23.06.2007 /Investing Credit Bank of Moscow issues RUR 2 bln 3 year domestic bonds. - CBM successfully placed its third and largest domestic bond issue in amount of RUR 2 bln (c. US$77 mln) with 3 year tenor paying 9.5% the first year. The deal was rated A1.ru (positive) by Moody's Interfax Rating Agency and went 28% oversubscribed.

23.06.2007 /Events Banque Societe Generale Vostok has supported the staging of the opera "Pelleas and Melisande". - This is the second time the staging has been realized in Russia. The opera by Claude Debussy was on the scene only in the beginning of the XXth century and since then it has never been staged again.

23.06.2007 /Events Center-invest Bank introduced the South of Russia at the annual investors' forum in Moscow - On June 18-20, the 11-th annual conference of investors of Renaissance Capital took place in Moscow. Conference participants showed great interest in the development strategy of the South of Russia – "South of Russia+" which is realized by Center-invest Bank as well as in a recently established Endowment Fund to support talented students, post-graduates and teachers of higher educational establishments of the South of Russia.

23.06.2007 /Operations Information Letter to Correspondent Banks and Customers Concerning Changes in the Bank Details - This is to inform you that based on article 20 of federal Law dated 17.05.07 N82-FZ "On the Development Bank" the Bank for Foreign Economic Affairs of the USSR (Vnesheconombank of the USSR) has been reorganized by way of transforming it into the state corporation "The Bank for Development and Foreign Economic Affairs (Vnesheconombank)".

23.06.2007 /Who's who Russian Government Appoints Members of Vnesheconombank Supervisory Council - The Russian Government appointed members of Supervisory Council of the state corporation "The Bank for Development and Foreign Economic Affairs (Vnesheconombank)" to be headed by Russian Prime Minister Mikhail Fradkov.