW S.A. Poland Food Distribution 376,560,000€ 215,000,000€

Çelebi Hava Servisi A.Ş. ĐMKB A.S. Turkey Transport Services 334,576,114€ 213,482,641€ Interregional Distribution Grid Company - IDGC of Siberia OAORTS OAO Russia Electric Distribution 315,366,029€ 213,414,788€

Vestel Beyaz Eşya Sanayi ve Ticaret A.Ş. ĐMKB A.S. Turkey Appliances 249,845,297€ 213,160,776€ BAGFAŞ Bandırma Gübre Fabrikaları A.Ş ĐMKB A.S. Turkey Agricultural Chemicals 351,562,500€ 212,615,055€

Prosperity Voskhod Fund Ltd.(Russia-Guernsey) LSE plc UK Equity Fund 205,692,400€ 212,062,100€ Veropharm OAO RTS OAO Russia Medical Drugs € 214,263,614 € 210,410,554

Transelectrica S.A BVB S.A. Romania Electric Transmission 295,269,271€ 210,023,904€ Končar - Elektroindustrija d.d ZB d.d. Croatia Electric Products 175,451,867€ 209,508,883€

AT&S Austria Technologie & Systemtechnik AG WB AG Austria Electronic Componets 217,819,000€ 208,754,000€

Firma Oponiarska Dębica S.A. GPW S.A. Poland Rubber Tires 165,640,000€ 207,000,000€ Dom Development S.A. GPW S.A. Poland Building Residential & Commercial 161,160,000€ 207,000,000€

Bioton S.A. GPW S.A. Poland Medical Biomedical 89,786,460€ 206,000,000€ Türk DemirDöküm Fabrikaları A.Ş. ĐMKB A.S. Turkey Thermic Process Machinery 389,294,554€ 200,423,428€

Đş Yatırım Menkul Değerler A.Ş. ĐMKB A.S. Turkey Financial Services 277,537,129€ 199,966,207€ Göltaş Göller Bölgesi Çimento San. ve Tic. A.Ş ĐMKB A.S. Turkey Cement 272,896,040€ 198,313,594€

Alarko Carrier Sanayi ve Ticaret A.Ş. ĐMKB A.S. Turkey General Industry Machinery 251,454,208€ 196,621,228€ Raiffeisen Bank Aval OAO KSE OAO Ukraine Banking 381,263,973€ 192,192,035€

Centrenergo OAO KSE OAO Ukraine Integrated Electric Utilities 301,479,240€ 192,140,621€ Eczacıbaşı Holding - Eczacıbaşı Yatırım Ortaklığı A.Ş ĐMKB A.S. Turkey Financial Services 236,076,733€ 191,455,899€

Kryukiv Railcar OAO KSE OAO Ukraine General Industry Machinery 251,279,257€ 188,996,339€ Mariupol Illich Iron and Steel OAO KSE OAO Ukraine Steel 280,540,097€ 188,569,668€

Poltava Mining OAO KSE OAO Ukraine Iron 308,124,902€ 187,773,527€ Farmacol S.A. GPW S.A. Poland Medical Drug Distribution & Wholesale 118,670,000€ 187,000,000€

Quadra- Power Generation -Kvadra-Generiruyushchaya Kompaniya OAORTS OAO Russia Electric Generation 310,663,808€ 186,136,350€ Open Finance S.A. GPW S.A. Poland Investment Management 127,310,000€ 186,000,000€

ZMZ - Zavolzhskiy Motornyi Zavod OAO RTS OAO Russia Engines 170,043,515€ 185,216,238€ Tallinna Vesi A/S OMX AB Estonia Water Utilities 127,000,000€ 184,000,000€ SIF Oltenia S.A. BVB S.A. Romania Equity Fund 141,962,442€ 183,778,306€

Kruk S.A. GPW S.A. Poland Commercial Finance 164,350,000€ 183,000,000€ Deva Holding A.Ş. ĐMKB A.S. Turkey Medical Drugs 303,217,822€ 182,903,468€ Deva Holding A.Ş. ĐMKB A.S. Turkey Medical Drugs 303,217,822€ 182,903,468€

