The Board of Directors of Bank Vozrozhdenie held its regular meeting

17 June 2011

The Board of Directors approved schedule of internal divisions’ revisions to be conducted by the Internal Control and Audit Service in H2 2011 which was preliminary considered by the Audit Committee.

The Board of Directors considered the reports on the Audit Committee and HR & Compensations Committee activity for the year and recognized it satisfactory.

Also the Board of Directors considered report on implementation of Schedule of activities aimed at corporate governance improvement in Bank Vozrozhdenie and found its implementation satisfactory.

Bank Vozrozhdenie was named the best private bank for SMEs in Moscow Region
Bank Vozrozhdenie holds the Annual General Meeting of Shareholders