05.03.2009 /Investing LOCKO Bank announced tender offer for repurchase of its Eurobonds - LPN due in July 2009 and up to $20mln. of its $100mln LPN due in March 2010. Current Eurobonds repurchase offer is aimed at optimizing the volume and structure of LOCKO Bank's external indebtedness, thus providing further comfort to its investors.

05.03.2009 /Operations On Signing Memorandum on Understanding Between Vnesheconombank and Spain's State Insurance Agency CESCE - The Memorandum was signed to build on the agreements made earlier between CESCE and Vnesheconombank and aims to strengthen and promote mutually beneficial trade and economic cooperation between Russia and Spain.

05.03.2009 /Operations On Approving the Procedure for Providing Financial Support by Vnesheconombank to Small and Medium- Sized Business - Vnesheconombank's Supervisory Board Approved the Procedure for Providing Financial Support by State Corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)" to Small and Medium-Sized Business.

05.03.2009 /Bank's Ratings RF Central Bank once again confirms high reliability of Absolut Bank - Absolut Bank was one of the 20 banks invited by Bank of Russia to sign agreements on partial compensation of losses incurred on the interbank credit market. That privilege has already been granted to 13 banks, which have been active on the interbank credit market.