MDM Bank News

18.05.2007 20:38		MDM Bank Announces New Board Members
		Mr. Oleg Vyugin, former Head of the Federal Financial Markets Service, is to become Chairman of MDM Bank Board of Directors

16.05.2007 20:19		MDM Bank signs an eight-year $100 million senior loan agreement with IFC
		MDM Bank signed an agreement to obtain an eight-year $100 million senior loan from IFC, the private sector arm of the World Bank Group. The financing will be used by the Bank to support the growth of its mortgage and small and medium enterprise lending portfolio to reach regions outside Moscow that are still underserved and underdeveloped. In addition, IFC will provide advisory services to the Bank to help it improve its mortgage operations and establish an environmental management system that will help make its operations more sustainable.

07.05.2007 20:15		Moody's upgrades MDM Bank to Ba1/NP (stable) following methodology refinement
		Moody's Investors Service raised the foreign currency deposit rating on MDM Bank to Ba1/NP from Ba2/NP as part of the application of its refined joint default analysis (JDA) and updated bank financial strength rating (BFSR) methodologies.

13.04.2007 20:06		MDM Results Call
		MDM Bank will hold its fiscal 2006 year end results conference call on Monday, 16 April 2007, at 6pm Moscow time

06.04.2007 20:03		MDM Bank's consolidated IFRS financial statements as of the end of 2006
		MDM Bank published its consolidated IFRS financial statements for the year ended 31 December 2006, which were audited by KPMG.

27.03.2007 20:00		MDM FG Reports Solid Results in 2006
		MDM Financial Group published its consolidated IFRS financial statements for the year ended 31 December 2006, which were audited by KPMG. For the year ended 31 December 2006, MDM Financial Group reported net attributable profit after taxation equivalent to RUR4,429 million (2005: RUR3,826).

21.03.2007 19:55		Michel Perhirin spoke at the Russian Economic and Financial Forum in Zurich
		Michel Perhirin, CEO and Chairman of MDM Bank’s management board, spoke at the Sixth Russian Economic and Financial Forum in Zurich on March 18

19.03.2007 19:47		MDM Bank obtained a $100 million loan from IFC
		The Board of Directors of IFC (International Finance Corporation) approved a $100 million, 8 year loan to MDM Bank.

15.03.2007 12:22		“Corporate Governance Editors Award for 2007” from Global Finance Magazine
		MDM Bank has been awarded by Global Finance for its leadership in Corporate Governance standards.

21.02.2007 16:25		The retail loan portfolio of MDM Bank exceeds USD 1 bln. as of today
		The Bank’s retail loan portfolio mostly consists of autoloans, where MDM Bank is retaining the leadership position.

08.02.2007 16:00		MDM Bank obtained a $300 million syndicated loan from EBRD - Syndication amount doubled after strong market demand
		The loan will be used to expand the Bank’s retail activities, extend longer-term funding and increase small business lending. The loan was originally offered in the syndication market as a $150 million facility, but the EBRD had expected it to be over-subscribed and had allowed for it to grow to $225 million. In the event, strong market demand resulted in the final figure being increased to $300 million.

07.02.2007 17:36		Credit agreement with Nordic Investment Bank
		MDM Bank has signed a 7-year, EUR30 mn credit agreement with Nordic Investment Bank.

19.01.2007 15:30		MDM Bank Senior Unsecured Notes Issue
		MDM Bank opened the Russian capital markets in 2007 by launching and pricing today the first Russian Eurobond offering of 2007. The transaction is an offering by MDM International Funding plc. of US$425 million 3-year Reg S Senior Unsecured Loan Participation Notes. The deal was well received, as demonstrated by strong demand, an oversubscribed book and pricing tighter than the initial price guidance.

28.12.2006 00:00		S&P raised its corporate governance rating on MDM Bank to ‘CGS-6+’
		Standard & Poor's Governance Services announced that it raised its corporate governance score (CGS) on MDM-Bank to 'CGS-6+' from 'CGS-6'. The Bank’s rating according to the Russia National Scale CGS was raised to 'CGS-6.7' from 'CGS-6.2’. MDM Bank is the only Russian financial institution with a public corporate governance rating from Standard & Poor’s.

19.12.2006 00:00		Standard & Poor’s Ratings Services raised its long-term counterparty credit rating on MDM Bank to ‘BB-’ from ‘B+’
		Michel Perhirin, Chairman of the Management Board, commented: “We welcome the change of rating which reflects the Bank’s improving fundamentals. We will continue to grow profitably in the Russian market in line with our strategy, simultaneously diversifying our asset and funding bases.”

18.12.2006 00:00		MDM Bank Conference Call
		MDM Bank’s conference call. 18 December 2006 at 6 pm Moscow time, (3 pm London Time, 10 am New York time).

18.12.2006 00:00		MDM Bank announces an agreement reached by its owners whereby Sergey Popov becomes the main investor in MDM Bank.
		He will own a 90% share in the Bank. Martin Andersson, member of MDM Bank’s strategy committee, will acquire a 10% stake. Andrey Melnichenko, who has been a 50-50 owner of the Bank together with Mr. Popov, will discontinue his ownership in the Bank as part of a wider re-organization of his interests with Mr. Popov. This reorganization is subject to all relevant regulatory approvals.

13.12.2006 00:00		MDM Bank awarded “A Leading Bank in Corporate Governance in EmergingEurope” by Euromoney Magazine
		In October 2006, Euromoney magazine awarded MDM Bank “A Leading Bank in Corporate Governance in Emerging Europe”. The Bank was also named among the leading banks that employed the best practices of corporate governance standards in Emerging Europe.

13.12.2006 00:00		MDM Bank closes transaction placing USD125 mn in CLNs for Ukraine’s JSC Zaporozhsky Automobile Plant
		MDM Bank placed a CLN issue for Ukraine’s JSC Zaporozhsky Automobile Plant (ZAZ, Ukraine). The transaction raised USD125 mn.

29.07.2005 00:00		MDM Bank Announces the Appointment of Alexey Sazonov as Head of Risk Management
		Alexey Sazonov will be responsible for the development of the bank's risk management systems and procedures covering credit, market, and operational risks

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