Boyner Büyük Mağazacılık A.Ş. ĐMKB A.S. Turkey Major Department Store Retail 164,512,454€ 181,652,865€ Pegas Nonwovens S.A. BCPP a.s. Czech Republic Textile Products 163,500,000€ 181,000,000€

TGC-6 OAO RTS OAO Russia Electric Generation 302,603,069€ 180,502,800€ Euroherc Osiguranje d.d. ZB d.d. Croatia Property & Casualty Insurance 169,997,611€ 180,036,482€

Cherkizovo Group OAO(Russia) LSE plc UK Meat Food 176,330,000€ 179,568,000€ Riviera Adria d.d. ZB d.d. Croatia Hotels & Motels 132,906,017€ 178,213,275€ Coal Energy S.A. GPW S.A. Poland Coal 215,260,000€ 178,133,430€

Bosch Fren Sistemleri Sanayi ve Ticaret A.Ş ĐMKB A.S. Turkey Auto & Truck Parts & Equipemts 271,697,092€ 177,973,738€ Lamda Development S.A. ASE S.A. Greece Real Estate Development 105,774,230€ 177,913,140€

Ipek Dogal Enerjı Kaynakları Arastırma ve Üretım A.Ş. ĐMKB A.S. Turkey Paper & Related Products 213,004,869€ 177,822,816€

Kofola S.A. GPW S.A. Poland Non Alcoholic Beverages 110,960,000€ 177,000,000€ Podravka Prehrambena Industrija d.d. ZB d.d. Croatia Food Wholesale & Distribution 166,149,110€ 176,130,397€

Fortuna Entertainment Group N.V.(Czech Republic-Netherlands)BCPP a.s. Czech Republic Gambling 184,900,000€ 175,800,000€ SIF Transilvania S.A. BVB S.A. Romania Equity Fund 143,353,767€ 175,444,217€

Ionian Hotel Enterprises S.A. ASE S.A. Greece Hotels & Motels 187,662,160€ 174,257,720€ Belon OAO RTS OAO Russia Coal 355,816,832€ 173,396,450€

Tekstil Bankası A.Ş. ĐMKB A.S. Turkey Banking 201,423,267€ 172,488,132€ Lenzoloto OAO RTS OAO Russia Gold Mining - 172,462,916€ Impexmetal S.A. GPW S.A. Poland Metal Processors 155,700,000€ 172,000,000€

GEK Terna Holdings, Real Estate, Construction S.A. ASE S.A. Greece Real Estate Development 48,695,484€ 171,765,380€ Dukat Mliječna Industrija d.d. - member of Lactalis ZB d.d. Croatia Food Dairy Products 270,722,191€ 171,110,295€

ECO Business-Immobilien AG WB AG Austria Real Estate Development € 158,906,000 € 170,500,000 SIF Moldova S.A. BVB S.A. Romania Equity Fund 129,781,410€ 169,939,695€

TGK-6 OAO RTS OAO Russia Electric Generation - 169,470,100€ Fortuna Entertainment Group N.V.(Czech Republic-Netherlands)GPW S.A. Poland Gambling 175,120,000€ 169,073,182€

Sidenor S.A. ASE S.A. Greece Steel 36,572,685€ 168,426,840€ Bank Ochrony Środowiska S.A. GPW S.A. Poland Banking 163,930,000€ 168,000,000€

TGC-13 OAO RTS OAO Russia Electric Generation 246,208,316€ 166,835,100€ Varyeganneftegaz OAO RTS OAO Russia Oil Exploration & Production 349,843,557€ 166,760,800€

Sinarskiy Trubnyi Zavod - SinTZ OAO RTS OAO Russia Steel Pipes & Tube 292,182,317€ 165,275,200€ Lukoil Srbija A.D. BB A.D. Serbia Integrated Oil & Gas € 173,455,182 € 164,025,701 Lukoil Srbija A.D. BB A.D. Serbia Integrated Oil & Gas € 173,455,182 € 164,025,701

Sun InBev Ukraine OAO KSE OAO Ukraine Brewery 140,129,421€ 163,081,331€ Kiler Alışveriş Hizmetleri Gıda Sanayi ve Ticaret A.Ş ĐMKB A.S. Turkey Canned Food 282,193,843€ 162,439,872€

