08.12.2008 /Investing Rosbank decided to issue 28,105 mln. stocks - The Board of Directors of Rosbank decided to issue 28,105 mln. stocks with par value RUR 10 each. The price of the shares that are to be placed was determined at the amount of RUR 150.00. The shares will be placed by an open subscription. As a result of issue Rosbank should attract RUR 4,22 bln.

08.12.2008 /Operations 700th office of Rosbank network was opened - The 700th outlet is situated in Krasnoyarsk and provides full range of banking services. As of November 1, 2008 Rosbank's regional network included 700 offices (of which 60 branches), covering the majority of Russia's regions.

08.12.2008 /Operations Rosbank issued a loan to “Seventh continent” - Rosbank issued a loan to "Seventh continent" retail company in the amount of $150 mln. with interest rate 15% and maturity date - February, 1, 2010.

08.12.2008 /Operations 50th office of Rosbank’s Moscow branch was opened - The fiftieth outlet of Rosbank in Moscow provides full range of banking services for individuals and companies. The new office is situated in the building of Finance Academy, good and reliable partner of Rosbank.

08.12.2008 /Operations Rosbank opens its first School branch - Ulan Ilishkin, HR Director of Rosbank, noted that school branches bring Rosbank training policy in line with Group practice and allow to develop practical skills of front-office staff and strengthen team spirit of employees, and eventually to improve quality of services provided to customers.

08.12.2008 /Financial Statements TransCreditBank Group Produced its IFRS Statements for 9 Months of 2008 - The Group's consolidated assets were up to RUR189 bn (US$7.5 bn) vs.RUR142 bn as of January 1, 2008, or 1.3 times; generated RUR1.6 bn of net profits (US$61.6 mln) virtually on a par with the profits figure of QI-III 2007 (RUR1.7 bn) and shareholders' equity amounted to RUR14.4 bn (US$568 mln).