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24.04.2008 /Bank's Ratings The National Rating Agency has confirmed the top rating of the quality of managing pension savings by the Management Company Pension Reserves

The National Rating Agency (NRA) has published the pension saving management quality rating based on the results of the 4 th quarter of 2007. The rating evidences that the Management Company Pension Reserves retains the ultimate level of pension saving management quality.

"Thanks to its work, Pension Reserves continuously confirms the top rating of the asset management quality", — says Viacheslav Korpushenkov, the General Director of Pension Reserve Management Company. — "The number of people’s applications requiring to transfer the saved part of the pension is one the rating parameters making our company an absolute leader among private management companies. As a result, the pension savings managed by Pension Reserve MC grew by 173 million Roubles during the 1 st quarter of 2008 and achieved 1,646.1 million Roubles".

Pension Reserve Management Company (LLC) is a strategic partner of Bank of Moscow in the pension saving trust management market. It has the biggest number of the citizens’ applications among all management companies, which signed the pension saving trust management agreements with the Pension Fund of the Russian Federation (the total of 56 companies). It has won the Russian Market of Collective Invetsments-2007 contest as the best "Pension Saving Management Company". The individual reliability rating of Pension Reserve MC conferred on it by NRA is AAA, which mean maximum reliability. It manages pension savings of the Russian citizens as well as pension reserves of the private pension funds opened by the Funded Reserve share investment fund of the mixed investments. License of the Federal Service for Financial Markets of Russia is No 21-000-1-00108 dated February 7, 2003, the license is perpetual.

For detailed information on Pension Reserve MC and the results of pension saving management go to www.pensionreserve.ru.

Center of public relations, Bank of Moscow
(495) 624-74-40
pr@mmbank.ru

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