Đş Finansal Kiralama A.Ş ĐMKB A.S. Turkey Financial Services 298,932,550€ 161,403,843€ Seligdar OAO RTS OAO Russia Gold Mining 263,981,281€ 161,170,908€

Ventspils Nafta A/S OMX AB Latvia Oil Refining & Marketing 178,393,155€ 160,232,914€ Pfleiderer Grajewo S.A. GPW S.A. Poland Wood 60,243,427€ 160,000,000€

Zakłady Tłuszczowe "Kruszwica" S.A. GPW S.A. Poland Diversified Food 265,110,000€ 160,000,000€ Bank Pekao S.A..(Poland) LSE plc UK Banking 135,170,000€ 158,873,300€

Sopharma A.D. BSE A.D. Bulgaria Medical Drugs 214,250,715€ 158,709,090€ CEZ Distribution Bulgaria AD BSE A.D. Bulgaria Electric Distribution 160,172,813€ 158,709,090€

Borusan Yatırım ve Pazarlama A.Ş. ĐMKB A.S. Turkey Financial Services 195,360,845€ 158,507,861€ Linz Textil Holding AG WB AG Austria Textile Products 129,000,000€ 158,100,000€

PCC Exol S.A. GPW S.A. Poland Specialty Chemicals -€ 158,000,000€ Khartsyzsk Pipes OAO KSE OAO Ukraine Steel Pipes & Tube 237,169,896€ 155,949,417€

JKX Oil & Gas plc(Ukraine-UK) LSE plc UK Oil Exploration & Production 283,088,900€ 155,086,300€ Starland Holding a.s BCPB a.s Slovakia Real Estate Development -€ 154,500,000€

Banvit Bandırma Vitaminli Yem Sanayii Ticaret A.Ş. ĐMKB A.S. Turkey Meat Food 229,014,382€ 153,725,958€ Kulczyk Oil Ventures Inc. GPW S.A. Poland Oil Exploration & Production 108,580,000€ 152,722,477€

Lenenergo OAO RTS OAO Russia Integrated Electric Utilities 272,190,778€ 152,583,624€ Allgemeine Baugesellschaft - A. Porr AG WB AG Austria Building Heavy Construction 245,511,240€ 152,421,561€

Ayen Enerji A.Ş. ĐMKB A.S. Turkey Electric Distribution 157,441,474€ 152,076,117€ Crnogorski Telekom A.D. MSETS A.D. Montenegro Cellular Telecom 127,677,457€ 151,905,351€

Energochemica S.E. BCPP a.s. Czech Republic Specialty Chemicals -€ 151,600,000€ Ocel Holdings S.E. BCPP a.s. Czech Republic Media -€ 151,100,000€

IRKUT Corporation OAO RTS OAO Russia Aerospace & Defense Equipement 270,577,604€ 150,462,000€ Adel Kalemcilik Ticaret ve Sanayi A.Ş. ĐMKB A.S. Turkey Office Supplies & Forms 188,834,313€ 150,339,259€

SIF Banat Crişana S.A. BVB S.A. Romania Equity Fund 114,732,710€ 150,313,644€ Cyprus Popular Bank Ltd. ASE S.A. Greece Banking -€ 150,087,790€

Sarantis S.A. ASE S.A. Greece Cosmetics & Toiletries 29,760,329€ 149,799,360€ IDGC of North-West OAO RTS OAO Russia Integrated Electric Utilities 229,684,686€ 149,230,500€

Componenta Döktaş Dökümcülük Ticaret ve Sanayi A.Ş. ĐMKB A.S. Turkey Steel 290,584,604€ 148,298,619€ Componenta Döktaş Dökümcülük Ticaret ve Sanayi A.Ş. ĐMKB A.S. Turkey Steel 290,584,604€ 148,298,619€ Ufaorgsintez OAO RTS OAO Russia Oil Refining & Marketing 204,188,922€ 148,200,000€

