Subsidiary Bank Sberbank of Russia (Kazakhstan) sold 10 bn bonds KZP01Y07E018 (KZ2C00001725, TXBNb6) at KASE

/KASE, February 20, 12/ - Subsidiary Bank JSC Sberbank of Russia (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE) are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of February 20, 2012: quote A special trading session was held in the trading system of JSC "Kazakhstan Stock Exchange" on February 16, 2012 to place Sberbank bonds of Firs issue under the Second bond program. Upon trading results, Sberbank as supposed placed 10 bn bonds raising KZT10.2 bn at weighted average yield of 6.75% APR. "We think the trading was successful. We were preparing ourselves for this event for a long time and very thoroughly and in the run-up to the placement we arranged for a business breakfast with investors where we told them about the Bank's plans and answered all of their questions. Besides, it is a pure coincidence that the rating agency Fitch last week affirmed our issue default rating at ВВВ-, outlook "Stable", which also gives confidence to our investors about the Bank. We are glad that these measures turned out to be efficient; investors showed lively interest and the demand exceeded the offer more than 1.7 times", - spoke on the placement the Bank's Chairman of Board Oleg Smirnov. Sberbank and Troika-Dialog acted as organizers of the placement. Iliya Davydov from the Investment Banking Department of Troika-Dialog also expresses his assurance that the placement of subordinated bonds of Sberbank in Kazakhstan was successful. "The bonds were sold beneath the lower margin of the declared yield range with substantial over-subscribing, and in our view, this placement was one of the most successful in Kazakhstan over the last six months, - points out I. Davydov, - the market is strong and we are sure, that powerful issuers the level of Sberbank can also in future carry out offerings at attractive rates". For additional comments please turn to the Bank's press-service: Lead specialist of PR service SB JSC "Sberbank", Marina Gazizova tel.+7(727) 334 22 79 ext. 2105 mob.+7 777 729 10 87 e-mail: marina.gazizova@sberbank.kz unquote [2012-02-20]