OREANDA-NEWS. April 07, 2010. JSC Alliance Bank (the “Bank”) announces that in conjunction with the successful completion of its restructuring, its subsidiary ALB Finance B.V. has submitted an application to the London Stock Exchange for the cancellation of the listings of the following debt securities which were cancelled on 26 March 2010 pursuant to the terms of the Bank’s restructuring plan:

• USD 250,000,000 8.75% Notes due 2011 (Common Code: 025184696 ISIN: XS0251846969);

• USD 200,000,000 9% Notes due 2010 (Common Code: 023428326 ISIN: XS0234283264);

• USD 350,000,000 9.25% Notes due 2013 (Common Code (Reg S): 026881811 Common Code (Rule 144A): 0156EAA9 ISIN (Reg S): XS0268818118 ISIN (Rule 144A): US00156EAA91 CUSIP: 00156E AA9);

• EUR 750,000,000 7.875% Notes due 2012 (Common Code: 028485905 ISIN: XS0284859054);

• 250,000,000 9.75% Notes due 2011 (Common Code: 028655240 ISIN: XS0286552400); and

• USD 150,000,000 9.375% Perpetual Non-cumulative Capital Securities (Common Code: 025170261 ISIN: XS0251702618).

The cancellation of the listings of these debt securities will take effect on 7 May 2010.