14.11.2008 /Investing VTB is to finance X5 Retail Group - VTB Bank has made a decision to set a RUB 7 billion credit limit for an eighteen month period for X5 Retail Group. The Company plans to channel the funds into replenishing its working capital.

14.11.2008 /Operations CCO N1 Nab. Chelny has moved on Moskovskiy pr., 159(30/18). - CCO N1 Nab. Chelny will make service for retail, corporate and SME customers.

14.11.2008 /Operations VTB participates in developing measures to support the real economy - Leaders of the Russian banking sector together with OJSC Russian Railways have developed a package of proposals to support sustainable financing of the Russian real economy and to promote infrastructure projects which are aimed at safeguarding domestic enterprises’ stable growth.

14.11.2008 /Technology B.I.N.BANK has launched the automated system for support of overdue debt collecting - This system enables the Bank to improve the quality of overdue debt collecting that will result in enhancement of the Bank’s retail loan portfolio. In the framework of the project some new strategies for debt collecting were elaborated. The appropriate software was installed at the employees’ workplaces alongside with the necessary training programs.

14.11.2008 /Operations VTB and Japanese Group SMBCE sign a Cooperation Agreement - The Agreement is aimed at further strengthening partnership relations between VTB Group and Japanese Group SMBC and enhancing interaction along the whole range of banking services, including settlement in Russian Rubles, financing international trade operations, investment project support, treasury operations and operations in international capital markets.