Subsidiary Bank Sberbank of Russia (Kazakhstan) approved funding of an interest rate on the credit line of Kainar-AKB LLP within the project "Business Road Map 2020"

/KASE, July 21, 10/ - Subsidiary Bank Sberbank of Russia (Almaty), and bonds of which are listed in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the following press release: quotation starts Subsidiary Bank Sberbank of Russia the first among banks participated in the Program "Business Road Map 2020", within the third direction "Support of Exporting Producers" and approved funding of an interest rate on the credit line of Kainar-AKB LLP in the size of KZT2,281 m. Kainar-AKB LLP is the oldest plant producing lead accumulator in Kazakhstan, the Project was approved by Almaty Regional Coordination Committee to the total amount of KZT1,800 m. The company financial support will be implemented by the government as an interest rate part on the bank loan, according to the third direction of the Program "Business Road Map 2020" a company shall pay 4% on the loan, the remaining 8% shall be paid by the DAMU Fund without return. Chairman of Sberbank Managing Board Oleg Smirnov commented this event: "Kainar-AKB LLP is out old partner and client and we are pleased that this enterprise became the pioneer of the Program "Business Road Map 2020", which shall allow Kainar-AKB LLP putting into operation the second line of modernizing of lead accumulator production in the second half of 2010 and increasing the production by 1.5-2.5 times. In general, Sberbank has under this program implementation on three directions of interest rates funding has 12 credit application to the loans amount KZT9,211,461 th. I am confident that this program implementation shall facilitate strategically important enterprises development and the economy of Kazakhstan". Press Service of SB Sberabnk For information Tatyana Shevchenko Tel.: +7 (727) 266-80-79 Mobile.: +7 777-618-10-13 e-mail: press@sberbank.kz quotation ends [2010-07-21]