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Presentation. November 2008. * Converted here and throughout the presentation at USD/RUB rate of 24.60. B.I.N.BANK AT A GLANCE. B.I.N.BANK AT A GLANCE. Full service bank with the focus on SME and retail business Established in 1993

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  1. Presentation November 2008

  2. *Converted here and throughout the presentation at USD/RUB rate of 24.60 B.I.N.BANK AT A GLANCE B.I.N.BANK AT A GLANCE • Full service bank with the focus on SME and retail business • Established in 1993 • Strong regional presence –115 branches and outlets covering regions with more than 90% of total GDP • High quality of the loan portfolio and conservative risk management • One of the most transparent Russian banks according to Standard & Poor's Transparency and Disclosure Survey (2nd – 2006 and 6th – 2007) • IRFS accounts audited since 1995 (PWC, Deloitte) • In Top-50 Russian private banks with a clear strategy to be amongst 40 largest by 2009 • According to adopted Strategy till 2011 the Bank’s Total Assets will double (In billion roubles) December 31, 2005 December 31, 2006 December 31, 2007 September 30, 2008 September 30, 2007 Assets 38 (USD 1,5 bln.) 57(USD 2,3 bln.) 64,3 (USD 2,6 bln.) 66,9 (USD 2,7 bln.) Capital 6,7 (USD 272 mln.) 7,2 (USD 292 mln. ) 8,4 (USD 341 mln.) 8,76 (USD 356 mln.) Loans to customers 23,3 (USD 947 mln.) 38,6 (USD 1,5 bln.) 38,7 (USD 1,6 bln.) 42,3 (USD 1,72 bln.) Net profit 0,3 (USD 12 mln.) 0,4 (USD 16 mln.) 1,3 (USD 53 mln.) 0,358 (USD 14 mln.) 0,961 (USD 39 mln.) ROE 7% 5,64% 16,1% ROA 1,2% 0,8% 2% Cost to income ratio 75% 82,6% 69,6% CAR (Tier I) 23,5% 15,4% 14,5% Branch network 21 64 118

  3. OWNERSHIP OWNERSHIP Ownership structure

  4. BUSINESS AND FINANCIAL HIGHLIGHTS ACHIEVEMENTS IN 2007 AND 2008 • Total assets of the Bank have increased by 13% as compared with 31 December 2006 (RUB 64,3 bln. Vs. RUB 57 bln.). • Operating income grew by 76% and as of 31 December 2007 amounted to RUB 5,7 bln. (2006 - RUB 3,2 bln.). • Net profit for 2007 has more than tripled (increased by 225%) and amounted to RUB 1,3 bln. against RUB 0.4 bln. in 2006. • Net interest income as of 31 December 2007 significantly increased and constituted RUB 3 bln. vs. RUB 1,7 bln. as of 31 December 2006. • Total equity has also increased more than 17% and comprised RUB 8,4 bln. Operating and financial performance in 2007 • The Bank has stable position notwithstanding the market disruption which occurred in September. The Bank has successfully mobilized its financial and human resources and showed decent result in the 3rd quarter of 2008. • Total assets increased up to RUB 66,9 bn. from RUB 64,3 bn. as of December 31, 2007. • Net profit comprised RUB 358 mln. and was mostly pressured by the Bank’s measures to accumulate substantial liquidity reserve as well as increased operating expenses. • Loans to customers increased by 9% and comprised RUB 42,3 bn. versus RUB 38,7 bn. as of December 31, 2007. Operating and financial performance in 3Q2008

  5. BUSINESS AND FINANCIAL HIGHLIGHTS CREDIT RATINGS HAVE ROOM FOR IMPROVEMENT… STANDARD&POOR’S International credit ratings: FitchRatings B Long-term credit rating B - Short-term credit rating C B Negative Stable Outlook Long-term National rating BBB (rus) BB (rus) Ratings reflect high capitalisation, recent strong growth in the Bank’s customer funding base, its strong liquidity position and its low level of market risk compared with many CIS banks. Recent outlook downgrade by S&P evidences of the total tense situation in international financial market which makes rating agencies be wary of Russian banking system as a whole. National ratings: RusRATING Moody’s Interfax National ratings: Short-term credit rating BB+ Long-term credit rating A3.ru Outlook Stable …BUT TRANSPARENCY STANDARDS ARE ON THE HIGHEST LEVEL STANDARD&POOR’S STANDARD&POOR’S 6-th place among Russian Banks by Transparency ( Oct’ 2007) 2-nd place among Russian Banks by Transparency ( Oct’ 2006) According to CBR ranking as of October 1, 2008 B.I.N. BANK is included in TOP-30 Russian major banks which keeps its stable market position under conditions of the present economic instability.

