16.05.2008 /Investing On Redeeming V-th Tranche OVGVZs and Making Coupon Payments on V-th and VII-th Tranche OVGVZs - Vnesheconombank acting as the paying agent for the Russian Federation Finance Ministry redeemed V-th tranche OVGVZs submitted by their holders for redeeming as of May 14, 2008 including those in custody accounts with Vnesheconombank. The amount of payments to redeem V-th tranche OVGVZs was 2.47 billion US dollars.

16.05.2008 /Events Citibank Volunteers Congratulated Veterans and Old People with Victory Day - As Moscow was getting ready to celebrate Russia's Victory Day Citibank Volunteers paid a visit to its patronage centre for old people "Old Friends' Home" established by the Hope Worldwide foundation. It was an emotional visit for Citibank employees who congratulated lonely pensioners and war veterans with the forthcoming Victory Day.

16.05.2008 /Operations MBRD Opens Siberian Regional Direction in Tomsk - The main goal of the Siberian Regional Direction which unites MBRD’s branches in Tomsk, Omsk, Novosibirsk, Kemerovo, Altay, and Krasnoyarsk regions is to enhance the business development and support the Bank’s regional expansion and presence in Siberia.

16.05.2008 /Bank's Ratings MBRD is Laureate of ‘Financial Olymp’ National Awards - Tsereteli Art Gallery hosted annual 'Financial Olymp' Awards Ceremony, which celebrates companies' achievements in the Russian financial market. The event was organized by Rosbusinessconsulting company.

16.05.2008 /Bank's Ratings MBRD is one of Moscow Government’s Authorised Banks - MBRD took part in the meeting dedicated to the 15th Anniversary of Moscow Government’s Authorised Banks’ System, which hosted representatives of Moscow Government, Russian Banks Association, CB RF, the Regional Branch for the City of Moscow of the Bank of Russia and management of Moscow Government's Authorised Banks.

16.05.2008 /Financial Statements VTB Bank announces its performance results - For the last two years, outstanding loans increased more than 2.3 times to RUR 108 billion, customer deposits accounted for 230.8% to RUR 93 billion. And VTB Bank succeeded in achieving transaction growth ahead of the average market rates.