Zelmer S.A. GPW S.A. Poland Appliances 93,378,445€ 147,000,000€ CHMK Chelyabinsk Metallurgical Plant OAO RTS OAO Russia Iron 631,023,337€ 146,615,527€

ComArch S.A. GPW S.A. Poland Computer Software 99,000,000€ 145,000,000€ Güneş Sigorta A.Ş. ĐMKB A.S. Turkey Property & Casualty Insurance 212,329,827€ 144,798,579€

CD Projekt RED S.A. GPW S.A. Poland Entertainment Software 111,300,000€ 144,000,000€ Ufa Motor Production Company - UMPO OAO RTS OAO Russia Engines 123,741,905€ 143,682,424€

Rafako S.A. GPW S.A. Poland General Industry Machinery 120,290,000€ 143,000,000€ Aegean Airlines S.A. ASE S.A. Greece Airlines 96,413,085€ 142,834,200€

Hoteli Haludovo Malinska d.d. ZB d.d. Croatia Hotels & Motels -€ 142,365,198€

TVK Rt. - member of MOL BE Rt. Hungary Petrochemicals 166,713,305€ 142,358,923€ Global Yatırım Holding A.Ş. ĐMKB A.S. Turkey Financial Services 182,745,878€ 142,063,509€

Plava Laguna d.d. ZB d.d. Croatia Hotels & Motels 105,276,429€ 141,873,167€ Minoan Lines S.A.. ASE S.A. Greece Marine Transport -€ 141,852,000€

Helios d.d. BCPB a.s Slovenia Coatings & Paint 112,770,630€ 140,620,000€ Klaipėdos Nafta AB OMX AB Lithuania Oil Refining & Marketing 136,800,000€ 140,443,682€ SIF Muntenia S.A. BVB S.A. Romania Equity Fund 106,678,207€ 140,303,474€

MirLand Development Corporation plc(Rusia-UK) LSE plc UK Real Estate Development 182,386,900€ 140,272,100€ Crete Plastics S.A. ASE S.A. Greece Plastics & Rubber 102,945,792€ 139,633,920€

EgeProfil Ticaret Ve Sanayi A.Ş. ĐMKB A.S. Turkey Buildings & Construct Materials 207,802,227€ 138,204,998€ Trader Media East Ltd.(Russia-Netherlands) LSE plc UK Advertising 149,462,800€ 138,172,700€

Kusbassenergo OAO RTS OAO Russia Electric Generation 410,016,929€ 138,124,521€ EMED Mining Public Ltd.(Cyprus) LSE plc UK Gold Mining -€ 137,457,100€

Mutlu Akü Ve Malzemeleri Sanayi A.Ş. ĐMKB A.S. Turkey Electronic Componets 171,047,339€ 137,431,321€ Attica Bank S.A. ASE S.A. Greece Banking 9,599,514€ 137,135,920€

Alkim Alkali Kimya A.Ş. ĐMKB A.S. Turkey Specialty Chemicals 151,088,722€ 136,610,791€ Finansbank A.Ş. ĐMKB 30 ATipi Borsa Yatırım Fonu ĐMKB A.S. Turkey Equity Fund 158,268,874€ 136,208,175€

Tat Konserve Sanayii A.Ş. ĐMKB A.S. Turkey Canned Food 193,564,356€ 136,005,836€ Benefit Systems S.A GPW S.A. Poland Human Resources 70,698,015€ 136,000,000€

Towarzystwo Finansowe Skok S.A. GPW S.A. Poland Financial Services -€ 136,000,000€ LSR Group OAO(Russia) LSE plc UK Real Estate Development 117,240,000€ 135,894,600€ LSR Group OAO(Russia) LSE plc UK Real Estate Development 117,240,000€ 135,894,600€

AERO - Aerodrom Nikola Tesla A.D. BB A.D. Serbia Airport Management 161,213,725€ 135,084,932€ Towarzystwo Finansowe Spółdzielczych -Kredytowych SA GPW S.A. Poland Financial Services 119,960,000€ 133,830,364€

Polytec Holding AG WB AG Austria Auto & Truck Parts & Equipemts 120,914,702€ 131,074,663€ Fabryka Farb i Lakierów Sniezka S.A. GPW S.A. Poland Coatings & Paint 68,075,706€ 131,000,000€

