State registration of share issue

 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

2.3. Statement of material fact about state registration of securities issue contains the following information

2.3.1. Category (type), series and other identification characteristics of securities issued:

Ordinary non-documentary registered shares.

2.3.2. Maturity (for bonds and options of the issuer).

Shares have no maturity date.

2.3.3. State registration number of the securities issue (additional issue) and date of state registration.

 10101439Â016D dated March 20, 2007

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

Bank of Russia.

2.3.5. The number of securities issued and nominal value of each issued security (if availability of nominal value is stipulated by the Russian law):

3,000,000 (Three million) shares of RUR 10 (ten) nominal value each.

2.3.6. Method of securities issue. In case of closed subscription – the list of potential buyers of securities issued

Open subscription

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

According to the articles 40 and 41 of the Federal law “About joint-stock companies” shareholders owning ordinary shares of Bank Vozrozhdenie have preemptive rights to purchase ordinary shares issued in the number proportionate to the number of ordinary shares owned by them.

The list of shareholders having pre-emptive rights to purchase additional shares issued was completed on the basis of the data from the shareholders register as at the end of the business day of February 20, 2007 – the day when the Board of Directors of the Bank made a decision to increase the share capital underlying the issue additional shares.

2.3.8. Price for securities issued or procedure of its defining.

The price of ordinary registered non-documentary shares to be issued in Russian Rubles and in foreign currency will be set by the Board of Directors within the first business day after expiration of preemptive rights. Information about the price will be disclosed through the business news service of the news agency “Interfax” and at the bank’s web-site (www.vbank.ru).

2.3.9. Term of issuing securities or the order of its definition.

The initial date of placing shares with personsaving having having preemptive rights to purchase additional shares will be the next business day after the date of publication information about the price of shares to be issued through the business news service “Interfax” (further – “Initial date of  placing shares with persons having preemptive rights”).

The initial date of placing shares with other persons will be the next business day after the date of publication of information about the results of exercising preemptive rights through “Interfax” (further – “Initial date of  placing shares with other persons”).

The closing date of placing shares with persons having preemptive rights will be the 5^th business day (inclusive) after the day following the date of publication of the share placement price (the order of price determination) through the news agency “Interfax” (further – “Closing date of placing shares with persons having preemptive rights”).

The closing date of placing shares with other persons (further – “Closing date of placing shares with other persons”) is determined as the earliest of two dates:

• Date of placing of the last shares available of this additional issue; 
• 60^th business day from the initial date of placing shares with such other persons.

2.3.10. Information about registration of 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 additional shares issue.

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

The bank will publish the text of the registered decision about securities’ issue and securities issue prospectus at its web-page www.vbank.ru in the Internet 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 (cancellation) of all securities of this issue (additional issue). The securities issue prospectus should be accessible via Internet during the period from the date of its publication till the day that is 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 additional 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:

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

Web-address of the pages where the information about the bank, securities issued by it and also the registered prospectus of the securities to be issued are published: www.vbank.ru.

2.3.12. The fact of signing the securities issue prospectus by the financial advisor for the securities market and corporate and abbreviated name of the financial consultant for the securities market.

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