Data related to alterations in the composition of the issuer’s shareholders

1. Full corporate name of the issuer: Open Joint-stock company Bank Vozrozhdeniye.
2. Location of the issuer: Luchnikov lane, 7/4 -1, Moscow GSP-9, 101999.
3. Identification Tax Number of the issuer: 5000001042.
4. Unique code of the issuer: 1439.
5. The Internet site address for publishing messages of the material facts: http://www.vbank.ru/akc/events.html
6. Full corporate name of the commercial institution — the issuer’s shareholder: closed joint-stock company APK-HOLDING.
7. Portion of the issuer’s ordinary shares being in possession of the above institution before alteration: 13.23%.
8. Portion of the issuer’s ordinary shares being in possession of the above institution after alteration: 13.54%.
9. Data when the issuer learned about the alteration in the portion of the issuer’s ordinary shares being in possession of the above institution: 13.04.2004.

Deputy Chairman of
Vozrozhdeniye Bank (OAO)
A.V.Dolgopolov

April 13^th 2004