Sections |
| Title | Starting Page | Number of Pages |
|---|
| MOODY'S PLACES RUSSIAN FEDERATION RATINGS ON REVIEW FOR POSSIBLE UPGRADE | 1 | 2 |
| TOP NEWS | 2 | 1 |
| BANKS, OIL COS TO CO-FOUND PETROLEUM EXCHANGE IN RUSSIA | 2 | 2 |
| FINANCIAL POLICY | 3 | 1 |
| BANKING COUNCIL TO CONSIDER RESERVES AUDITS IN APRIL | 3 | 1 |
| CABINET DECIDES TO ALLOCATE FUNDS OF STATE COMPANIES TO SUPPORT BANKING-KUDRIN | 3 | 1 |
| DUMA TO CONSIDER BILL TO TACKLE NON-MARKET INTEREST RATES ON BANK DEPOSITS | 3 | 1 |
| RUSSIA COULD START NEGOTIATING EARLY S. KOREA DEBT REPAYMENT-SOURCE | 4 | 1 |
| NABIULLINA REPLACES GREF AT NATIONAL BANKING BOARD | 4 | 1 |
| FORECAST | 4 | 1 |
| STRUCTURED FINANCE MARKET COULD RECOVER LATE 2008-EARLY 2009-MOODY'S | 4 | 1 |
| RUSSIAN MORTGAGE MARKET EXPECTED TO EXPAND BY $20 BLN IN 2008 | 4 | 2 |
| STATISTICS | 5 | 1 |
| RUSSIA HAD 0.9% INFLATION IN MARCH 1-24-ROSSTAT | 5 | 1 |
| ECON MINISTRY RAISES 2008 INFLATION FORECAST TO 9.5%, GDP FORECAST FO 2008 UP TO 7.1% | 5 | 2 |
| ECON MINISTRY FORECASTS TRADE DEFICIT FROM 2011, CAPITAL OUTFLOW AT $30 BLN-$40 BLN | 6 | 1 |
| ECON MINISTRY FORECASTS RUBLE TO STOP STRENGTHENING FROM 2010 | 6 | 1 |
| GOLD IN RUSSIAN RESERVES UP 2.9%-WGC | 7 | 1 |
| RUSSIAN MONEY SUPPLY GROWS 1.3% TO 13.08 TRLN RUBLES IN FEB-CB | 7 | 1 |
| FIXED CAPITAL INVESTMENT IN RUSSIA SOARS 21.2% IN FEB, ABOVE EXPECTATIONS | 7 | 1 |
| FISCAL REVENUE IN RUSSIA UP 37.6% TO 1.025 TRILLION RUBLES IN 2 MTHS | 7 | 1 |
| RUSSIAN BANKS' DEMAND FOR LIQUIDITY HITS YEAR-HIGH 5 BLN RUBLES | 7 | 2 |
| OFFICIAL COMMENTS | 8 | 1 |
| INFLATION BECOMING HARDER TO PREDICT IN 2008-KUDRIN | 8 | 1 |
| VAT COULD BE LOWERED IN 2010-2011-KUDRIN | 8 | 2 |
| DECISION TO RAISE GAS NRET PUT BACK TO 2010-KUDRIN | 9 | 1 |
| KUDRIN PRAISES INVESTMENT OF RESERVE, NATIONAL WELFARE FUNDS | 10 | 1 |
| KUDRIN WARNS AGAINST TURNING RUSSIA INTO FINANCIAL OFFSHORE ZONE | 10 | 1 |
| RUBLE TO BECOME RESERVE REGIONAL CURRENCY-SHUVALOV | 10 | 2 |
| SALE OF SUBSURFACE RESOURCE RIGHTS TO BRING RUSSIAN BUDGET 100 BLN RUBLES IN 2008 | 11 | 1 |
| RUSSIAN BANKS | 11 | 1 |
| M&A AND DEVELOPMENT | 11 | 1 |
| VTB TO SPEND $500 MLN IN 2 YRS TO DEVELOP INVESTMENT BUSINESS-KOSTIN | 11 | 1 |
| VEB TO INVEST 30 BLN RUBLES INTO TAMBOV-BASED PROJECTS | 11 | 1 |
| SHAREHOLDER STRUCTURE | 11 | 1 |
| VTB NOT PLANNING SHARE BUYBACK, BUT MONITORING SITUATION-KOSTIN | 11 | 2 |
| TRANSCREDITBANK BOOSTS COMMON SHARE STAKE IN VOZROZHDENIE TO 7% | 12 | 1 |
