Annulement of the 2nd bond issue registration

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:

Information about recognizing securities issue as incomplete

2.1.The following data are mentioned in the statement of material fact about recognizing securities issue as annulled:

2.1.1. Interest-bearing non-convertible secured documentary bonds of series 2 payable to bearer issued through open subscription with obligatory centralized keeping and without option of early redemption 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 (additional issue) and date of state registration: 40201439Â as of 03 September 2007

2.1.4.Name of the registration authority that registered the securities issue: Bank of Russia

2.1.5. The number of securities issued and nominal value of each issued security: 5 000 000 (Five million) bonds of RUR 1000 (thousand) nominal value each.

2.1.6. . Method of securities issue: Open subscription.

2.1.7. Date of securities issue recognized as annulled: 23 September 2008.

2.1.8. Name of the registration authority that made the decision of recognizing securities issue as annulled: Bank of Russia.

2.1.9. The grounds onrecognizing securities issue as annulled: Board of Directors of Bank Vozrozhdenie Decision as of 22 August 2008, Minutes ¹2.

2.1.10 The date when the issuer received writing notification about recognizing securities issue as annulledfrom the registration authority: 01 October 2008.

2.1.11. The method and procedure of repayment of funds, received as a payment to the securities’ placement, the issue of which is recognized as annulled: There were no any securities placed within the issue. There were no cash received as a payment for the securities’ placement and have to be returned to investors.

2.1.12. All expenses, related to recognition of securities issue as annulled shall be covered by the issuer.

3.1. Deputy Chairman of the Management Board Bank Vozrozhdenie

3.2.  October 01, 2008