Moscow, 21 April 2008 - UC RUSAL, the worlds largest aluminium and alumina producer, is pleased to announce the appointment of Jivko Savov to its Board of Directors. Jivko Savov is the Chairman of the Board of Directors at Eurosibenergo and Managing Director for Energy at EN+, where he has been managing a portfolio of power and energy assets since 2006. Mr. Jivko Savov worked for over 12 years in the energy sector within asset management, business development and structured finance. Commenting on his appointment, Jivko Savov said: I am delighted to have an opportunity to work with the highly

SKB-Bank’s former Financial Director Denis Repnikov was appointed the bank’s new Deputy Chairman on April 18, 2008. Denis P. Repnikov has been working for the company since April 2003. This means SKB-Bank now employs one First Deputy and four Deputy Chairmen.

Due to the rising number of forest fires, Chelyabinsk Region government decided to put a ban on hunting in the emergency zones. If fires keep breaking out, hunting anywhere in the region might be banned completely, the spokesperson for the Governor reports. Moreover, the region’s government prohibited hunting within the commons to prevent poaching. The only exception to the rule involves upland fowl, provided the authorities from Moscow forward their approval before April 24, 2008. Then, hunting he-ducks and woodcocks would be allowed on April 26-30, 2008 and from April 26, 2008 to May 5,

According to the National Managers’ League’s profitability ranking of unit investment trusts as of April 16, 2008, the share price of Troika Dialog Financial Sector (Troika Dialog Management Company) has gone down by 15.55% since the beginning of the year.

The volume of Yekaterinburg Municipal Bank’s own funds dropped by 16.1% in January-March 2008 and reached 466,092,000 RUR on April 1, 2008. This falls short of the figures for January 1, 2008 by 16.1%. These data are available from Bank Severnaya Kazna’s report on the financial success of Sverdlovsk Region, Chelyabinsk Region, Tyumen Region, and Perm Territory’s largest banks in the first quarter of 2008.

According to the National Managers’ League’s profitability ranking of unit investment trusts as of April 16, 2008, the share price of Russ Invest Stock and Bond (Russ Invest Management Company) has gone down by 16.14% since the beginning of the year.

URSA Bank introduced its eighth additional outlet in Chelyabinsk on April 18, 2008. The new office is located in Lenin Ave., right in the heart of the city. The solemn opening ceremony took place on noon: guests, URSA Bank employees, passers-by, and the office’s first customers clapped cheerfully as URSA Bank’s Managing Director Alexei Mizyulin and Chelyabinsk branch Director Andrei Rochev cut the traditional red ribbon at the door. ‘URSA Bank runs fifteen offices in Chelyabinsk Region at the moment, and this one has become the first outlet to be opened this year. In addition to this, we are

CEO Societe Generale Daniel Bouton is going to resign. The Financial Times reports this has to do with the financial scandal involving one of the bank’s traders who did $10bn worth of damage to the company. According to the bank’s press officer, though, the resignation is meant to signify the new page in the bank’s history after the whole thing is over.

According to the National Managers’ League’s profitability ranking of unit investment trusts as of April 16, 2008, the share price of BCS Consumer Sector Fund (BrokerCreditService Management Company) has gone down by 16.71% since the beginning of the year.

1.62 million RUR will be allocated from Chelyabinsk Region’s budget to set up Internet schools in the area. All of the region’s schools were provided with the Internet connection in July 2007, and these e-schools are going to become the next stage of the project that provides for virtual chemistry, physics, and biology labs and simulators that can assist the students in exam-taking. In addition, online lessons on all the topics a high school student is supposed to master within any given subject are provided. The study materials have been developed by the traditional textbook authors in

Central Bank of Russia reports volume of loans given by Uralfinprombank to sole traders for 181 days to 1 year went down by 10.61% (from 125.628 million RUR to 112.3 million RUR) in January-March 2008.