02.07.2008 /Home mortgage Mr. Andrey Shelkovy, Senior Vice-President Takes Part in “Mortgage in Russia - 2008” Conference - Mr. Shelkovy made a keynote address on market situation, MBRD's plans and the Bank's regional prospects in development of mortgage products. More then 80% of the total amount of MBRD mortgages is originated through our regional network accounting for 75 offices throughout 50 Russian cities and towns.

02.07.2008 /Investing Probusinessbank to approve issuance of new shares to East Capital Financials Fund - The ordinary meeting of shareholders at which the decision on the forthcoming issue will be made takes place on July 17th. East Capital Financials Fund currently owns a 10,25 % stake in Probusinessbank.

02.07.2008 /Investing JSC “Rossiyskiy Kredit Bank” is an organizer of the 9th issue of “NOMOS-BANK” Bonds in the amount of RUR 5 bln. - The first coupon rate, determined by the issuer is 9,75% per annum (RUB 48.62 per each bond), the second coupon rate equals to the first coupon rate. The issuer determines rates of the third to tenth coupons. Bond issuance will have an offer at 24 June 2009.

02.07.2008 /Investing FFMS of Russia registered the debut issue of the rubles bonds of LLC “Stoylenskaya Niva-Finance” - The nominal value of the loan is RUB 1bln. with the maturity period of 3 years. The bonds have 6 half-year coupons. The placement of the bonds will take place at the stock exchange of FFMS by public offering.

02.07.2008 /Events MBRD Takes Part in the 6th Annual Russian Retail Banking Forum - MBRD's Chairman of the Management Board, Mr. Sergey Zaytsev made a report on "Remote Banking Services", analysed expertise in remote banking services in Russia and abroad and highlighted the prospects for development of this type of services in Russia and MBRD's plans in this respect.

02.07.2008 /Operations JSC VTB Bank and ZAO “Raiffeisenbank” arranged an extension of RUR 900 mln Syndicated Loan - The loan is now extended for 12 months at the interest rate of 11.5 per cent p.a., and will be used for expansion of the Borrower’s credit portfolio.

02.07.2008 /Operations VTB Bank, BayernLB and Gazprombank arranged an extension and increase of a Syndicated Loan - JSC VTB Bank, BayernLB and Gazprombank arranged an extension and increase of a Syndicated Loan for JSC Belgazprombank up to USD 45,000,000. The loan was extended for further 364 days Tand will be used for financing trade-related transactions of the Borrower’s customers.