Notification about Extra General Meeting of shareholders of Sotsinvestbank

Dear shareholders!

On the 19th of April 2008 Extra General Meeting of shareholders of Sotsinvestbank will take place.

Full name of the company: open joint stock company Sotsinvestbank.
Location of the company: 42, Frunze st., Ufa, Russia.
Location of the meeting: assembly hall (3rd floor), 42, Frunze st., Ufa.
Time of the meeting: 17.00 local time.
Time of the participants’ registration: 16.00 local time.
Date of composition of list participants: 8th February 2008.

The following issues are on the agenda:

1. Prescheduled discontinuance of The Board of Directors of Sotsinvestbank.
2. Decision of the number of members of The Board of Directors of Sotsinvestbank.
3. The election of The Board of Directors of Sotsinvestbank.
4. The election of members of Board of Administration of Sotsinvestbank.
5. The election of Director General of Sotsinvestbank.
6. The election of members to the Revision Committee of Sotsinvestbank.
7. The appointment of the bank’s auditors for 2008.
8. About reorganization by joining with Sotsinvestbank.
9. The approval of the new Charter of Sotsinvestbank.
10. The approval of an Authorised Signatory of the bank relating to registration of any corporate changes with the National Bank of Bashkortostan.

Initiative group of shareholders owning 51% of shares for convocation of the Extra General Meeting of shareholders of Sotsinvestbank.