VTB Bank Supervisory Council Meeting

14 April 2010

VTB Bank Supervisory Council Meeting

On 14 April 2010, the VTB Bank Supervisory Council meeting resolved to convene the Bank's Annual General Shareholders Meeting on 4 June 2010.

The General Shareholders Meeting is to take place at the Russia State Concert Hall: 24, bld 2, Luzhniki, Moscow.

The list of persons eligible to participate in the General Shareholders Meeting will be based on the VTB Bank Shareholders' Register as of 16 April 2010. Registration will start at 10:00 on 4 June 2010. The Meeting will open at 13:00.

The VTB Bank Supervisory Council has set the following agenda of the General Shareholders Meeting:

1. Approval of the VTB Bank Annual Report

2. Approval of the VTB Bank Annual Financial Statements including Income and Loss Statement  (VTB Bank Income and Loss Account)

3. VTB Bank profit allocation as at 2009 financial year-end

4. Announcement of the VTB dividends, amount, time and form of the dividend payment

5. Payment of remuneration to the VTB Bank Supervisory Council members who are not state employees in compliance with the VTB Bank by-laws

6. Approval of the number of the VTB Bank Supervisory Council members

7. Election of the VTB Bank Supervisory Council members

8. Approval of the number of the VTB Bank Statutory Audit Commission members

9. Election of the VTB Bank Statutory Audit Commission members

10.Approval of the VTB Bank Auditor

11.Approval of interested party transactions to be entered into by VTB Bank during its standard commercial business

12.Restructuring of VTB Bank: VTB Bank North-West merger

13.Approval of a new edition of the VTB Bank Charter

14.Approval of the Regulation on the Procedure for Preparing, Convening and Holding VTB Bank General Shareholders Meetings

15.Approval of the Regulation on the VTB Bank Supervisory Council

16.Approval of the Regulation on the VTB Bank Management Board

17.Approval of the Regulation on the VTB Bank Statutory Audit Commission.

Also, the VTB Bank Supervisory Council discussed in detail the dividend payment for the year 2009.

Contacts

Investor Relations:

Tel.: +7 495 775 71 39

Email: [email protected]