  6. BUSINESS AND FINANCIAL HIGHLIGHTS BRANCH NETWORK IS GROWING IN HIGH GEAR • In 2007-2008 the Bank’s branch network has significantly expanded from 64 up to 115 outlets. Currently the network includes 19 sub branches in Moscow, 52 sub branches in regions, 29 branches, 6 rep offices and 9 operating and currency exchange points. • In October 2007 a well-known Russian business journal “Company” awarded the Bank with a nomination of “The most dynamic bank of the year” for active development of the regional network. • Modern banking technologies allow the Bank to expand its branch network without loss in control, management and information flow efficiency.

  7. BUSINESS AND FINANCIAL HIGHLIGHTS ASSETS’ GROWTH PROVES STABLE Assets Mln rub. Mln rub. As of January 01, 2012 the Bank will achieve the following figures: Net assets – RUB 150 bln. ROA – 2% ROE – 13.5%

  8. BUSINESS AND FINANCIAL HIGHLIGHTS LOAN PORTFOLIO MAINTAINS PRIME QUALITY Mln rub. Loan portfolio • Loan portfolio (loans to customers) of the Bank as of 30 September 2008 amounted to RUB 42,3 bln. • Share of NPLs in the structure of the loan portfolio is quite moderate - about 3.99%.Growth of NPLs against the end of 2007 (about 1%) is related to the increased share of retail business. • In 2009 The Bank expects further growth of the loan portfolio up to RUB 70 bln. Loan portfolio forecast (unconsolidated IAS) Mln rub.

  9. BUSINESS AND FINANCIAL HIGHLIGHTS LOAN PORTFOLIO IS DIVERSIFIED AND WELL BALANCED Loan portfolio industry concentration Q32008 2007 • The level of real estate industry concentration continues to decrease and makes the loan portfolio more adjusted. • In the beginning of 2009 share of individuals in the loan portfolio will reach 40%.

  10. BUSINESS AND FINANCIAL HIGHLIGHTS LOAN PORTFOLIO DIVERSIFICATION AMONG REGIONS In 2007 the share of regions in the total loan portfolio doubled. In 2008 the regional share has also increased demonstrating the further expansion of the Bank’s network.

  11. BUSINESS AND FINANCIAL HIGHLIGHTS RETAIL LOAN PORTFOLIO TENDS TO FURTHER GROWTH RETAIL LOAN PORTFOLIO STRUCTURE • Retail loan portfolio of the Bank as of 30 September 2008 exceeded RUB 15 bln. (against RUB 12 bln. as of 31 December 2007). • Total share of retail business in loan portfolio reached 34% compared with 30% at the beginning of the year. • The major part of loans are to be approved according to the scoring system – Transact SM developed by Experian Decision Analytics.

  12. BUSINESS AND FINANCIAL HIGHLIGHTS CONCENTRATION BY LARGEST BORROWERS AND DECREASE OF RELATED PARTY LENDING Concentration by largest borrowers Credit risk exposure is moderate (about 3.99% of the total loan portfolio as at 30 September 2008) Related parties lending NPL/total loan portfolio

  13. BUSINESS AND FINANCIAL HIGHLIGHTS LIABILITIES HAVE PROGRESSED… Liabilities Liabilities structure as at 30 September 2008 Mln rub. Period WITH THE FOCUS ON CUSTOMER ACCOUNTS

  14. BUSINESS AND FINANCIAL HIGHLIGHTS EQUITY CONTRIBUTION – PRIMARY TASK HAS BEEN SUCCESSFULLY IMPLEMENTED Mln rub. Mln rub. Equity • As of the 1st August 2008 the Bank has raised and registered in the Central Bank of Russia a 10-year US$100 mln. subordinated loan from the major shareholder Mikail Shishkhanov in the form of Tier II capital . • 100% capitalization of dividends. Period As of September 30, 2008 the Bank’s equity has increased by 4% compared to December 31, 2007.

