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29.05.2007 /Investing State Registration of the Placement Report - The Central Bank of Russia registered the placement report with regard to the newly issued ordinary Shares of JSC VTB Bank. A total of RUR 57,684,788,950.35 and USD 5,749,250,755.20 were raised in the Global Offering.

29.05.2007 /Operations Renaissance Capital USD 130,000,000 Syndicated Term Loan Facility - On behalf of Renaissance Capital, Natixis and Alfa-Bank the Initial Mandated Lead Arrangers and Bookrunners, are pleased to announce the successful closing of the USD 130 million syndicated loan facility.

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