LETTER OF REFERENCE FROM PEPSICO HOLDINGS, LLC

On behalf of Pepsi Bottling Group Russia, I would like to express my sincere gratitude to MEGA-STROY, LLC for early commissioning of the warehouse complex of Pepsi Bottling Group Russia plant in Domodedovo that is under construction. I would like to note very high qualification of your Company’s specialists that allowed building the warehouse complex in the shortest period of time within the budget of the initial estimate and providing with high quality of the construction works. MEGA-STROY, LLC was the first Russian construction company that Pepsi Bottling Group Russia trusted to build a plant. I hope that this gained experience of joint work of Pepsi Bottling Group and MEGA-STROY, LLC during construction of the warehouse complex will allow your Company be the same efficient in construction of Phase 2 – manufacturing and office buildings of the plant.