1. Presentation
July 2010

2. Overview 2

3. Overview Bank of Moscow’s Key Strengths and Investment Highlights 3
Extensive distribution network in Moscow and key Russian regions
Well-diversified and solid client base of large corporate, SME and retail clients
5th largest bank in Russia in terms of total assets
3rd place by volume of retail deposits provides reliable and stable funding base
Strong risk profile
Moody’s: Baa1
Fitch: BBB-
Track record of strong support from the City of Moscow – the largest shareholder 3

4. Shareholder Structure4

5. Shareholder Structure
The City of Moscow has been the largest shareholder of the Bank since the Bank was established in 1995
Combined stake of the City of Moscow in the Bank’s share capital is 66.4%, including direct shareholding of the Property Department of the City of Moscow % and indirect shareholding of the companies of the Capital Insurance Group %. The Capital Insurance Group is, in its turn, controlled by the City of Moscow and the Bank of Moscow Group.
Mr. Andrey Borodin, Chairman of the Management Board, and Mr. Lev Alaluiev, citizen of the Russian Federation, indirectly jointly control 23.07% of the Bank’s share capital.
Since 2004 Bank’s shares are traded on MICEX.
The new 14th issue of shares for RUB 21 bln is planned to be completed by the middle of July 2010.
As the result, the capital of the Bank will be increased to RUB 108,3 bln (USD 3,5 bln).
Controlled by the City of Moscow 5

6. Business Overview 6

7. Business Overview Bank of Moscow’s Market Position 7
Top Russian Banks by Net Assets (RUB, bln)
Top Russian Banks by Retail Deposits (RUB, bln)
6 786
3 324
Top Russian Banks by Capital (RUB, bln)
Top Russian Banks by Loan Portfolio (RUB, bln)
13 350
5 481 7

8. Business Overview Ratings Reflect the Credibility of the Bank* 8 A2 A
Baa1
BBB+
Baa2
BBB
Baa3
BBB-
Ba1
BB+
Ba2 BB
Ba3
BB- B+
* Senior Unsecured Eurobond Ratings 8

9. Corporate and Investment Banking Asset Management & Private Banking
Business Overview
Business Lines
Retail Banking
Corporate and Investment Banking
Current and deposit accounts
Loan services
Mortgages
Debit and credit cards
Money transfers
Internet and telephone banking
Internet trading (“Mos-broker”)
Corporate lending
Syndicated loans
Trade finance and guarantees
Foreign trade and exchange operations
Debt Capital Markets (Local and International)
Payment and account services
Securities trading
Precious metals
Depositary services
Underwriting
Research
Asset Management & Private Banking
Private asset management services
Fund management services
Mutual and pension funds
Private Banking 9

10. Business Overview Retail Banking
No. 3 retail deposit taker in Russian Federation
RUB bln of term deposits and current accounts of individuals as of January 1, 2010*
Approved by CBR to participate in the Deposit Insurance System
Authorised bank of the Deposit Insurance Agency to manage retail accounts of the banks with withdrawn licences
Over 9,7 million retail customers as of January 1, 2010
As of May 1, mln plastic cards issued (compared to 11.0 mln as of January 1, 2009)
Variety of deposit products designed for different categories of retail customers
Wide range of services targeted at the inhabitants of the City of Moscow, including Muscovite Social Cards issued in partnership with VISA International. It is a combination of a bank debit card, an identification card, an insurance identification card and Moscow public transportation travel card designed for those Muscovites, who receive pay offs from the City’s budget.
1824 ATMs and self-service zones inside retail locations and offices throughout the country to allow customers to get services from ATMs such as credit payments, transfers, deposits, utility and mobile communication payments, etc.
Advanced Internet and Telephone banking
* Source: Bank of Moscow IFRS Consolidated Financial Statements as of December 31, 2010 10

11. Business Overview Corporate and Investment Banking
Over corporate clients as of January 1, 2010
Focus on stable sectors of Russian economy
Corporate banking dominates the asset side of the balance sheet:
as of January 1, 2010* corporate loans accounted for 80.8% of the Bank’s gross loan portfolio and stood at RUB bln*
involved in financing the key projects of the City of Moscow
Developing banking products and services targeted at SME clients
Increasingly active in trade financing
Provides payment services to commercial and public sector clients through branch network
Variety of investment banking services, including:
underwriting
debt issuance
research
asset management
* Source: Bank of Moscow IFRS Consolidated Financial Statements as of December 31, 2009 11

12. Business Overview Correspondent Banking and Trade Finance 12
Over 900 correspondent banks in 104 countries worldwide, including 65 new relationships established in 2009
Clean lines for trade related and treasury operations established by major international banks
RUB clearing bank for over 100 banks and one of the major providers of trade services in Russia
Variety of products offered:
L/C confirmations and deferred payments
Guarantees and Standby L/Cs
Post-financing
Pre-export financing
Financial with ECA coverage
Forfeiting
22,6% growth of the trade finance portfolio in 2009, including 39,3% increase of L/G’s
Eligible partner in Russia for the overwhelming majority of ECAs worldwide
Framework Credit Agreements signed with the leading international banks for ECAs covered financing 12

