MDM Bank News

02.07.2007	Changes to shareholder structure
	MDM Bank announces changes to shareholder structure; no further changes planned.
28.06.2007	Julia Kochetygova has been appointed Director of Corporate Relations of MDM Bank
	Her responsibilities include coordination of the Bank’s external relations: investor, government and public relations as well as social programs. Ms. Kochetygova will become a member of the Management Board when the Central Bank of Russia approves her candidacy.
27.06.2007	Dual Tranche USD 550 Million Syndicated Term Loan Facility
	MDM Bank successfully signed the Dual Tranche USD 550 Million Syndicated Term Loan Facility
04.06.2007	MDM Bank Demonstrated Solid Results in 1Q 2007
	MDM Bank published its consolidated IFRS financial statements for the quarter ending March 31, 2007, which were reviewed by KPMG.
21.05.2007	Second Diversified Payment Rights Securitisation
	MDM Bank successfully established and launched the second debt issuance from a future flow diversified payment rights (“DPR”) securitization program
18.05.2007	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	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	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	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	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	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	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	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	“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	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	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	Credit agreement with Nordic Investment Bank
	MDM Bank has signed a 7-year, EUR30 mn credit agreement with Nordic Investment Bank.
19.01.2007	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	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	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.”

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