01.04.2008 /Investing TransCreditBank Underwrites the Debut Bond Issue of JSC RBK - The issue was placed in MICEX trading system on March 25, 2008. The issue size is RUR 1.5bn. The issue matures in 1 year. Par value is RUR 1,000/bond.

01.04.2008 /Operations Absolut Bank increased its capital by EUR 267 mln. - The capital was increased, as it was planned earlier, by means of 50 mln. issue of ordinary shares, listed at the price of EUR 5, 34 each. The shares were distributed among the current shareholders by means of closed subscription in correspondence with the existing shareholding structure.

01.04.2008 /Operations The Bank of Russia Registered TransCreditBank's Branch in Vladivostok - The branch will focus on provision of comprehensive services to entities of Vladivostok Division of the Far Eastern Railroad, other transport enterprises operating in the region, as well as their partners from the mechanical engineering, power industry and other sectors.

01.04.2008 /Bank's Ratings Evrofinance Mosnarbank press service joined the Top-30 of ‘Komsomolskaya Pravda’ - A popular Russian daily "Komsomolskaya Pravda" ranked the PR department of Evrofinance Mosnarbank among the Top-30 Corporate PR-Services in Russia which were rated in accordance with efficiency of their relations with mass-media, accessibility and integrity of information as well as personnel level.

01.04.2008 /Operations Vnesheconombank and OJSC Voda Rostova Sign Credit Agreement - Under the Agreement funds to be made available within the credit line will be used to finance a project "Comprehensive Program of Building and Reconstruction of Water Supply and Water Drainage Facilities" in the city of Rostov-on-Don within a public private partnership scheme with the participation of the Rostov region Administration and the Rostov-on-Don Administration.

01.04.2008 /Who's who Address of Marat Kh. Khairetdinov at the Neoflex IT-Conference - Marat Kh. Khairetdinov. Vice President - IT Department Director Evrofinance Mosnarbank, Moscow- "In my opinion, a switch-over by a bank to a service-oriented architecture (SOA) shall not be an end in itself however compelling it may be. Such a switch-over shall be economically viable".