  15. BUSINESS AND FINANCIAL HIGHLIGHTS NET PROFIT DYNAMICS Net profit dynamics In 2007 net profit of the Bank has more than tripled compared with the figure of 2006. Mostly, the Bank has benefited from the expanded branch network. Mln rub. Period As at 30 September 2008 net profit comprised RUB 358 mln. and was mostly pressured by the Bank’s measures to accumulate substantial liquidity reserve as well as increased operating expenses. Operating expenses have grown in proportion to increased personnel recruitment in relation with massive branch network expansion. Nevertheless, we consider the Bank’s result positive under current market conditions and its liquidity position is one of the most solid among the market peers.

  16. BUSINESS AND FINANCIAL HIGHLIGHTS INTERNATIONAL CAPITAL MARKET ACCESS SHOWED THE RESULTS… During 2005-2007- several tranches under LPN private placement program (total amount is about USD 36 mln.) Last tranche was repaid in June 2008. In March 2007 the Bank extended and increased the syndicated trade-related loan from USD 40 mln. up to USD 52 mln. Tenor – 1 year. MLAs – LandesBank Berlin AG, Raiffeisen Zentralbank Osterreich AG&JSC VTB (Repaidin April 2008 ) In May 2007 the Bank redeemed USD 100 mln. (put option) of its Eurobond placement (amount USD 200 mln. with coupon 9.5% and tenor – 3 years). MLAs – Merrill Lynch and Commerzbank Capital Markets AG. In August 2008 Bank raised new USD 27 mln. Syndication (1 year, at LIBOR + 2.5%). MLAs- LandesBank Berlin AG, JSC VTB Existing debt financing maturity …AND WILL BE EXPANDED IN 2008-2009 Syndicated loans (about USD 20-50 mln., denominated in US dollars and rubles, 1-2 years) Eurobonds (Exchange option/New issue/New Programme, USD 150 mln., 3-5 years) PLANNED PROGRAMS RUB bonds (1-3 bln., 1.5-3 years) STN/CLN, Structured products, private placements, bilateral facilities (USD 50 – 150 mln., 1 year-2 years)

  17. BUSINESS AND FINANCIAL HIGHLIGHTS TRADE FINANCE IS OUR STRONG POINT The Bank realized a number of long-term trade transactions related to import deliveries of goods & equipment under ECAs cover. As of 3Q 2008 total volume of the deals exceeds USD 90 mln. Throughout 2007 and 9m of 2008 the Bank has progressed in its trade finance operations. As of November 2008 total volume of guarantees and L/Cs of B.I.N.BANK confirmed by major international financial institutions is about USD 130,78 mln. In 2008 the Bank expands its trade finance activity and continues establishing cooperation with banks and ECAs from countries of Northern Europe, Middle East and Asia-Pacific Region.

  18. BUSINESS AND FINANCIAL HIGHLIGHTS CURRENT TRADE FINANCE TRANSACTIONS • Guarantees and Letters of Credit issued by B.I.N.BANK are being confirmed by major international financial institutions, that have granted clean credit lines for Trade Finance operations for B.I.N.BANK such as: • American Express BankLtd. USA) Kazkommertsbank (Kazakhstan) • Banca Agricola Mantovana (Italy) Landesbank Berlin AG (Germany), • Banque de Commerce et de Placements (Switzerland) RZB-Austria AG (Austria) • Bank Austria CreditanstaltAG (Austria), VTB Bank (Austria) AG (Austria) • Bayerische Hypo- und Vereinsbank AG (Germany) UBS AG (Switzerland), etc. • Commerzbank AG (Germany) • Total current volume exceeds USD 130,78 Mln. MAIN CLEARING and FX/MM PARTNER-BANKS RZB-Austria AG (Austria) Sberbank (Russia) Standard Chartered Bank (UK) Vnesheconombank (Russia) VTB (Russia) VTB Bank (Austria) AG (Austria) VTB Bank (Deutschland) AG UBS AG (Switzerland) UBS AG (USA) Agricultural Bank of China (China) American Express Bank Ltd. (USA) American Express Bank GmbH. (Germany) Belvnesheconombank (Belarus) Bank TuranAlem (Kazakhstan) Banque de Commerce et de Placements (Switzerland) Commerzbank AG (Germany) ING Belgium SA/NV (Belgium) Kazkommertsbank (Kazakhstan) Privatbank (Ukraine)

