24.04.2008 /Investing OJSC CB SOTSGORBANK raised 500 million in rubles (approximately $21,300,000) on the Russian Exchange MICEX. - "Despite the difficult situation in the financial markets over the last six months, investors continue to support the growth and strategic plans of SOTSGORBANK" - said Andrei Stratulat, Treasury Director. Proceeds of the issue will be invested in the Bank's regional expansion and support its lending programs to small and medium size enterprises in Russia.

24.04.2008 /Events “UkrSibbank” to invite to enjoy the classical music concert - Alliance Franñaise and “UkrSibbank” invite to attend the Double Concert of F. Mendelson for violin and piano with orchestra that will take place on April 23 at 19.00 at the National Philharmonic Hall of Ukraine (2 Volodymyrsky Uzviz Str.)

24.04.2008 /Events "Clean Forest" - the Joint Citi Russia and WWF Environmental Campaign - WWF and Citi Russia continued their "Clean Forest" program this past Saturday by clearing garbage from Moscow's Izmailovsky Park. In spite of cold temperatures, more than 150 WWF supporters and Citi employees filled over 150 garbage bags over several hours.

24.04.2008 /Events Alfa Bank’s A-Club branch in Barvikha, Moscow, will host an exclusive exhibition of paintings from Sotheby’s - The exhibition will be made up of paintings from the Contemporary Art Auction that is to be held in New York on 14-15 May. There will be more than 30 unique works of contemporary art on display, including works by Andy Warhol, Jeff Koons, Damien Hirst, Richard Prince, Takashi Murakami, Eric Bulatov and others.

24.04.2008 /Operations Bank of Moscow to extend a 400 million Rouble loan to an ITERA Group member Uralsevergaz - The duration of the agreement is 18 months. ZAO Uralsevergaz totally meets the needs of Sverdlovsk Area in natural gas with its annual requirement of 18.9 billion cubic metres of gas as reported last year.

24.04.2008 /Operations The NPF Gasfond and the Management Company of Bank of Moscow have become partners on the pension saving management market - The NPF Gasfond is the biggest non-government pension fund on the non-government pension and mandatory pension insurance market. According to its key indicators, the fund holds a leading position in the field. As of the beginning of 2008, its pension reserves amounted to 262.66 billion Roubles.

24.04.2008 /Bank's Ratings The National Rating Agency has confirmed the top rating of the quality of managing pension savings by the Management Company Pension Reserves - The number of people's applications requiring to transfer the saved part of the pension is one the rating parameters making Pension Reserve Management Company an absolute leader among private management companies. As a result, the pension savings managed by Pension Reserve MC grew by 173 million Roubles during the 1 st quarter of 2008 and achieved 1,646.1 million Roubles.

24.04.2008 /Who's who VTB Board Member Olga Dergunova joins the Board of Systematica Group as outside director - Her terms of reference will comprise involvement in processes such as working out the corporate strategy, evaluating compliance by executive bodies with the elected strategy, and adopting the best corporate governance models.