5. Current situation of the Company - PLL LOT 6-month performance 6 and 2008 forecast * Forecast by LOT Controlling Source: LOT Controlling 1.436 1.326 YTD revenue 6M 07 -130 2.752 2.983 2.866 Revenue (12 -month forecast ) -216 -275 Performance in the first 6 months Annual performance -1 6M 08A 6M 07 6M 08A 2007 2008 P* EBIT YTD EBIT (12 -month forecast ) 2007 2008 P* In PLN million -61
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11. Strategy – six leverages of the remedial programme -2 Remedial programme leverages Optimising network and fleet Cost efficiency/CAPEX Stimulating revenues Cooperation strategy within alliance Source: team analysis Customer Reforming the capital group
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21. The remedial programme to reduce loss generated in 2009 Network optimisation Revenue maximisation Cost reduction Overall potential of remedial actions EBIT in 2009 before the cost of financial leasing of fleet Revenue maximisation Reform costs - 60 335 -440 Base 2009 scenario 130 Network optimisation 100 150 Cost reduction -120 EBIT after remedial actions Total 560* 160 150 250 in PLN million Reform costs -70 50 * Excluding one-time reform costs
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23. To achieve the 2010 goal it is necessary to implement the objectives of network optimisation and improved efficiency No. of passengers ( million ) * Additional effect expected in 4th quarter of 2008 in connection with network optimisation and sales activation Source: team analysis 4.200 08 4.400 4.270 2007 4.100 09 2010 455 3.900 08 4.030 4.270 2007 4.100 09 2010 3.990 08 * 4.200 4.270 2007 4.100 09 2010 Base scenario Scenario after network optimisation Scenario after all initiatives