03.07.2008 /Investing Results of TransCreditBank's Annual Meeting - GSM approved TransCreditBank’s 2007 accounting statements and distribution of profits. Shareholders accepted the Board of Directors' proposal to distribute RUR 331.66 mln as dividend (RUR 282.31 mln was paid as dividend based on 2006 performance).

07.07.2008 /Investing The Annual Shareholders Meeting of MBRD announced the results for 2007 - Dividends distribution for 2007 was approved in the following amount: 1,068.85 RUB for one preferred share and 234.94 RUB for one ordinary share. Total distribution amount was 266,963,450 RUB.

05.07.2008 /Investing The Bank of Moscow advises it shareholders of the possibility of acquiring outstanding securities of the Bank under by pre-emptive right - The additional shares to be placed number 7 358 648. The placement price with respect to the pre-emptive right (for shareholders in the Bank) is 1081 roubles per share.

10.07.2008 /Investing The Bank of Moscow to allocate Rub 232 mln to 2007 dividends - The decision to spend 3% of the Bank's net profit (Rub 232,419,611) on dividends was taken by the 2007 AGM.

12.07.2008 /Investing TransCreditBank successfully distributes a bond issue - Investors made 59 bids for the total of RUR 6.19 bn, with foreign investors accounting for over 40 % of the demand. Most of the bids designated a coupon rate within 9.5-10 % p.a.

14.07.2008 /Investing TransCreditBank as an arranger and the placement agent for the all-time largest 8th bond issue of JSC RZhD - The issue comprises 20 mln bonds of RUR1,000 face value each. The bond matures in 3 years. The issuer set the coupon rate at annual 8.5%, which corresponds to yield-to-maturity of annual 8.68%.

15.07.2008 /Investing Results of VTB Bank Annual General Meeting - The shareholders approved the Bank's 2007 Annual Report, and its annual financial statements, including the profit and loss statement (JSC VTB Bank profit and loss account) for the year 2007. The meeting also approved the profit allocation for the 2007 performance.

15.07.2008 /Investing VTB Bank: Disposal of holding in AK "Alrosa" (ZAO) - VTB Bank has disposed of its entire holding of 21,253 shares (10.63 %) in AK "Alrosa" (ZAO) as part of the agreement with the Federal Property Management Agency (Rosimushchestvo). According to the provisions of the transation, the cash proceeds for the deal amounts to RUR 8.7 billion.

16.07.2008 /Investing VTB Supervisory Council holds its meeting - The VTB Supervisory Council considered and approved the Regulation on VTB Bank Information Policy and the Regulation on VTB Bank Dividend Policy.

18.07.2008 /Investing The Bank of Russia Registered Report on Results of TransCreditBank's Additional Stock Issue - The additional issue consists of 600,000,000 common shares issued as entries to account with the nominal value of RUR1 per share (at the offering price of RUR8). The issue was placed by closed subscription to Non-profit Organization "Non-Government Pension Fund "Blagosostoyanie".

29.07.2008 /Investing The Bank of Moscow has fully placed the bonds issued by the OAO Commercial Bank "MIA" - The loan amount was RUR 2 billion, the circulation period of the bonds is 6 years. The first coupon rate was determined by the issuer based on the results of the auction at a rate of 10.3% per annum. The rates of the second, third and forth coupons are equivalent to the first coupon rate. The duration of the coupon period is 91 days.

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.

12.08.2008 /Investing TransCreditBank Arranges the Debut Bond Issue of Kraiinvestbank - The size of issue is RUR600 mln, the face value of each bond is RUR1,000. The bond matures in 3 years. There will be 6 semiannual coupon payments under the terms and conditions of the issue. The issuer also offers a call option at par 1 year after the launch.

12.08.2008 /Investing VTB announces terms of compulsory buyout offer to VTB North-West shareholders - As a holder of more than 75 per cent of an open joint stock company’s shares, VTB made a public (or statutory) offer to acquire VTB NW shares from 14 April to 23 June 2008. As a result, VTB acquired 129,928,754 shares, which accounted for 10.3038 per cent of VTB NW’s charter capital.

01.09.2008 /Investing The Bank of Moscow has registered the results of additional issue of shares of the Bank of Moscow - The main portion of shares has been redeemed under over-riding powers (4 606 544 shares) at the price of 1081 rubles per valuable security, the rest portion of shares (2 752 094 shares) has been placed by public subscription at the price of 1201 rubles.

02.09.2008 /Investing “UkrSibbank” places C type bonds issue of LLC “Karavan” retail operator for the amount of UAH 130 mln - The bonds are offered at the yield of 20% p.a., which corresponds to the set interest rate for the first year of circulation.

03.09.2008 /Investing “Rossiyskiy Kredit Bank” is an organizer of the issue of JSC “Sibirtelekom” Bonds of the 8th series - As a result of the tender the first coupon rate was determined in the amount of 9,75% per annum. In the applications filed by investors during the tender, were listed first coupon rates ranging from 9.50% to 10.25% per annum. Demand for bonds has exceeded RUR 3.2 billion. 34 applications were filed during the tender.

09.09.2008 /Investing Bank of Russia includes TransCreditBank's eurobonds into its lombard list - The lombard list includes bonds of some sub-sovereign issuers, mortgage bonds, eurobonds and RUR bonds.

10.09.2008 /Investing “Rossiyskiy Kredit Bank” is an underwriter of the issue of “VimpelCom” Ruble Bonds - The placement of the ruble bond issue of "VimpelCom-Invest, which is a 100% indirect subsidiary of JSC "VimpelCom", was held on July 25, 2008 at MICEX SE. According to the results of the tender, the first coupon rate was determined by the issuer in the amount of 9.05% per annum.

17.09.2008 /Investing Vnesheconombank Supervisory Board meeting - A meeting of State Corporation 'Bank for Development and Foreign Economic Affairs (Vnesheconombank)' Supervisory Board chaired by Russian Prime Minister Vladimir Putin was held at the Russian Federation Government House on September 15.

19.09.2008 /Investing B.I.N. Bank General Shareholders Meeting - As before the Board includes Mikail Shishkhanov, Sergey Egorov, Sergey Maryin and Grigory Guselnikov. Elena Klishina has left the Board of Directors and Olga Dadasheva has joined it instead.

24.09.2008 /Investing Vnesheconombank's Purchase of 98% of OJSC JSCB Svyaz-Bank’s shares - To stabilize Svyaz-Bank's operation, Vnesheconombank provided the bank with substantial financial resources for it to make current payments without interruption and fulfill all its obligations to customers and counterparties.