Promsvyazbank makes regular semi-annual coupon payment under US$ 225 million 8.75% Senior LPN due 2011

Promsvyazbank has made a regular semi-annual coupon payment in the amount of US$ 9.84 million under the US$ 225 million 8.75% Senior Loan Participation Notes (Senior LPN) due 2011 issued by PSB Finance S.A., a special purpose vehicle incorporated under the laws of Luxembourg. US$125 million notes were issued by PSB Finance S.A. on 18 October 2006, followed by the tap issuance of US$100 million notes on 20 March 2007, to form a single consolidated series due on 18 October 2011.

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About Promsvyazbank

OJSC Promsvyazbank, founded in 1995, is one of the leading privately-owned Russian banks, with total assets under IFRS of RUB 414 billion, and total capital (as calculated under the Basel Accord) of RUB 49.3 billion as of 30 June 2009. The holding company Promsvyaz Capital B. V. owns 84.68% of the Bank, the remaining 15.32% are owned by Commerzbank Auslandsbanken Holding AG, a subsidiary of the second-largest German bank Commerzbank AG. PSB has the following international credit ratings: “Ba2” from Moody’s Investors Service; “B” from Standard & Poor's; “B+” from Fitch Ratings. As of 1 October 2009, PSB had a network of 240 points of sale in Russia, including 48 branches, a foreign branch in Cyprus, and representative offices in China, India and Ukraine. Banking Group Promsvyazbank includes OJSC Promsvyazbank, OJSC Volgoprombank, OJSC Yarsotsbank and OJSC Nizhny Novgorod Bank. www.psbank.ru

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