State registration of the issue of securities (bonds) and access to the securities issue prospectus information

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:

1.8. Name of printed periodical being used by the issuer for publishing the information

2.1. Information on the securities which issue was registered:

2.1.1. Category (type), series and other identification characteristics of securities.

Interest-bearing non-convertible secured documentary bonds of series 02 payable to bearer with obligatory centralized keeping and without option of early redemption (hereinafter referred to as “bonds”).

2.1.2. Maturity.

1097 (one thousand ninety seven) days from the initial date of issue.

2.1.3. State registration number of the securities’ issue and the date of state registration.

40201439 dated September 3, 2007

2.1.4. Name of the registration authority that registered the securities issue.

The Central Bank of the Russian Federation.

2.1.5. The number of securities issued and nominal value of each issued security:

5,000,000 (five million) pieces of RUB 1000 (one thousand rubles) nominal value each.

2.1.6. Method of securities issue

Open subscription

2.1.7. Term of issuing securities and order of its definition.

Initial date of bond issue and order of its definition:

The Initial date of bond issue is determined by the Board of Directors of the Bank. The Bank shall publish the information on the initial date in the order and terms prescribed by the paragraph 14 of the decision to issue bonds and the paragraph 2.9. of the securities issue prospectus. The Initial date of bond issue can not be earlier than two weeks after publishing the information on state registration of the issue in “Izveztia” newspaper.

As from the date of publishing the statement of state registration of the bond issue by the Bank all potential purchasers can acquaint themselves with copies of the decision and the securities issue prospectus on the web-site of the Bank (www.vbank.ru) and at the following address: 7/4 Luchnikov pereulok, bldg. 1, 101000, Moscow, Russia; tel. +7 (495) 620-18-61

Date of bond issue closing is determined as the earliest of two dates: a) 5th (fiths) business day after the Initial date of bond issue; or b) date of issuing the last bond of this issue, but not later than 1 year from the date of state registration of this issue of securities.

2.1.8. Price for securities to be issued or procedure of its defining.

The price for securities to be issued was determined by the decision of the Board of Directors of Bank Vozrozhdenie at 100% of the nominal value of bonds (Minutes No 2 dated August 15, 2007).

Starting from the second day of the bond issue a buyer while purchasing bonds shall pay accrued coupon income, that is calculated from the initial date of issue as follows:

NKD = C(1) * Nom * (T-T(0)) / (365*100%), in rubles, where

Nom — nominal value of 1 bond in rubles

C(1) — interest rate of first coupon, per cent per annum

T — current date

T(0) — initial date of issue

T-T(0) — number of days from the initial date of issue till the current date.

Accrued coupon income per one bond is calculated with approximation to 1 kopek (approximation is made according to the mathematic rules to the closest whole number).

2.1.9. Preemptive rights for shareholders of the issuer and / or other persons.

There are no preemptive rights for bonds to be issued.

2.2. Registration on the securities issue prospectus at the same time with the state registration of these securities’ issue

The securities issue prospectus was registered at the same time with the state registration of the securities’ issue

2.3. The order of access to the securities issue prospectus in case of its registration.

The bank shall publish the text of the registered decision about the securities’ issue and securities issue prospectus on the web-site of the Bank in Internet (www.vbank.ru) within 2 (two) days from the moment of receipt of the written notice about state registration of the issue from the registration authority.

The registered decision about the securities’ issue should be accessible via Internet during the period from the date of its publication till redemption (annulment) of all securities of the issue.

The securities issue prospectus should be accessible via Internet during the period from the date of its publication till the day at least 6 (six) months later than the date of publication of the registered report about the results of the securities’ issue in the Internet.

As well, all interested persons can acquaint themselves with the registered decision about the securities’ issue and securities issue prospectus or receive copies of the documents mentioned above (for a fee not exceeding the cost of making such copies) at the following address: 7/4 Luchnikov pereulok, bldg. 1, Moscow, 101000, Russia. Contact telephone number: + 7 (495) 620-18-61. E-mail: vbank@co.voz.ru

Internet web-site where the information about the Bank, securities issued or to be issued by it and also the registered prospectus of the securities is published: www.vbank.ru.

2.4. The financial advisor for the securities market did not signed the securities issue prospectus.

2.5. The issuer undertakes obligations to disclose information in quarterly reports and in statements of material facts according to the legislation of the Russian Federation.

2.6. The issuer is not a shareholder investment fund.