Invitation to make Offers to Purchase additionally placed ordinary non-documentary registered shares

Bank Vozrozhdenie
7/4 Luchnikov pereulok, bldg. 1, Moscow, 101000, Russia
General license for the banking operations #1439

This message is an Invitation to make Offers to Purchase additionally placed ordinary non-documentary registered shares (further – shares) of Bank Vozrozhdenie addressed to a wide group of persons.

Method of issue – open subscription.

Number of shares in the additional issue – 3 000 000 (three million) shares.

Nominal value per share:  RUB 10 (ten).

Period for making Offers – starting from the day following the date of the present message publication and until the closing date of placement set in the clause 9.1. of the Decision on the additional share issue.

The order for making Offers.

Offers are accepted in the written form on business days from 9.00 to 18.00  at the following address: 7/4 Luchnikov per. bldg.1, Moscow, 101000, Russian Federation.

The Offer should be submitted to the Bank personally by the person making an Offer or by an authorized representative presenting the original of a properly executed power of attorney or another document confirming its authority.

The Offer should contain:

• the title «The Offer to Purchase Shares of Bank Vozrozhdenie;
• surname, first name, second name (for individuals) or full corporate name (for legal entities);
• Tax identification number (INN), Code of the reason for tax registration (KPP) – if any;
• place of residence (for individuals) or location (for legal entities);
• date of birth, passport details – number, date of issue, the authorized body that issued the passport (for individuals);
• Number, date and place of issue of the certificate confirming the state registration of the legal entity, major state registration number (OGRN), date of making an entry in the single state register of legal entities (EGRUL) and the authorized body that made an entry (for legal entities);
• postal address for sending information on acceptance of the Offer;
• Details of the account to which funds could be returned;
• signature of the person (authorized representative) making the Offer (for legal entities – stamp if any),
• contact phone number / fax number;
• quantity of shares to be purchased or the total amount of purchase;
• the highest limit of price at which the person would like to purchase the Shares.

The Offer signed by the authorized representative should be accompanied by the original or a notary certified copy of the properly executed power of attorney or another document confirming its authority.

If according to applicable legislation a potential buyer is required to receive the Bank of Russia’s agreement, authorization or notification to purchase the Bank’s shares, the copies of relevant documents (agreements, authorizations) should be attached to the Offer. Also the documents confirming adequacy of the buyer’s equity for payment for the Bank’s shares must be attached to the Application in compliance with the Regulation on procedure and criteria of evaluation of the financial position of individuals – founders (participants) of credit institutions of the Bank of Russia # 268-Ï as of 19.04.2005 (in edition of the Instructions of CB RF of 15.12.06  #1763-Ó) and the Regulation on procedure and criteria of evaluation of the financial position of legal entities (participants) of credit institutions of Bank of Russia # 218-Ï as of 19.03.2003 (in edition of the Instructions of CB RF as of 15.12.06 # 1764-Ó).

Partial fulfillment of the Offer is allowed unless it contains a restriction for partial fulfillment.

If the Bank sends an acceptance of an Offer it will be accompanied by the Agreement on purchase and sale of securities (in two copies), one of which should be signed by the person making an Offer and returned back to the Bank after the payment for shares.

The payment for shares by persons not having pre-emptive rights of shares purchase shall be made within 3 (three) business days after the buyer’s receipt of the offer acceptance but not later than the closing date of placement with other persons set in the clause 9.1 of the Decision on additional share issue.Payment for shares shall be made to the accumulative account of Bank Vozrozhdenie  with OPERU MGTU of the Bank of Russia and in case of foreign currency payment – to the account with the JSC VTB Bank. Banking details are specified in the Agreement on purchase and sale of securities.

The texts of the registered Prospectus of securities issue and the Decision on the additional securities’ issue are placed at the Bank’s web-site (www.vbank.ru). All interested persons can acquaint themselves with the registered Decision on the additional securities’ issue and Prospectus of securities’ issue at the following address:

Bank Vozrozhdenie
7/4 Luchnikov pereulok, bldg. 1, Moscow, 101000, Russia
Contact telephone number: + 7 (495) 620-18-61.
E-mail: vbank@co.voz.ru.

Deputy Chairman of the Management Board
Bank Vozrozhdenie                            Alexander Dolgopolov