  19. BUSINESS AND FINANCIAL HIGHLIGHTS LONG- TERM FINANCE • Long-term financing of import of equipment and related services, as well as “turn- key” projects, guaranteed by foreign Export Credit Agencies (ECAs), • Letters of credit with postfinancing or deferred payment confirmed by the first-class foreign banks under ECA-cover Main foreign partners : AKA Ausfuhrkredit-Gesellschaft Bayerische Hypo- und Vereinsbank Banca Agricola Mantovana Banca Monte dei Paschi di Siena S.p.A Banca Nazionale del Lavoro Banco Bilbao Vizcaya Argentaria Bank Austria Creditanstalt BankDnB NORD Polska S.A. Landesbank Berlin AG Landesbank Baden-Wuerttembergand others Trade transactions with ECA cover: Tenor of the transactions: 3 – 7 years As of November 2008 total volume of the deals exceeds USD 90 mln. Atradius (Netherlands, amount of transactions ca. USD 1,8 Mln.) EULER HERMES (Germany, amount of transactions ca. USD 64,9 Mln.) EFIC (Australia, amount of transactions ca. USD 1,7 Mln ) KUKE (Poland, amount of transactions ca. USD 18,4 Mln.) SACE (Italy, amount of transactions ca. USD 1,9 Mln.) US Ex-Im Bank (USA,amount of transactions ca. USD 12,4 Mln.), and others.

  20. RISK MANAGEMENT THE BANK IS CONSERVATIVE IN MANAGING LIQUIDITY RISKS Statutory liquidity ratio trend in 2008 • The Bank monitors future cash flows and liquidity on a daily basis, makes an assessment of expected cash flows and collateral available to secure additional funding if required. • Maintains a significant portfolio of highly marketable and diverse assets that can be easily liquidated. • Has committed lines of credit that it can assess to meet liquidity needs. min. 15% • Opportunities to draw liquidity: • Participation in auctions for loans without collateral from CBR for banks rated “B-” at least (CBR Regulation 323-П dated October 16, 2008 ” On granting uncovered credits to Russian credit organizations by the Bank of Russia") • Participation in auctions for refinancing by CBR of 1 and 2 category loans to corporate customers (CBR Regulation 312-П dated November 12, 2008 “On procedure for granting asset covered loans to credit organizations by the Bank of Russia”). • Subordinated loan from Vnesheconombank (50/50 with the shareholder or a third party). • Other opportunities currently introduced by the government or CBR.

  21. RISK MANAGEMENT CONSERVATIVE CREDIT AND MARKET RISK POLICIES IN PLACE Credit Risk Policy adopted and implemented according to the best international practice. Decision making in 3 levels of Credit committees (small CC– up to RUB 20 mln. per one borrower; CC -up to RUB 100 mln. and large CC - over RUB 100 mln. plus limits on banks). Credit risk Interest rate risk All loans are collateralized. Internal rating classification of the categories and provisions measured and minimized according to BASEL. Good balanced interest rate structure. Currency risk Currency Risk Management Policy aimed on restriction, supervising and managing currency risk by thesystem of limits. Liquidity risk Historically low liquidity risk even in the period of the deterioration in the banking market. Liquidity management policy authorise Management Board to make adequate decisions and match and/or control mismatch of asset and liability maturity periods and interest rates. Operational risk Operational Risk Management policy adopted and includes advanced measures and analysis of operational risks facts realization and assessment of capital adequacy for losses coverage. We use TSA (the standardized approach recommended by BASEL) and will use advanced measurement approach (AMA) – in the future.

  22. STRATEGY STRATEGY FOR 2008-2011 INCLUDES… • Additional investments into the capital for further growth from the major shareholder (subordinated loan amounted to RUB 2.3 bln was registered as Tier II capital as of August 2008); • Adherence to the basic strategies throughout several last years and stable top-management team; • Strengthening of the Bank’s position in the international market in order to keep good credit track-record for future international funding deals; • Expansion and diversification of the Bank’s client base; • Introduction of standards of corporate management according to the best international practice; • Maintenance of high level of the Bank’s transparency; • Achievement of the better efficiency factors among competitors; …WITH AN OBJECTIVE TO CREATE A NATIONAL LEVEL BANK

  23. STRATEGY IFRS BALANCE SHEET(FORECAST)

  24. STRATEGY PROFIT & LOSS ACOUNT (FORECAST)

  25. KEY ADVANTAGES WHAT MAKES B.I.N.BANK ATTRACTIVE? Very strong brand and business reputation; Young and professional team of top-managers; Very strong capitalization; Branch network with 115 branches and outlets; THE BANK HAS A NUMBER OF KEY ADVANTAGES: Wide range of products and services as well as advanced banking technologies; Well-run system of risk management; Successful introduction of brand-new IT system.

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