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in early June 2006, Bank ZENIT borrowed a syndicated loan of $135 million from 27 foreign banks representing over 10 countries. In detail…

The Register of the Bank's Shareholders

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Bank ZENIT (Open Joint Stock Company) hereby notifies all interested parties of commencement of operations, as of February 6, 2008, of the new registrar of the Bank:

Full trade name: Limited Liability Company «R-Stinol»
Short trade name: OOO «R-Stinol»
License of the FSFM of Russia for the Conduct of Operations Related to the Maintenance of Register of Registered Stock Holders: № 10-000-1-00342, issued on November 30, 2006 for an indefinite term
Location: 10 B, 9th of May Street, 398017 Lipetsk
Mailing Address: P.O. Box 205, 398040 Lipetsk-40
Main State Registration Number (OGRN): 1034800572938
Individual Executive Body: Sergey Ivanovich Cherkashin, General Director
Contact Telephone Number: (4742) 44-30-95, 44-31-64
E-Mail Address: r-stinol@mail.sc.ru

Effective date (execution date) of the Agreement for the Provision of Services Related to the Registered Stock Holders Register Maintenance, as entered by and between the Bank and OOO «R-Stinol»: November 29, 2007.

Registered persons have the right to receive information from the register of the Bank's registered stock (shares) holders in accordance with the procedure established by current law of the Russian Federation.

The registrar maintains the register of the Bank's shareholders and performs the functions of the Bank's Ballot Committee.

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