01.08.2008 /Home mortgage New Better Terms of MBRD’s Mortgage Programme “For Any Purposes” - According to new terms of the programme the Bank provides loans secured by the pledge of flat or apartment and by the pledge of land and houses owned by the pledger.

01.08.2008 /Personal loans June 18, 2008 – SB Bank bonds (series 02) maturity date - The second issue of SB Bank's bonds in the amount of 1 bn RUR has been placed on June 15, 2007. The rate of the first and second coupon was determined at 9.5% per annum, the rate for the third and fourth coupon period was determined at 12% per annum.

01.08.2008 /Credit cards SB Bank and VISA International launched promotion campaign for Visa/Visa Electron card holders "Olympic movement Visa. Your way to Beijing". - Up to May 31, 2008 paying for goods and services by Visa card, whereby the sum paid is to be 500 RUR and higher, the Visa card holders are involved in participation of a drawing of prizes, including 100 sportsbags, and what's more exciting, the participants has a unique opportunity to win a tour on the Summer Olympic Games in Beijing for two persons.

01.08.2008 /Credit cards Card accounts of private clients are now yield-bearing. - Starting from June 1, 2008 the rates for RUR account and for USD or Euro account will be 2.5% up to 4.5% and 1.5% up to 3.5% respectively, depending on the amount of sum maintained at the card account, the balance being over 30'000 RUR.

01.08.2008 /Credit cards MBRD Implements acquiring Service Project - Moscow Bank for Reconstruction and Development has signed AMEX card acquiring service agreement with Russian Standard Bank. According to the agreement MBRD will provide existing and potential clients, trade and commercial companies with comprehensive acquiring service of VISA, MasterCard and American Express cards.

01.08.2008 /Deposits New products are now available for corporate clients at SB Bank. - Deposit with a pre-term withdrawal option, withdrawn are the principal amount with the accrued interest calculated upon the actual deposit duration. The deposit is open for funds placement in RUR, USD and EUR for the period of 1 month up to 3 years. Minimal deposit amount is 1m RUR, 30'000 USD or EU.

01.08.2008 /Deposits SB Bank introduces new block offerings for depositors. - SB Bank clients are offered three variants of packages, depending on the amount and the period of deposit, the packages are "Major", "Classic", and "Elite". "Major" Package enables to get a 15% discount for safe deposit box rent in any office of the Bank; "Classic" Package, aside from 20% discount on a safe deposit box rent, provides for a free bank card VISA Classic or MasterCard Standard.

01.08.2008 /Investing The Bank of Moscow to launch offering of Rub 10 bln of 01 series bonds on August 1, 2008 - Maturity of the bonds is 1092 days effective the placement date. The first coupon rate for these instruments is to be set via an auction. The bond yield is to be about 9.0-9.5% p.a.

01.08.2008 /Investing SB Bank made coupon yield on its bonds of series 01, the yield amounts to 73.68m RUR. - The amount of 49.12 RUR was paid out on one bond with a nominal value of 1000, the coupon rate being 9.85% per annum. The starting date for bonds placement is July 6, 2006, the loan amount is 1.5bn RUR.

01.08.2008 /Investing SB Bank made coupon yield on its bonds of series 02 in the amount of 47.37m RUR. - The starting date for bonds placement is June 15, 2007, the loan amount is 1bn RUR. The bonds circulation period is 3 years. The coupon period is 182 days.

01.08.2008 /Investing TransCreditBank Co-arranges a Bond Issue of Promtractor Group - The issue consists of 5 mln bonds of RUR1,000 face value each. The issue matures in 5 years. The terms and conditions of the offering provide for a put offer exercisable after 1 year at par. The bond carries a semiannual coupon.

01.08.2008 /Events MBRD Holds Business Tour for Realtors’ Professional Community - The business tour was held in the context of “MBRD’s Mortgage Pipeline. Experience in working with realtors and brokers in mortgage lending process” discussion. The event hosted 27 representatives of the leading companies in real estate market from 14 regions of the country.

01.08.2008 /Operations SB Bank equity capital increased by 1.2bn RUR - SB Bank has increased its equity capital up to 4.4bn RUR by way of subordinate notes placement in the international market. On December 28, 2007 the Bank of Russia gave an official confirmation, stating that the terms of the second tranche in the amount of 50 mln USD placed within LPN program meet the requirements of the subordinate loans included in capital calculation.

01.08.2008 /Operations New SB Bank office opened in the centre of Moscow, Smolenskyi blvd, 7. - SB Bank further expands its office network. The opening of a new office took place on March 3, 2008. The newly opened office now provides banking services at the address: Smolenskyi blvd, 7.

01.08.2008 /Operations New SB Bank office opened in the Moscow region. - A new office of SB Bank was opened in the city of Elektrostal on April 3, 2008. The newly opened office provides a wide range of banking services for corporate and private clients.

01.08.2008 /Operations SB Bank opened a correspondent US dollar-denominated account in CITIBANK N.A. - The opening of another USD account in CITIBANK N.A. expands the range of services offered by SB Bank to its clients. The correspondence relations, generally, with such a large world financial institution as CITIBANK is the evidence of the trust SB Bank enjoys, its sound standing, clear strategy and transparency level.

01.08.2008 /Operations New SB Bank office and SME Service Centre opened in Moscow - The newly opened office now provides banking services at the address: Leninskyi avenue, 95.

01.08.2008 /Operations New SB Bank office opened in Moscow - The address: "Kutuzovskiy avenue, 26". The newly opened office provides a wide range of banking services for corporate clients and individuals.

01.08.2008 /Operations MBRD Attracts 40 mln EURO Syndicated Loan - Credit Europe Bank N.V. and Reiffeisen ZAO acted as Arrangers for this transaction, 10 banks in general participated in syndication. The borrowed funds will be used for business expansion, including financing of trade transactions.

01.08.2008 /Operations B.I.N.BANK has issued L/C to the amount of EUR 371,220.78 - B.I.N.BANK has issued L/C by order of one of the major clients of the Bank's branch in Yekaterinburg to the amount of EUR 371,220.78 with 6-month post-financing period.

01.08.2008 /Operations B.I.N.BANK has issued L/C of its branch in Yekaterinburg amounting to USD 308,910.80 - B.I.N.BANK has issued L/C by order of the customer of its branch in Yekaterinburg amounting to USD 308,910.80 with post-financing period of 90 days.

01.08.2008 /Operations B.I.N.BANK has issued the ńîunter-guarantee to the amount of GBP 2,367,119.12 - B.I.N.BANK has issued by order of the customer of Yekaterinburg branch the ńîunter-guarantee to the amount of GBP 2,367,119.

01.08.2008 /Operations B.I.N.BANK has issued payment counter-guarantee to the amount of EUR 193, 889.00 - By order of the customer of Yekaterinburg branch B.I.N.BANK has issued payment counter-guarantee to the amount of EUR 193, 889.00 for 6-months validity.

01.08.2008 /Financial Statements SB Bank gives its Performance summary for the year 2007 - The earnings before tax amount to 619m RUR. The Bank assets have grown 17.3%, amounting to 33'680m RUR. Loan portfolio for the year 2007 has increased 64.9% and as of 01.01.2008 reached the point of 18'353m RUR.

01.08.2008 /Financial Statements MBRD’s Payment Card Loan Portfolio Exceeds 2 bln RUB - The total growth since January 1, 2008, has reached 43%. Since January 1, 2007 until June 15, 2008 the growth rate amounted to 172%. In the current card portfolio of the Bank Moscow accounts for 42% while the branches account for 58%.