25.05.2007 /Events Bank Vozrozhdenie executives to give conference call for investors - Executives of Bank Vozrozhdenie will give a conference call and webcast in English on the bank's 1Q 2007 results at 4.00 p.m. Moscow time (01.00 p.m. in London and 08.00 a.m. in New York) on Thursday, 24 May 2007.

25.05.2007 /Events Russian President Vladimir Putin Signs Federal Law "On Development Bank" - Russian President Vladimir Putin signed the Federal Law "On Development Bank" passed by the State Duma on April 20 and approved by the Federation Council on May 4, this year.

25.05.2007 /Operations VTB expands cooperation - VTB Bank signed a Memorandum of Cooperation with Raiffeisen Zentralbank. The agreement provides for further cooperation in the sphere of debt and trade finance, as well as in joint efforts to raise funds for financial institutions and corporate customers of Russia, other CIS countries and Europe.

25.05.2007 /Operations On Signing Framework Loan Agreement with BANK AUSTRIA CREDITANSTALT AG - The Agreement provides for carrying out mid and long-term projects of Russian technical engineering products importers.

25.05.2007 /Operations On Signing Agreement with BANK AUSTRIA CREDITANSTALT AG - The Agreement provides for promoting cooperation between Vnesheconombank and Bank Austria AG in selecting, assessing and preparing projects, which will help create favorable conditions for working out, implementing and spreading ecologically safe technologies.

25.05.2007 /Operations RZB Group "Mandated Lead Arranger" for syndicated loan to Russia's leading vehicle manufacturer Avtovaz. - Avtovaz chose Raiffeisen Zentralbank Osterreich AG (RZB) and ZAO Raiffeisenbank Austria in Moscow as Mandated Lead Arrangers for a Syndicated Term Loan Credit Facility. The Russian vehicle manufacturer plans to finance USD 500 million in total, USD 250 million out of this already within the first half of 2007.

25.05.2007 /Financial Statements Vozrozhdenie Bank reports 3 months Net Income of 275 million rubles, under International Financial Reporting Standards - Profit after tax was 275 million rubles or $10.6 million, up 66% from the same quarter of last year. Return on Equity (ROE) was 19.5%, just short of our long term goal of 20-25%, but above the average for last year at 19.1%.

25.05.2007 /Bank's Ratings Uniastrum Bank continues its branch network development - RosBusinessConsulting ratings place Uniastrum Bank among the top 10 Russian banks in terms of regional development dynamics.

25.05.2007 /Bank's Ratings Promsvyazbank was named "The most active Issuing bank under Trade Facilitation Program in financing Russian imports in 2006". - The award was granted at the EBRD’s annual meeting and business forum held on 19 May in Kazan (the Republic of Tatarstan).