1. 1 URALSIB BANK May 2007

2. 2 I. UralSib Financial Corporation

3. 3 UralSib Financial Corporation Today UralSib Financial Corporation Full range of financial services to support capital and business needs of Russian corporate sector 1087 points of sale in 81 regions (11 time zones) of the country offering banking, insurance, factoring, leasing, investment banking and asset management services More than 4.6 million private and corporate clients More than 200 foreign partner-banks in Europe, Asia and America Core Commercial Banking Private Equity Private Banking Asset Management Leasing Insurance Pension Fund Management Investment Banking

4. 4 St. Petersburg Voronezh Rostov on Don Elista Novorossisk Kazan Ufa Moscow Perm Ekaterinburg Tyumen Novosibirsk Irkutsk Khabarovsk Vladivostok WE ARE INTERNATIONAL, FEDERAL AND LOCAL covering 11 time zones in Russia Bank UralSib

5. 5 Bank URALSIB at a snapshot Bank URALSIB financial highlights, USD bln. URALSIB Financial Corporation is a leader in the key segments of the Russian financial market. The core of the Corporation, Bank URALSIB, is among the five largest banks in Russia. Bank URALSIB Ural-Siberian Bank IBG NIKoil Bank Kuzbassugolbank Avtobank-NIKoil Bryanskiy Narodny Upgraded May 5, 2005 Upgraded November 28, 2006 Upgraded November 27, 2006 “Ba3”, positive outlook “B+”, stable outlook “B+”, positive outlook Employees: Bank12 500 Corporation18 400 200420052006 Total assets5,9068,33711,6 Due to customers3,1964,8176,9 Loans to customers3,2284,6175,9 Total liabilities4,7876,8879,8 Total equity1,1201,4501,8 Profit before taxation0,0770,5010,215

6. 6 Russian banks by Assets, USD k Source: Central Bank of Russian Federation, URALSIB Estimates Source: RBC, URALSIB Estimates 01.10.0601.07.0601.01.06Q3 change, %change, % Assets463 317,6425 694,9338 757,98,1827,25 Capital55 94552 00443 144,26,9320,65 Loans312 092,2279 790,5221 297,710,8731,22 Deposits277 913,7258 482202 1686,8727,90 Key indicators, USD bln. Russian banks by Equity, USD mln. Source: Dengi Jan15 2007, URALSIB Estimates

7. 7 International Business Actual amounts and plans, US$ million End–2006 actual 1Q 2007 actual End-2007 plan Trade Finance including off- balance sheet items (L/Cs and Bank Guarantees) 963,41207,01409,4 Wholesale funding (syndicated and bi-lateral loans) 1364,31564,02108,9 Total2327,727533518,3 Direct business track-record with more than 200 foreign banks

8. 8 II. Partnership with EDC

9. 9 Medium-Term Financing 6EDC 3 URALSIB 4 6 EDC 3 URALSIB 4 8 5 8 2 Exporter 7 Importer 1 1. Commercial Contract 2. Importer’s Application to URALSIB 3. UralSib Application for financing to EDC 4. Approval of the Project by UralSib Credit Committee 5. Exporter’s Application to EDC 6. EDC’s Approval 7. 15% down payment 8. Signing of the credit documentation and disbursement

10. 10 Basic Terms and Conditions Financed goods and services: capital goods and associated services Tenor of financing: –up to 3-10 years under Medium-term Program –up to 2 years under Short-term Documentary Credit Insurance Program Financed portion: up to 85% of the Contract value + 15% Local Costs portion Repayment: in semi-annual installments Attractive cost of financing: –Interest rate –Insurance Premium –Fees

11. 11 Cooperation: EDC/Bank UralSib Beginning of partnership: early 2004 5 implemented transactions for the total amount of over USD 20 mio A number of industries covered by deals in the track record and pipeline: –Agriculture, –Mining; –Electrical engineering; –Construction; –Aircraft financing. USD 50,000,000 medium-term Credit Facility Agreement in force

12. 12 Leasing company profile: Over 2500 customers in 2006 Over USD 500 mln – new business in 2006 Largest leasing projects in rolling stock, construction and oil- exploration equipment, self-propelled vehicles and agricultural machinery in Russia Relationship with EDC Direct co-operation with EDC - since 2006 First deal concluded in early 2007; two projects to be finalized by the end of June 2007 Main existing partners in Canada - Buhler Versatile Inc., Morris Industries Ltd., MacDon Industries, Lovat Inc., Bombardier, etc. Our focus in Canada – Construction and agricultural equipment; New projects – Aircraft leasing for Corporates; Cooperation: EDC/UralSib Leasing

13. 13 Benefits of working with EDC/UralSib  Attractive rates and tenors  Broad regional coverage throughout Russia  Significant experience of cooperation since 2004  Pre-agreed documentation (Credit Line Agreement) in place  Immediate availability of limits under:  Medium-Term Program (USD 50,000,000);  Documentary Credit Insurance Program; extension may be considered in case of need  Flexibility in structuring deals as bank loans and leasing  Efficient procedures

14. 14 Contacts Anton Zur Head of Trade Finance Tel.: +7 (495) 723 7095 (direct) +7 (495) 785 1212, ext. 2897 Fax: +7 (495) 705 9060 Dmitry Lebedev Deputy Head of Trade Finance Tel.: +7 (495) 788-6165 +7 (495) 785 1212, ext. 2334 Fax: +7 (495) 705 9060 Marina Polyanskaya Head of Medium-Term Trade Finance +7 (495) 785 1212, ext. 3108 Fax: +7 (495) 705 9060 www.uralsib.ru