12th Mar 2008 07:40
JSC VTB Bank12 March 2008 12 March 2008 OJSC VTB Bank (VTB) completes a REPO transaction with OJSC VTB Bank North-West(VTB NW) shares VTB is pleased to announce that it has completed a share repurchase transaction(REPO) with VTB NW shares initiated in February 2008. As a result, VTB stake inVTB NW increased from 71.5482% to 86.4572%. The REPO was carried out as astandard commercial trade with an unaffiliated company. -ends- Enquiries: VTB Tel: +7 (495) 739 77 99Elena Ershova e-mail: [email protected] Mokeeva NOTES TO EDITORSAbout VTB VTB is a leading Russian universal banking group offering a wide range ofbanking services and products across Russia, certain CIS countries and selectedcountries in Western Europe, Asia and Africa. VTB is focused on providingbanking products and services to Russian and CIS clients through its domesticand foreign operations and to foreign clients doing business primarily relatedto, or in, Russia and the CIS through its foreign banking subsidiaries andrepresentative offices. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
VTBR.L