25.09.2007 /Investing VTB completes the sale of the controlling interest in ZAO Novosibirskvneshtorgbank - VTB Bank completed the sale of its controlling interest in ZAO Novosibirskvneshtorgbank (23,802 ordinary shares (99.56%) and 11,849 preferred shares (54.15%)) to entities controlled by East-European Finance Corporation (EEFC).

01.10.2007 /Investing On Payments to Repay Russian Foreign Debt - Vnesheconombank in accordance with terms of issuing eurobonds on the instructions of the Russian Finance Ministry transferred funds in the total amount of 1 billion 307 million 69 thousand and 634.18 US dollars to The Bank of New York to make a regular payment on eurobonds to repay government foreign debt of the Russian Federation.

02.10.2007 /Investing KBC and Absolut Bank to detail expansion strategy in Russia - The business plan of Absolut Bank for the next three years continues to focus on the development of the banking business in the retail and SME segments, as well as in the mid-sized corporates segment. Absolut Bank expect that the proportion of retail business in the total business mix will increase from about 30% currently to around 45% by 2010.

09.10.2007 /Investing UkrSibbank calls for competitive bids for B series bonds purchase of Industrial and Technical Company LLC "Agromat" - Single yield level of B series bonds placement of ITC LLC "Agromat" will be determined by the Issuer on the basis of the accepted bids from the investors. Primary offering yield shall be single for all investors for the entire period of floating.

10.10.2007 /Investing LLC "Kernel-Trade" pays out interest income for  series bonds - "Kernel-Trade" has paid out interest yield for the 8th coupon period on its B series bond in full and within due term. Interest payments for the 8th coupon period amounted to UAH 997 250.00 or UAH 39.89 per bond.

10.10.2007 /Investing LLC "City.com" pays out interest income for À series bonds - "City.com" has paid out interest yield for the 5th coupon period on its A series bond in full and within due term. Interest payments for the 5th coupon period amounted to UAH 1 963 500.00 or UAH 39.27 per bond.

11.10.2007 /Investing Lanch of Trading In Transfin-M Bonds - Trading in TransFin-M (LLC) series 02 bonds commenced at MICEX, TransCreditBank acting as the arranger of the issue. As it was earlier announced, the issue size was RUR1.5 bn. The maturity of the bond is 5 years, par value is RUR1,000/bond. The bond carries 10 semiannual coupons.

12.10.2007 /Investing Credit Bank of Moscow's domestic bonds in the Bank of Russia's Lombard List - Central Bank of Russia included two outstanding issues of Credit Bank of Moscow's rouble denominated domestic bonds in its Lombard List of securities acceptable as collateral for repo dealings with Bank of Russia at MICEX.

16.10.2007 /Investing ANALYST & INVESTOR CONFERENCE CALL - On Monday 15 October 2007 the management of JSC Kazkommertsbank ("KKB") will be hosting a conference call for analysts and investors.

16.10.2007 /Investing Kazkommertsbank's Investor presentation - Bank discuss preliminary unaudited unconsolidated results of operations as of and for the nine month period ended 30 September 2007 (the "preliminary unaudited unconsolidated results of operations"), which results of operations are contained herein.

17.10.2007 /Investing Primary placement yield of B series bonds of ITC LLC "Agromat" hits 13.0% - Placement yield was fixed by the Issuer on the basis of investors' bids, volume of which overtopped the volume of B series bond issue by 2.7 times, that allowed to reduce it by 2% against nominal yield (15%). Minimum yield of bond purchase among the submitted competitive bids made up 12.49%.

23.10.2007 /Investing Competitive bids for purchase of A series bonds of LLC "STS – modern trade networks" to set off - Primary placement of A series bonds is planned for October 29, 2007, and it will last up to December 28, 2007 or till the moment of the last bond being allocated. Issue sponsor is "UkrSibbank".

25.10.2007 /Investing RZB launches capital increase - Up to 265,035 new shares will be issued at 600 euros per share and an exchange ratio of 21:1. This corresponds to an increase of the nominal capital of up to 19.26 million euros or 4.76 per cent to a maximum of 423.72 million euros. A full subscription would result in a capital increase of 159 million euros.

26.10.2007 /Investing JSC VTB Bank launches its Eurobond issue - The fixed rate tranche of US dollars 1,2 billion is for 5 years tenor with the interest rate of 6.609% per annum. The 2 years floating US dollars 800 million tranche has the interest rate of LIBOR + 170 b.p. per annum.

08.11.2007 /Investing “UkrSibbank” accepts competitive bids for A series bonds purchase of JSC “Ukrinbank” - Primary offering of A series bonds commences on the 12th of November, 2007 and will end on the 11th of November, 2008 or until the moment of the last bond being placed. Issue underwriter is JSCIB "UkrSibbank".

14.11.2007 /Investing AK BARS Bank's bonds are included in the Lombard List of the Central Bank of Russia - That will allow Russian credit institutions to raise lombard loans from the Central Bank of Russia.

15.11.2007 /Investing VTB24 announces offer for VTB North-West shares - The retail banking arm of VTB Group, announced an offer to exchange/acquire shares of OJSC Bank VTB North-West. This transaction is an important step in the integration process of VTB North-West into the VTB Group, which was approved by VTB Supervisory Council on 16 October 2007.

19.11.2007 /Investing Alfa-Bank Media Statement - After reviewing market conditions, for both straight and asset backed bonds, Alfa-Bank has concluded that itwill not access the international capital markets in 2007.

16.11.2007 /Investing Repayment of 1999 OGVZs - Russian Finance Ministry repaid 1999 OGVZs having paid the balance of the principal in the amount of 50% of the bonds' par value and the last half-year coupon at a rate of 3% per annum.

16.11.2007 /Investing Raiffeisen – the only Western Bank in Sochi - Raiffeisen recommends taking advantage of opportunities now RZB offers excellent local contacts International companies in particular can already profit from Raiffeisen’s advantage in the run-up to the Olympic Winter Games.

28.11.2007 /Investing The unit investment trust "Trubnaya square - Russian metallurgy" is know to be among 5 top most profitable unit investment open trusts - From the beginning of the year 2007, the cost of a trust share increased by 40.73 % (as of November 01, 2007) and amounts to RUR 1,498.12. And over the year from 01 st November 2006 to 01 st November 2007, shareholders of the trust "Trubnaya square — Russian metallurgy" profited up to 50.17 %.

30.11.2007 /Investing VTB participates in forming Regional Venture Fund - The total volume of the Fund is RUR 280 million, with VTB share in the project amounting to 15%, that of VTB24 – 35%, and the Support Fund - 50%.

03.12.2007 /Investing VTB and SITQ initiate real estate investment partnership - Under the agreement, the parties will cooperate in the establishment of a real estate joint venture, whose primary focus is investments in commercial real estate projects in Russia and other CIS countries. The size of the joint venture will amount to $200 MM of equity.

05.12.2007 /Investing Unit Investment Trust Kuznetsky Most: a latest interval have started - In the period from December 1 to December 14, 2007, a latest interval of Unit Investment Trust of combined investments headed by Management Company of the Bank of Moscow is declared open. As of November 30, 2007 the cost of the Fund's net assets reached RUR 1,747,847,354.92, the cost of shares is RUR 3679.19.

10.12.2007 /Investing Uniastrum Bank Second Bond Issue listed on MICEX Stock Exchange - Uniastrum Bank Second Bond Issue has been admitted to trade on the leading Russian stock floor – MICEX.