Asigurare-Reasigurare Astra S.A. - member of Nova Trade InvestmentsBVB S.A. Romania Property & Casualty Insurance 130,329,390€ 130,858,768€ Agora S.A. GPW S.A. Poland Publishing Newspapers 125,760,000€ 130,000,000€

LC Corp S.A. GPW S.A. Poland Real Estate Development 93,780,221€ 129,000,000€ Karsan Otomotiv Sanayii ve Ticaret A.Ş. ĐMKB A.S. Turkey Cars & Light Trucks 219,214,109€ 128,794,525€

Turboatom OAO KSE OAO Ukraine Steel 193,928,574€ 128,793,639€ Ovostar Union N.V.(Ukraine-Netherlands) GPW S.A. Poland Food Dairy Products 90,819,685€ 128,611,224€

Dniproenergo OAO KSE OAO Ukraine Integrated Electric Utilities 354,716,903€ 128,180,439€ Sopharma A.D.(Bulgaria) GPW S.A. Poland Medical Drugs 190,850,000€ 127,166,154€ Russian Sea Group OAO RTS OAO Russia Fisheries 172,265,952€ 126,982,500€

PETUN - Pınar Entegre Et Ve Un Sanayii A.Ş. ĐMKB A.S. Turkey Meat Food 186,372,679€ 125,603,440€ Regal Petroleum plc(Ukraine-UK) LSE plc UK Oil Exploration & Production 134,500,000€ 125,426,500€

Wolford AG WB AG Austria Apparel Manufacture € 117,175,000 € 125,000,000 OPIN - Open Investments OAO RTS OAO Russia Real Estate Development € 236,389,558 € 124,381,987

Elektrobudowa S.A. GPW S.A. PolandPower Conversion & Supply Equipement 102,440,000€ 124,000,000€ Industrial Milk Company S.A. GPW S.A. Poland Dairy Food Products 58,875,280€ 123,253,627€

Avangardco Investments plc(Ukraine-Cyprus-UK) LSE plc UK Dairy Food Products 301,000,000€ 122,749,200€ Akfen Holding - Akfen Gayrimenkul Yatırım Ortaklığı A.Ş ĐMKB A.S. Turkey Financial Services 204,950,495€ 122,308,226€

AIK Banka A.D. BB A.D. Serbia Banking 135,684,127€ 122,030,584€ Jamnica d.d. - member of Agrokom ZB d.d. Croatia Non Alcoholic Beverages 117,445,656€ 121,797,412€

Central European Distribution Corporation LLC(USA) GPW S.A. Poland Wine & Spirits 244,320,000€ 121,722,494€ TGC-5 OAO RTS OAO Russia Electric Generation 190,323,950€ 120,964,000€

Stomil Sanok S.A. GPW S.A. Poland Plastics & Rubber 69,034,763€ 118,000,000€ Farmak OAO KSE OAO Ukraine Medical Drugs 109,301,395€ 117,786,563€ Apranga A/S OMX AB Lithuania Retail Apparel & Shoe 84,043,779€ 117,771,875€

RBK Informatsionnye Sistemy OAO RTS OAO Russia Media - 117,062,966€ Asseco South Eastern Europe S.A. GPW S.A. Poland Computer Software 99,000,000€ 117,000,000€

Pro Kapital Grupp A/S OMX AB Estonia Real Estate Management -€ 114,348,657€ Pro Kapital Grupp A/S OMX AB Estonia Real Estate Management -€ 114,348,657€ Sarkuysan Elektrolitik Bakır San. ve Tic.A.Ş. ĐMKB A.S. Turkey Wire & Cable 153,542,698€ 114,314,667€

Silvano Fashion Group A/S(Estonia) GPW S.A. Poland Fashion Retail 124,680,000€ 113,871,511€ Head N.V. WB AG Austria Athletic Equipment 78,501,586€ 112,901,158€

IC Russ-Invest OAO RTS OAO Russia Investment Company 85,711,188€ 111,953,600€ Hellas Online S.A. ASE S.A. Greece Telecom Services -€ 111,778,230€

