Servicing of Government Foreign Bond Issues of the Russian Federation

Acting as an official paying agent bank for the Russian Government in servicing government foreign bond issues of the Russian Federation Vnesheconombank is responsible for making payments on the principal debt and coupons with regard to two 1998 foreign bond issues as well as to foreign bond issues with final maturity dates in 2010 and 2030.

On 30.03.2010, in accordance with the established payment schedules Vnesheconombank made a regular interest and principal payment on the bond issue with a final maturity date in 2030 and repaid the final portion of the principal with interest on the bond issue with a final maturity date in 2010. Thus, payments on eurobonds with final maturity date in 2010 were fully completed and made.

As of 01.04.2010, the principal debt on the two 1998 bond issues of the Russian Federation was 5.97 billion US dollars and on the bond issue with the final maturity date in 2030 — 19.52 billion US dollars.