30.04.2008 /Events Snow leopard as an artistic form - The announcement of results and award ceremony of the open competition of artworks on the best embodiment of a snow leopard image took place in AK BARS Gallery. Nineteen artists attended the ceremony, 37 exclusive works which were not exhibited earlier were presented during the event.

30.04.2008 /Operations The new branch of AK BARS Bank was opened in Krasnodar - The new branch became effective on the date of it’s state registration and has identification number-2590/40.

30.04.2008 /Operations AK BARS Bank opened a new branch in Tomsk - As of 25.04.2008 the Bank has 40 branches – 20 in the Republic of Tatarstan and 20 in the Russian Federation.

30.04.2008 /Operations VTB's US$ 1,000,000,000 Dual Tranche Syndicated Term Loan Facility - The facility, which is for general funding purposes, comprises 3-year and 18-month elements. The 3-year tranche carries a margin of 65 bps over LIBOR and the 18 month piece a margin of 60 bps over LIBOR.

30.04.2008 /Financial Statements Alfa-Bank announces financial results for 2007 - Alfa-Banking Group recorded strong growth of its total assets to US$ 22.7 billion, up 49.3% from US$ 15.2 billion at the end of 2006. Net profit after tax grew by 33.2% to US$ 253.5 million, up from US$ 190.3 at December 31, 2006.

30.04.2008 /Bank's Ratings Fitch Upgrades Russia’s Ak Bars to ‘BB’; Outlook Stable - Long-term Issuer Default rating (LT IDR) to 'BB' from 'BB-' (BB minus) and National Long-term rating to 'AA-(AA minus)(rus)' from 'A+(rus)'. The Outlooks on the LT IDR and National Long-term rating remain Stable.

30.04.2008 /Bank's Ratings VTB receives the Moscow Mayor award - VTB Bank received the Moscow Mayor award for active participation in implementing municipal social programs. As an authorized bank of the Moscow Government, VTB lays special emphasis on servicing Moscow enterprises and citizens.

30.04.2008 /Bank's Ratings VTB and Standard & Poor’s hold joint conference - The main topic of the Conference was credit ratings assigned by Standard & Poor's and their significance for issuers and investors. In particular, matters such as corporate solvency factors, credit ratings of Russian companies and sovereign risks of the Russian Federation, corporate governance quality assessment and its implications on the company value, review of outlook and risks of the banking sector were covered.