Dniprospetsstal OAO KSE OAO Ukraine Steel 158,043,064€ 111,626,776€ Burgenland Holding AG WB AG Austria Energy Investments 123,000,000€ 111,600,000€

Luka Koper d.d. BCPB a.s Slovenia Port & Transports Services 99,400,000€ 111,300,000€ J&P-Avax S.A. ASE S.A. Greece Building Heavy Construction 22,908,181€ 111,046,440€

PZP Beograd A.D. BB A.D. Serbia Building Heavy Construction 117,350,477€ 110,970,996€

Geniki Bank S.A. - member of Piraeus Bank ASE S.A. Greece Banking -€ 110,876,590€ STW - Seversky Tube Works OAO RTS OAO Russia Steel Pipes & Tube 148,914,356€ 110,784,600€

RSC Energia - Orbital Technologies and Rocket and Space OAORTS OAO Russia Aerospace & Defense Equipement 156,460,489€ 110,084,400€ RBC - RosBusinessConsulting OAO RTS OAO Russia Media 125,799,984€ 109,341,600€

Silvano Fashion Group A/S OMX AB Estonia Retail Apparel & Shoe 121,699,500€ 107,956,000€ Valamar Adria Holding d.d. ZB d.d. Croatia Investment Company 70,327,657€ 107,942,644€

Zakhidenergo OAO KSE OAO Ukraine Integrated Electric Utilities 289,143,425€ 107,224,217€ Komercijalna Banka A.D. - member of Societe Generale BB A.D. Serbia Banking 139,780,339€ 107,144,802€

Adese Alışveriş Merkezleri Ticaret A.Ş. ĐMKB A.S. Turkey Food Retail 119,275,990€ 106,219,495€ ÉMÁSZ Rt. BE Rt. Hungary Electric Distribution 143,743,431€ 106,057,989€ Neuca S.A. GPW S.A. Poland Medical Drug Distribution & Wholesale 65,797,313€ 106,000,000€

Milkiland N.V. GPW S.A. Poland Dairy Food Products 99,638,167€ 105,369,683€ Alchevsk Iron & Steel OAO KSE OAO Ukraine Steel 248,745,827€ 105,091,521€

OlmukSA International Paper-Sabancı Ambalaj San. ve Tic.A.Ş.ĐMKB A.S. Turkey Containers Paper & Plastic 153,328,589€ 104,906,570€ C-Quadant Investment AG WB AG Austria Diversified Financials 76,792,320€ 104,716,800€

Merko Ehitus A/S OMX AB Estonia Building & Constructions 96,571,200€ 104,430,000€ Amica Wronki S.A. GPW S.A. Poland Retail Appliances 50,924,641€ 104,000,000€

Federal-Mogul Đzmit Piston ve Pim Üretim Tesisleri A.Ş ĐMKB A.S. Turkey Auto & Truck Parts & Equipemts 163,440,975€ 103,665,176€ Binder+Co AG WB AG Austria Construction & Mining Machinery 79,950,000€ 103,125,000€

Trabzonspor Sportif Yatırım ve Ticaret A.Ş. ĐMKB A.S. Turkey Professional Sports 220,451,733€ 102,459,813€ Invalda A/S OMX AB Lithuania Financial Diversified 99,703,333€ 102,050,228€ Invalda A/S OMX AB Lithuania Financial Diversified 99,703,333€ 102,050,228€

Rank Progress S.A. GPW S.A. Poland Building & Constructions 72,247,141€ 101,000,000€ Plaza Centers N.V.(Poland-Netherlands) GPW S.A. Poland Real Estate Development 128,900,000€ 100,920,361€

Fourlis Holdings S.A. ASE S.A. Greece Distribution & Wholesale 51,247,284€ 100,454,870€ Intercell AG WB AG Austria Medical Biomedical 92,325,216€ 100,103,705€

Komercijаlnа Bаnkа A.D. MSE A.D. Macedonia Banking 100,044,399€ 100,044,399€ General Bank of Greece S.A. ASE S.A. Greece Banking 522,895,276€ 100,000,000€

Hawe S.A. GPW S.A. Poland Telecom Services 76,097,324€ 100,000,000€

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