OREANDA-NEWS. On August 25, 2009 In connection with its previously announced offering of up to nine trillion ordinary shares with a par value of 0.01 roubles per share (the "Shares"), pursuant to which JSC VTB Bank’s shareholders as of 13 May 2009 (the "Record Date") may exercise their preemptive rights (the "Rights") to acquire a number of Shares that is pro rata to the number of shares held on the Record Date, JSC VTB Bank announced that the JSC VTB Bank Supervisory Council set the offering price for the Shares at 4,82 kopecks per share on 25 August 2009, reported the press-centre of VTB Bank.

The period for submitting Rights applications closed on 24 August 2009. Shareholders who have applied for their Rights, and who intend to exercise these Rights, must pay for the Shares during the period of 26 August 2009 to 1 September 2009. The placement period for Shares placed pursuant to the Rights shall commence on 26 August 2009 and end on 4 September 2009.

Shares may be paid for by transfer of funds from the shareholder’s account to JSC VTB Bank account with VTB24 (JSC) or in cash to VTB24 (JSC). The Shares must be paid for in Russian roubles.
 
The offer of the Shares and the distribution of these materials and other information in certain jurisdictions may be restricted by law and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.