Investor Presentation December 2006

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Investor PresentationDecember 2006

• Victoria Industries, Inc.

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Forward Looking Statements
This presentation contains forward-looking
statementswithin the meaning of the
safe-harborprovisions of the Private Securities
Litigation Reform Act of 1995. Such statements
involve known and unknown risks, uncertainties
and other factors that could cause the actual
results of the Company to differ materially from
the results expressed or implied by such
statements, including changes from anticipated
levels of sales, future national or regional
economic and competitive conditions, changes in
relationships with customers, access to capital,
difficulties in developing and marketing reserves
and other factors disclosed in the Companys
Annual Report on Form 10-K for the year ended
Dec. 31, 2005 and the Companys subsequent
Quarterly Reports on Form 10-Q, especially in the
risk factors sections of these SEC reports.
Although the Company believes that the
expectations reflected in such forward-looking
statements are reasonable, there can be no
assurance that such expectations will prove to be
correct. The Company does not undertake any
obligation to update the forward-looking
information contained in this presentation.
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Highlights

• OTCBBVIIN
• 52 week high/low 2.01/0.30
• Shares outstanding 10.97 million
• Market Cap/Enterprise Value 6MM
• Business Profile
• Victoria Industries (Victoria or the
  Company) is a wholesaler of round logs and
  timber products. The Company sources timber of
  both hard and softwood species from Siberia,
  Russian Federation. Over 85 of the Companys
  sales are exported to China with the remainder
  sold within Russia.
• The Company currently does not lease timberlands
  but rather buys from local suppliers.
  Additionally, the Company presently has no
  manufacturing facilities.

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Key Financials/Profit and Loss
Key Growth Drivers The Companys business is
volume-driven and is strongly dependent upon
working capital.
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Key Financials/Balance Sheet

• Working Capital
• The Company extends 120-150 days credit to its
  customers.
• All receivables are current/No bad debts.
• The Company enjoys 90-100 days credit from its
  suppliers.

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Key Success Factors

1. Access to premium timber in pine, larch, cedar
   and birch.
2. Continued expansion of the Russian timber export
   opportunities.
3. Robust growth of the Russian economy and timber
   consumption.
4. Competent and hard working management headed by
   Mr. Albert Abdoulline who possesses over 15 years
   proven track record in the Russian commodities
   trading sector.
5. Ability to identify quality and reliable
   suppliers.
6. Ability to identify reliable and creditworthy
   customers.
7. Availability of working capital raised from bank
   financing and private equity sources.

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Strategy/Key Growth Areas

• Expansion of export sales of round log to China.
• Import of construction materials from China and
  other countries.
• Manufacturing of finished timber products and
  obtaining timberland leases.
• Other potential growth areas import and
  installation of ready-made homes.

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Priority growth areas in 2007-2008

• 1. Increase of round log export.
• One of the main directions of Companys growth
  is exports of round log to China. Increased
  timber import from Russia indicates that the
  import from Russia to China appears to be the
  easiest solution to resolve the problem of
  Chinas indigenous timber shortages.
• China currently ranks third in the world by
  round log consumption concerned. Russia exports
  38.9 of round log total volume to China and
  16.7 to Japan. For the last three years Russian
  round log exports increased at the average annual
  rate of 15-17 and in 2005 reached 19.1MM Cubic
  meters (673 mln.cub.feet) while Russia exported
  8.2MM Cubic meters (289 mln cub feet) to Japan.
• Victoria is currently negotiating long-term
  contracts with potential customers in Japan,
  Korea, Kazakhstan and the Ukraine.

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Priority growth areas in 2007-2008

• 2. Import of Construction Materials from China
• Capitalize on the demand for the Chinese made
  construction materials in Russia.
• Save on transportation costs by providing the
  back-load to transportation companies that carry
  our timber to China.
• The Russian construction industry grows at the
  rate of 11-15 annually. The key building
  materials and semis imported into Russia from
  China include building panels, fittings, steel
  semis.
• We plan to initially concentrate on high quality
  sheet glass the import of which has been growing
  by 17-23 annually. 40 of the Russian sheet
  glass consumption is imported from China. As
  predicted in the year 2006-2010 the annual growth
  will reach 30. Over the last 6 years the glass
  sheet consumption quadrupled.
• Our existing Chinese customers are also
  distributors of sheet glass and sourcing it from
  them will allow us to achieve working capital
  savings.
• We are currently in negotiations with suppliers
  in China and potential customers in Russia.
  

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Priority growth areas in 2007-2008

• 3. Establishing Manufacturing Base
• We currently operate in an asset light mode i.e.
  do not presently own manufacturing facilities and
  do not have long-term leases.
• At present, it is more efficient to buy the
  round logs directly from suppliers as our product
  mix change on a monthly basis.
• If and when we decide to produce timber products
  we may need to a) lease timberlands to ensure
  long-term steady supply of the product and b)
  establish a manufacturing base.
• We are currently negotiating with potential
  European buyers of larch glued board and glued
  bars.
• If we elect to pursue this project we will need
  to purchase a small lumber mill and a drying
  chamber.

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Contact Information
CEO CFO Albert Abdoulline Victoria Resources,
Inc. 551 Fifth Avenue, Suite 2020, New York, NY
10017 Phone [phone] Fax [phone]