21.12.2006 /Investing Alfa-Group raises its stake in Amtel-Vredestein - Alfa-Group announced today that it has filed documents with the Dutch securities regulator, AFM, which confirms it now holds acumulative stake in Amtel-Vredestein N.V.(LSE: AMV) of 26.14%. The shares are held both directly and through Amtel-Vredestein’s listing on the London Stock Exchange.

21.12.2006 /Financial Statements VTB announces its consolidated IFRS financial results based on the interim condensed consolidated financial statements - VTB will host a conference call to review financial results of VTB and its subsidiaries based on the interim condensed consolidated financial statements prepared in accordance with IFRS for nine-month period ended September 30, 2006 on December 21, 2006 at 6:00 p. m. (Moscow time; GMT + 03:00).

21.12.2006 /Bank's Ratings Standard & Poor’s Ratings Services raised Alfa-Bank long-term rating to BB from BB- - According to Standard & Poor’s, a further upgrade might be considered if the bank improves its efficiency, strengthens its capitalization, and further diversifies its loan portfolio and funding.