13. Business Overview Moscow-based with Wide Geographical Reach
137 outlets and 474 desks at postal offices in Moscow and Moscow Region
68 regional branches and 190 sub-branches
With total 394 outlets throughout the country - presence in 60 regions of Russian Federation
Foreign subsidiaries in Belarus, Latvia, Estonia, Ukraine, Serbia and Representative office in Frankfurt
United States of America
United States of America
Norway
“Eesti Krediidipank”
(Tallin)
“Latvian Businessbank”
(Riga)
Finland
Estonia
Vyborg
Petrozavodsk
Poland
Kaliningrad
Latvia
St. Petersburg
Byelorussia
Vologda
“Moscow-Minsk” (Minsk)
Velikiy Novgorod
Arkhangelsk
Yaroslavl
Moscow
Kovrov
Syktyvkar
Kirov
Ukraine
Orel
Tula
Nizhny Novgorod
“BM Bank” (Kiev)
Kursk
Lipetsk
Cheboksary
Berezniaki
Petropavlovsk— Kamchatsky
Rostov-on-Don
Belgorod
“Zarechye” (Kazan)
Kazan
Perm
Voronezh
Russian Federation
Izhevsk
Sochi
Krasnodar
Saratov
At the beginning of the year:
51 branch
1412 Amts – growth: 8%
Stavropol
Volgograd
Yekaterinburg
Maykop
Samara
Orenburg
Ufa
Tyumen
Yakutsk
Vladikavkaz
Astrakhan
Chelyabinsk
Turkey
Orsk
Omsk
Tomsk
Yuzhno—Sakhalinsk
Novosobirsk
Kazahkstan
Kemerovo
Kransnoyarsk
Khabarovsk
Barnaul
Novokuznetsk
Japan
Iran
Irkutsk
Ulan-Ude
Regional Branches
China
Vladisvostok
Subsidiary and Affiliate Banks 13

14. Business Overview Business Strategy 14
Prudent Risk Management Policy
Emphasis on the further increase of risk management efficiency
Rigorous control over the asset quality
Credit risk diversification and strengthening of underwriting standards
Business Efficiency and
Market Positions
Increase business efficiency
Maintain leading positions in the national banking industry
Tighten control over the quality of all business processes, costs and expenses
Increase and diversify the customer base
Maintain high quality of the loan portfolio
Provide flexible services and solutions to customers to address the current market environment
Retail Banking
Corporate Business
Increase and diversify the customer base
Maintain high quality of the loan portfolio coupled with a rise in cross selling
Provide flexible services and solutions to customers to address the current market environment
Private Banking
Offer services to wealthy individuals in line with international standards
Branch Network
Retain positions in the regions
Use the regional network to diversify client and risk concentration
PRESERVE ASSET QUALITY, EFFICIENCY OF BUSINESS AND MAINTAIN THE CURRENT MARKET POSITION 14

15. Business Overview
Conservative Credit and Market Risk Policies in Place
Vertically integrated risk management system penetrating the Bank, incl. regional branches, with
the CRO reporting directly to the CEO and the Management Board.
Credit Committee, Small Credit Committee and Mortgage Committee are authorised to make
independent lending decisions.
Based on recommendations and requirements of CBR, Basel Committee and auditors
Single borrower/economic group limits
Product type/geographic/industry concentration limits
Ongoing monitoring of borrower’s condition and collateral
Strengthening of underwriting standards to address the crisis
Credit Risk
Interest Rate Risk
Measured via gap and interest rate sensitivity models
Also employ stress testing and scenario analysis techniques
Limited open foreign currency position, stop-loss, borrower limits
Centralised control over exchange rates in currency operations
In accordance with CBR regulations, currency risk exposure cannot exceed 20% of the Bank’s aggregate capital in all currencies
Currency position is controlled by the CBR on a daily basis
Currency Risk
Liquidity Risk
Managed with the aid of scenario analysis, simulative, optimising and predictive modelling
Strict CBR controls on instant (N2) and current (N3) liquidity standards
Monitored on a daily basis 15

16. Business Overview
Bank of Moscow in International and Local Capital Markets
4 senior Eurobonds issued over the last five years
2 placements on the local debt market
2 syndicated Term Loans outstanding
In 2010 the Bank of Moscow raised 750 US$ bln from international markets
Eurobonds:
US$ 300,000,000 Eurobonds due the end of 2010
CHF 250,000,000 Eurobonds due 2011
US$ 500,000,000 Eurobonds due 2013
US$ 750,000,000 Eurobonds due 2015
LT2 Debt:
US$ 300,000,000 Subordinated Eurobonds due 2015
US$ 400,000,000 Subordinated Eurobonds due 2017
Local Bonds:
RUR 10,000,000,000 Bond due 2011
RUR 10,000,000,000 Bond due 2013
Syndicated Loans:
US$ 220,000,000 Syndicated Term Loan was repaid in 2009
US$ 105,000,000 Syndicated Term Loan was repaid in 2010
US$ 600,000,000 Syndicated Term Loan was repaid in 2010
US$ 30,000,000 & EUR105,000,000 Syndicated Term Loan due 2011
US$ 350,000,000 Syndicated Term Loan due 2011 16

