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OJSC Bank ZENIT Offers Its Regional Customers a New Economic Tariff for Broker Services

Seeking to further promote its investment services in Russian regions, Bank ZENIT offers regional investors a new tariff plan styled «Dobro Pozhalovat'» («Welcome»). Individuals and legal entities selecting the tariff plan can execute operations with securities at the brokerage rate of 0.015%.

The fee is charged on the aggregate value of each operation regardless of the volume of transactions executed during the day. The tariff play is available only for those investor which have executed a Broker Services Agreement with any of Bank ZENIT branches during the period starting on June 7, 2008, and ending on June 7, 2009.

For additional information on OJSC Bank ZENIT services.

FOR REFERENCE:

Banking Group ZENIT was formed in 2005 as a result of the purchase by Bank ZENIT of a controlling stake in JSB Devon-Credit (OJSC). In 2007, the Banking Group acquired OJSC Lipetskkombank and JSB Sochigazprombank LLC (later renamed into Bank ZENIT Sochi). According to the consolidated statement of the Banking group for 2007, made in accordance with IFRS, the equity capital of the Banking group amounts to $738 mn, the assets amount to $6,645 bn. The Group provides a full-scale range of banking services in the following areas: comprehensive services to the corporate clients, retail services, private banking, investment banking and interbank business. Banking Group ZENIT is represented in 21 of 83 regions of the Russian Federation; its own retail network consists of 150 points of sale. The Group has created a wide international correspondent network of banking partners, with co-operation from more than 80 international institutions in Europe, America and Asia. Bank ZENIT is currently rated Bа3/Stable by Moody's and B/Positive by Fitch. Being an active debt market player, Bank ZENIT arranged 8 international syndicated loans, 2 Eurobond issues (the debut issue was repurchased in 2006) and 4 ruble bond issues (the debut issue was repurchased in 2007).