Andersen Group Inc. · NYSE:ANDG
Andersen — Shareholder Meeting (October 2003)
20 slides from Andersen's shareholder meeting presentation, Oct 27, 2003
Slide 1: Andersen Group Shareholders Meeting
Andersen Group Shareholders Meeting October 27,2003 * 11:00 a.m. Park Lane Hotel
Slide 2: Project Background
PROJECT BACKGROUND “THE MANAGEMENT OF THE COMPANY HAS PREPARED CERTAIN PROJECTIONS OF THE COMPANY'S FUTURE FINANCIAL PERFORMANCE (THE “PROJECTIONS”). THE PROJECTIONS ARE UNAUDITED AND WERE NOT PREPARED WITH A VIEW. ‘TOWARD COMPLYING WITH EITHER THE PUBLISHED GUIDELINES OF THE USS, SECURITIES AND EXC
Slide 3: Moscow CableCom Corp.
moscow cablecom corp. ==
Slide 4: HFC Network
HFC NETWORK + Hybrid Fiber Coaxial network owned and operated by RULISERVICE RETHOREATROCTERE COMCOR TV + State of th art tolecommunication technologies, “ast mie" connecting subscribers to the Moscow Fiber Optic Network + Network consists of fiber loops connected to the MFON at primary nodes with c
Slide 5: The Moscow Franchise
THE MOSCOW FRANCHISE © COMCOR-1V is the only operator who is providing broadband services to the mass market in Moscow - Residences / Offices ‘© Terrestrial TV ® Satellite TV ® Broadband Intemet ® Telephony ® Digital and interactive services - VOD == I ‘a H
Slide 6: Moscow Today
MOSCOW TODAYS Terrestrial Reception + 62% of the City receives less than 7 channels (out of 14 availabe) Satellite Programs + Estimated 75,000 connections in total throughout the City (3.0M dwellings) Imernet Connectivity + 1,000,000 residential computers (10% of the population) + 25,000 ADSL. + 150
Slide 7: Leverage
LEVERAGE + Exclusive Use of the Moscow Fiber Optic Network (MFON) for HFC connections in the CAR Right of First Refusal = 8,000 KM of cable passing within 100 meters of every major bullding in the Central ‘Administrative Region (CAR) Directive from the Prefect of the CAR to cable the region and prov
Slide 8: Advantage
ADVANTAGE + Speed to market ~ Completing 195,000 dwellings by March 2004 * Low cost of HFC connection (coaxial) ~ $65 on average ® Bundled Services available — TV and Internet -VOIP Spring of 2004 + First Mover == I ‘a H
Slide 9: Present Ownership: The Players
PRESENT F OWNERSHIP The Players Joint Venture ComCor-TV ‘Moscow Broadband Communication comcor Ownership 50% Ownership 50% ==
Slide 10: Present Ownership: Moscow Broadband Communication
PRESENT OWNERSHIP. : The Players Moscow Broadband Communication, LTD 25% 75% owned by owned by funds Andersen Group and private investors ‘+ 15,174 shares of Institute for Automated Systems (IAS) 6% + Cash - $15 Million ==
Slide 11: Present Ownership: COMCOR
PRESENT OWNERSHIP The Players Moskovskaya Telekommunikatsionnaya Korporatsiya (COMCOR) + Owns and operates the Moscow Fiber Opt Newark since 1982 75% "80 Km fiber op cable - est n Moscow ‘Gwaed by’ private/corpuratetavestecs vilaccermadse mre han 192 pay nodes + Funding rom acipt Tax Geant 28% + AlL
Slide 12: Present Ownership: Andersen Group, Inc.
PRESENT OWNERSHIP The Players Andersen Group, Inc. (NASDAQ: ANDR) Founding investor in MBC ‘Along with cigioa investors ~ Acquired shares of 1AS ia 198 ~ Developed lationship wits COMCOR Currently owns ‘Responsible foe 25%, ~Pancipaive management of ComCor TV : ~Developng with COMCOR the Financial O
Slide 13: Post-Closing Ownership
POST- CLOSING OWNERSHIP Following the Closing As authorized by this Shareholders Meeting ‘Shareholding interests \ S| lira sro | shares Outstana + 25% MBC holders, | Maseru Cable = 650,000 ipaaia: 7 (Market Cap $43M @ $5) holders vo =49% Comcor comcor MON concoct |» supplier exclusive Use Objectives
Slide 14: Moscow CableCom Corp. balance sheet
Moscow CableCom Corp. roremcneiaes «SRT 8 Saeeese Soiree a Sonate (Unaudited) 1328 So a st a oe beakers ig rer abi sare Stocetoar equ Pred stk aur Common stole equty (04.655 staes) 36774 “eta toca’ equity = |=
Slide 15: Service Revenue Growth
SERVICE REVENUE GROWTH January 2002 to September 2003 (unaudited) 250,000 200,000 160,000 100,000 50,000 il %, a % & vl %, > Pate,” Ga, Le & a, ceo
Slide 16: Subscriber & Network Growth
SUBSCRIBER & NETWORK GROWTH January 2003 to September 2003 ‘internet subscriber up 63% since 1 January Pay TV subscribers up 50% since 4 January Homes passed up 35% since 1 January ‘Conclusion: Premium services are growing {faster than the network 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% o.o% 4 [—T
Slide 17: Terrestrial TV
TERRESTRIAL TV Growth from December 31, 2002 y al s come from the new areas 12,000 10,000 4 8,000 6,000 4,000 2,000 Old Zones mlNew Zones |
Slide 18: Premium TV
PREMIUM TV Growth from December 31, 2002 Set ene {Old Zones mNew Zones
Slide 19: Internet
INTERNET + Growth of Internet is Growth from December 31, 2002 Pocplalelplab 3,500 3,000 2,500 2,000 an 1,500 ll = = 1,000 500 [Old Zones mNew Zones
Slide 20: Name Change
NAME CHANGE Andersen Group has changed its name to: Moscow CableCom Corp. ike moscow cablecom corp. NASDAQ National Market Symbol: MOcC (target date November 3, 2003) 7 |=