17. Financial Overview 17

18. Financial Overview Overview of Assets 100% = RUB 825,1 bln 18
Asset Composition (2009)*
Assets in 2006 – 2009 (RUB bln)
100% = RUB 825,1 bln
Distribution of assets:
Treasury business: 19%
Corporate business: 63%
Retail business: 14%
Non-banking org. :0.9%
Non-allocated: 3.1
* Source: Bank of Moscow, IFRS Consolidated Financial Statements as of December 31, 2009. 18

19. Loan Portfolio Breakdown by Industry Sectors (2009)*
Financial Overview
Bank of Moscow’s Loan Portfolio
Loan Portfolio Breakdown by Industry Sectors (2009)*
Loan portfolio is well diversified by industries and geographically, which is in line with the credit risk management approach.
40% of the Bank’s gross loan book are concentrated in regions.
Focus is on the stable sectors of the Russian economy.
* Source: Bank of Moscow, IFRS Consolidated Financial Statements as of December 31, 2009 19

20. Overdue Loans and Allowance for Loans Losses
Financial Overview
Bank of Moscow’s Loan Portfolio (Cont’d)
Overdue Loans and Allowance for Loans Losses
As of December 31, 2009 the provisions totalled RUB 43,3 bln.
NPLs accounted for 3,94 % of the Bank’s gross loan portfolio.
The NPLs are 1,9 times covered by provisions.
Loan portfolio is collateralized by 1.9 times
Source: Bank of Moscow, IFRS Consolidated Financial Statements as of December 31, 2009 20

21. Liability Composition (2009) Liabilities in 2006 – 2009 (RUB bln)
Financial Overview
Overview of Liabilities
Liability Composition (2009)
Liabilities in 2006 – 2009 (RUB bln)
100% = RUB 738,5 bln
Strong deposit and well balanced base has always been one of the key advantages of the Bank.
As of December 31, 2009, customers accounts comprised 61,1% of the Bank’s liabilities.
Customer funds increased 11,0% in 2009.
* Source: Bank of Moscow, IFRS Consolidated Financial Statements as of December 31, 2009 21

22. Growth in Deposits (RUB bln) Composition of Client Deposit Portfolio
Financial Overview
Deposit Base
Growth in Deposits (RUB bln)
Composition of Client Deposit Portfolio
By Deposit Type
By Customer Type
Continued diversification of deposit base with the following sources of state funding available: CBR funding (unsecured and secured loans, repo transactions), Ministry of Finance and funds of state-owned corporations
Authorised bank to bid for the funds of the City of Moscow placed on a tender basis.
* Source: Bank of Moscow, IFRS Consolidated Financial Statements as of December 31, 2009. 22

23. Financial Overview Profit & Loss Highlights 23
Profit and Loss (RUB bln)*
Selected Profitability Ratios*
Cost/Income Ratio*
Operating Income (RUB bln)*
Cost/Income ratio: 48%
* Source: Bank of Moscow, IFRS Consolidated Financial Statements as of December 31, 2009. 23

24. Financial Overview Capital Adequacy 24 Capital Adequacy
Capital Base (RUB bln)
As of December 31, 2009 the Bank’s total capital position was sound with a total capital ratio (Basel 1 Accord) of 18.9%.
High quality of capital: Tier 1 Capital of RUB 86,6bn with the Tier 1 ratio of 12.8%.
The 13th share issue was completed to boost the capital by RUB 20 bln in July As of January 1, 2010 the CAR (CBR N1) stood at %.* This is well above 10% minimum limit set by the Bank of Russia.
On August 3, 2009 the Supervisory Board of Vnesheconombank (VEB) decided positively on extending a subordinated loan for RUB 11.1 bn to the Bank, which will further strengthen its capitalization.
min 8%
(Basel 1
Accord)
Source: Bank of Moscow, IFRS Consolidated Financial Statements as of December 31, 2009 24

25. Contact Information
Address: 8/15, bldg. 3, Rozhdestvenka str., Moscow , Russia
Telephone: (7 495) , Facsimile: (7 495)
Web site:
Telex: MBNK RU, MBANK RU SWIFT: MOSWRUMM
Reuters dealing code: MMBM
INTERNATIONAL DIVISION FINANCIAL INSTITUTIONS
Mr. Alexander NAUMOV Mr. Vladimir VASYATKIN
Managing Director General Manager
Tel.: (7 495) , ext Tel.: (7 495) ext. 1141
Fax: (7 495) Fax: (7 495)
TRADE FINANCE FUNDING AND INVESTOR RELATIONS
Mr. Alexander MUSIYKO Mrs. Anastasia BELYANINA
General Manager Managing Director
Tel.: (7 495) , ext Tel.: (7 495) ext. 1149
Fax: (7 495) Fax: (7 495) 25