15.06.2007 /Investing The third issue of NPO Saturn bonds worth RUR 3.5 billion is fully placed - There were 107 bids submitted by the investors, with the total volume reaching RUR 4.34 billion. The proposed first coupon rate ranged from 7.40% to 9.50% p.a., and most of the bids were within 8.60% to 8.80% p.a.

15.06.2007 /Events VTB Chairman and CEO visits Armenia - Within the framework of his visit to Armenia, Andrei Kostin, Chairman and CEO of VTB met Serge Sarkisyan, Prime Minister of Armenia. During the meeting the parties discussed specific lines of cooperation between VTB and the Republic of Armenia in the sphere of investments.

15.06.2007 /Operations Absolut Bank launched new office in Ekaterinburg - Absolut Bank extended its presence in Ekaterinburg by launching new office that provides citizens with full range of financial services.

15.06.2007 /Operations VTB and Bank for Investment and Development of Vietnam sign a Memorandum of Understanding - The Agreement is designed to enhance partnership between VTB and Bank for Investment and Development of Vietnam in order to facilitate banking services underpinning foreign trade turnover between the Russian Federation and the Socialist Republic of Vietnam.

15.06.2007 /Bank's Ratings SUSTAINABLE BANK IN TRANSITION ECONOMY - Commercial Bank Center-invest was shortlisted in the worldwide contest "Sustainable Banking Awards" organized by The Financial Times and International Finance Corporation (IFC).

15.06.2007 /Who's who Herbert Stepic European Manager of the Year 2007. - The European Business Press (EBP) presented the "European Manager of the Year 2007 Award" to Herbert Stepic, CEO of Raiffeisen International at its General Assembly in Sopot, Poland.