Information about the Annual General Meeting of shareholders

1. General Data

1.1. Full corporate name of the issuer

1.2. Abbreviated corporate name of the issuer:

1.3. Location of the issuer:

1.4. State Registration number of the Issuer:

1.5. Identification tax number of the issuer:

1.6. Unique code of the issuer, assigned by the registration body:

1.7. Internet site used by the Issuer for publishing messages:

2.Content of the Message

2.1. Date of holding the meeting of the Board of Directors:  May 3, 2007.

2.2. Date of  and number of the minutes of Bank Vozrozhdenie’s Board of Directors meeting, Minutes # 13.

2.3. The summary of decisions made by the Board of Directors:

2.3.1. To define a method of holding the General Meeting of shareholders as a meeting (joint presence of shareholders for discussing the agenda issues and making decisions on the issues put for voting with preliminary forwarding vote ballots).

2.3.2. To approve the date, time and place of holding the Annual General Meeting of shareholders – June 29, 2007, 12.00 a.m. Moscow time, Moscow, Luchnikov pereulok, 7/4, conference-hall of Bank Vozrozhdenie.

2.3.3. To establish the list of persons having the right to receive annual dividends as at the same date of establishment the list of persons having a right to take part in the General Meeting of shareholders – May 10, 2007, 10.00 a.m. Moscow time.

2.3.4. To approve the following agenda of the General Meeting of shareholders:

1. Approval of the annual report, annual financial statements, profit and loss statement for 2006, profit distribution, payment (declaration) of dividends on the results of the financial year 2006.

2. Reviewing the Report of the Board of Directors of Bank Vozrozhdenie.

3. Definition of the quantity of the authorized ordinary non-documentary registered shares with nominal value of RUB 10 per each and alteration of the Charter of Bank Vozrozhdenie

4. Approval of the Alterations to the Charter of Bank Vozrozhdenie.

5. Approval of the Alterations #1 to the Regulation on General Meeting of shareholders of Bank Vozrozhdenie.

6. Approval of the Alterations#1 to the Regulation on the Board of Directors of Bank Vozrozhdenie.

7. Approval of the Alterations#1 to the Regulation on executive bodies of Bank Vozrozhdenie.

8. Approval of the Alterations#1 to the Regulation on Audit Commission of Bank Vozrozhdenie.

9. Approval of transactions to be made on standard terms within the period till the next General Meeting of shareholders between Bank Vozrozhdenie and interested persons and related to usual economical activity.

10. Election of the Audit Commission.

11. Election of the members of the Board of Directors.

12. Approval of the Auditor of Bank Vozrozhdenie.

2.3.5. To publish a message about holding the General Meeting in the newspaper «Izvestia» till May 29, 2007 and to place information on the web-site of the Bank.

2.3.6. To approve the following list of information (documents) submitted to shareholders in the process of preparation to the annual General Meeting of shareholders: annual report of Bank Vozrozhdenie for the financial year 2006, annual financial statements for 2006 certified by the auditor as a part of the annual report, resolution of the Audit Commission on the results of the annual audit of Bank Vozrozhdenie’s financial activities for 2006, information about the candidates to the Board of Directors and to the Audit Commission of the Bank, information about presence or absence of consent of candidates nominated to be elected to the Board of Directors and Audit Commission, data about the auditor, draft of the Alterations to be included to the bank’s internal documents, draft of the resolution of the annual General Meeting of shareholders.

Shareholders can get acquainted with the documents on the agenda of the annual General Meeting at the branches and Central Office of Bank Vozrozhdenie since May 29 to June 28, 2007 from 10.00 a.m. to 14.00 a.m. by local time.