19.02.2008 /Auto loans MBRD Closes Its First Car Loan Securitisation Deal - MBRD has securitised part of its car loan portfolio. This deal will provide the Bank with the funding in the amount of 1.499 bln RUB.

19.02.2008 /Credit cards BSGV offers a new service to its cardholders - Having anticipated all force major situations in which a cardholder could turn out, BSGV guarantees to its clients a unique opportunity to get insurance compensation in case of theft of cash withdrawn from ATM, including the case when a client is made to cash money under the threat of violence.

19.02.2008 /Investing MBRD's Emission - According to the meeting results, bonds will be placed with public offer for subscription in two tranches. Total amount of securities is 6,000,000 shares with a par value of 1,000 RUB each.

19.02.2008 /Operations Vnesheconombank and European Bank for Reconstruction and Development Sign Memorandum on Cooperation - Under the Memorandum the two sides are determined to jointly finance projects in transport infrastructure, power engineering, communal services and environment protection as well as projects that would contribute to the Russian economy's diversification and its innovative development.

19.02.2008 /Operations Vnesheconombank and United Industrial Corporation Sign Memorandum - Under the Memorandum two projects are to be carried out: Construction of a rail branch line Kyzyl – Kuragino as well as a phased development of the Elegest coking coal deposit and Construction of a modern shipbuilding facility for manufacturing high-technology types of sea civil and military ships on the basis of Severnaya Verf's production facilities.

19.02.2008 /Operations Vnesheconombank, MAN Ferrostaal AG and Russia’s Union of Timber Industrialists and Timber Exporters Sign Agreement - The three sides are determined to establish a joint investment-engineering company – RUSLES – Engineering for designing and turnkey construction of new modern timber processing facilities with the use of advanced technologies in pulp-and paper and timber processing industries.

19.02.2008 /Operations Vnesheconombank, Krasnoyarsk Territory Administration Council and CJSC CHEK-SU.VK Enter into Agreement - The Agreement formulates fundamental principles of the three sides' cooperation in carrying out a mining and smelting complex construction project aimed at developing the Usinsk deposit of manganese ores and constructing a smelter in the city of Krasnoyarsk

19.02.2008 /Operations Citi Russia to Support the Transportation Sector of Saint Petersburg - ZAO Citibank appointed Transaction Advisor on Pulkovo Airport expansion project from the Government of Saint Petersburg. The Committee for Transport and Transit Policy, Member of the Saint Petersburg Government acted as arranger of a public tender for the state agreement of Saint Petersburg for advisory services of the Pulkovo airport expansion project.

19.02.2008 /Financial Statements The results of the financial and economic activity of AK BARS Bank for 2007 - Bank's assets amounted 156,1 bln roubles, equity capital – 27,2 bln roubles. The total amount of the loans granted to individuals came to 19,5 bln roubles as of 1st January 2008 (annual growth amounted to 98,4%).

19.02.2008 /Bank's Ratings Fitch Upgrades Russia's Rosbank to 'A-' - Fitch Ratings upgraded the ratings of Rosbank to Long-term foreign currency and local currency Issuer Default (IDR) 'A-' (A minus) from 'BB-' (BB minus), Short-term IDR 'F2' from 'B', Support '1' from '4' and National Long-term 'AAA(rus)' from 'A+(rus)'.