12.03.2007 /Operations Absolut Bank issues new tranche under its US$ 200 million STN - Absolut Bank announces 8th tranche successfully issued under its US$ 200 million Short Term Notes program for US$ 10 million. Semi-annual coupon rate comprised 7.75% with the tenor of the notes of 1,5 year.

12.03.2007 /Financial Statements Absolut Bank increased its shareholder's equity by USD 60 mio - The increase was due to the issuance of 24 mio shares with the face value of RUR 10 and the market price of USD 2,5.

12.03.2007 /Financial Statements USDA approved TransCapitalBank for financial year 2007 with the limit amounting to USD 10 mln. - The United States Department of Agriculture approved the GSM-102 Program limit for TransCapitalBankfor fiscal year 2007. The limit amounts to USD 10 million.