27.07.2007 /Operations KBC receives final approval to acquire Russian Absolut Bank - KBC received regulatory approval from the Central Bank of Russia to acquire Absolut Bank. KBC had already received the approval of the Anti-Trust Commission and now holds 95% of the shares of Absolut Bank, while IFC (the International Finance Corporation), the private sector arm of the World Bank Group, holds the remaining 5%.

27.07.2007 /Operations MDM Bank and IFC Promote Energy Efficiency Investments in Russia - IFC signed an advisory services agreement with MDM Bank to establish a new product that supports development of energy efficiency finance. This will include a $20 million credit line to help boost the bank’s energy efficiency lending practices. The credit line is part of a recent $100 million loan that IFC provided to the bank in June 2007.

27.07.2007 /Operations "UkrSibbank" to finance the project of hull construction by OJSC "Shipyard “Zaliv" - Total project amount made up EUR 10.8 mln. The purpose of the project is to construct the hull of vessel of DWT 8200 displacement for oil and gas platforms maintenance equipped with the hoisting crane, and platforms for transportation of bulky cargos.