Moscow, Russia - 5 May, 2008 - MBRD announces results for 2007: the consolidated assets of the Bank group had 127% growth that totaled $ 5 010.0 mln, the consolidated capital (tier 1 and tier 2) had 72% growth and totaled $ 392 mln, the consolidated net income had 142,7% growth up to $ 35,3 mln. Following the long-term strategy of MBRD, the assets of the Bank group by 2010 should be increased up to $ 14 billion. Furthermore, the owned assets of Moscow Bank for Reconstruction and Development should exceed more than $ 8 billion. The Bank Group is planning to enter TOP - 15 of the largest Russian banks.

"About $ 570 mln is planned to be invested in ?&? transactions by MBRD in 2008. This amount is enough for 2-3 such transactions in Russia or CIS. The top priority countries and regions for the expansion are the same with the strong presence of JSFC "SISTEMA", which are: Byelorussia, Uzbekistan, Armenia, and additionally - Ural region, Western Siberia, the southern part of Volga region and Northwest region. Talking about the financial forecast, our aim is to finish the year with the following results: the loan retail portfolio by the end of this year should be about $ 1,8 billion, amount of the private persons' deposits should total $ 1,2 billion. I'm sure that such dynamics will enhance the development of our Bank, its capital growth and will make our position even more strong and competitive among other banks", the Chairman of the Management Board of the Joint Stock Commercial Bank "Moscow Bank for Reconstruction and Development" (MBRD) Sergey Zaytsev, stressed.

*Data covers MBRD group (MBRD, East-West United Bank, "Nostro" Ltd, "Invest-Svyaz-Holding" CJSC, "Sistema-Finleasing" CJSC, "Leasing-Maximum" Ltd, "MBRD-Capital" Ltd, "MBRD-Finance" Ltd, "Sistema ?-Invest" CJSC, IFRS).

Bank info

Joint Stock Commercial Bank "Moscow Bank for Reconstruction and Development" (open joint stock company) - the universal commercial bank working in the Russian market of bank services since 1993. (General license of the Central bank of the Russian Federation for executing banking operations ? 2268 from 12.11.2002.)

MBRD was awarded with the Prize "Russia's Financial Elite 2007" as "The best mortgage bank of the year", the Prize «Company of the year-2007» (RBC) as "The most dynamically developing company", and became the winner of the National Award "Financial Olympus" as "Retail bank" in the category "Dynamics and efficiency".

Branches of the bank are opened in 16 cities: St.-Petersburg, Syktyvkar, Rostov-on-Don, Krasnodar, Ekaterinburg, Krasnoyarsk, Tomsk, Saratov, Krasnogorsk, Ufa, Stavropol, Nizhniy Novgorod, Kemerovo, Volgograd, Chelyabinsk and Tyumen.