| SOBINBANK SELL 35% OF SHARE ISSUE TO RUSAGRO'S MOSHKOVICH | 12 | 1 |
| LOANS | 12 | 1 |
| GAZPROMBANK RAISES $450 MLN SYNDICATED LOAN-SOURCE | 12 | 1 |
| ALFA-BANK COULD BORROW APPROX $2 BLN IN 2008 | 13 | 1 |
| RAIFFEISENBANK EXPECTS TO INCREASE SYNDICATED LOAN TO $900 MLN-$1 BLN | 13 | 1 |
| NOMOS-BANK TO RAISE $80 MLN SYNDICATED LOAN AT LIBOR+1.55% BY END OF APRIL | 13 | 1 |
| PRIVATBANK RAISES $200 MLN SYNDICATED LOAN AT LIBOR+0.75% | 13 | 2 |
| FINANCIAL INSTRUMENTS | 14 | 1 |
| GAZPROMBANK NOT YET DROPPING 2008 IPO PLANS | 14 | 1 |
| BANK SAINT PETERSBURG TO CONVERT GDRS INTO COMMON SHARES IN JUNE | 14 | 1 |
| MBRD TO OFFER 3 BLN RUBLES IN BONDS APRIL 3 | 14 | 2 |
| RUSSIAN STANDARD BANK TO OFFER 10 BLN RUBLES IN BONDS | 15 | 1 |
| RUSFINANCE CALLS OFF BOND OFFERING | 15 | 1 |
| FINANCIAL RESULTS | 15 | 1 |
| SBERBANK UPS NET PROFIT 63% IN JAN-FEB TO 23 BLN RUBLES | 15 | 2 |
| KOSTIN TO RECOMMEND DIVIDEND INCREASE FOR 2007 | 16 | 1 |
| UNICREDIT BANK BOOSTS IFRS NET PROFIT 13% IN 2007, LOAN PORTFOLIO UP 65% | 16 | 1 |
| ZENIT BANK REDUCES 2007 DIVIDEND PAYOUT BY 36% | 16 | 2 |
| VOZROZHDENIE BANK NET PROFIT FORECAST AT 1.81 BLN RUBLES IN 2007 | 17 | 1 |
| CENTRAL BANK | 17 | 1 |
| BANK RATES ON LOANS TO NON-FINANCIAL ENTERPRISES HIT 11% IN FEB-CENTRAL BANK | 17 | 1 |
| APPOINTMENTS & RESIGNATIONS | 17 | 1 |
| SOBINBANK FORMS NEW BOARD OF DIRECTORS | 17 | 1 |
| SHAREHOLDER & BOARD MEETINGS | 17 | 1 |
| VTB TO HOLD AGM JUNE 26 | 17 | 2 |
| VTB 24 SHAREHOLDERS TO VOTE ON RAISING CHARTER CAPITAL ON APR 16 | 18 | 1 |
| EEFC BANK PLANS TO DOUBLE CHARTER CAPITAL | 18 | 1 |
| VEB'S SUPERVISORY BOARD TO VOTE ON DEVELOPMENT STRATEGY ON APRIL 3 | 18 | 1 |
| RATING ACTIONS | 19 | 1 |
| S&P RAISES NOVOSIBIRSK RATINGS | 19 | 1 |
| S&P RAISES RUSSIAN CITY OF BRATSK RATINGS TO 'B+/RUA+', STABLE OUTLOOK | 19 | 1 |
| FITCH RATES RUSSIA'S TAMBOV REGION 'BB-', STABLE OUTLOOK | 20 | 1 |
| FITCH PUTS B.I.N. BANK ON RATING WATCH POSITIVE | 20 | 2 |
| NONBANK FINANCIAL INSTITUTIONS | 21 | 1 |
| FTSE RUSSIA IOB INDEX ADDS GDRS OF SIX COMPANIES | 21 | 1 |
| GOVT DROPS PLANS TO PRIVATIZE ROSGOSSTRAKH STAKE IN 2008-SOURCES | 21 | 2 |
| MONDIAL ASSISTANCE OPENS BUSINESS UNIT IN RUSSIA | 22 | 1 |
| ROSNO POSTS $20 MLN PROFIT FOR 2007 | 22 | 1 |
| EX-SEC, NYSE HEAD DONALDSON NAMED ADVISOR TO RENAISSANCE CAPITAL | 22 | 1 |
| FOREIGN FINANCIAL INSTITUTIONS | 22 | 1 |
| NABIULLINA APPOINTED RUSSIAN DIRECTOR AT EBRD | 22 | 1 |
| TRENDS | 23 | 1 |
| DOLLAR NEARS 9-YEAR LOW | 23 | 1 |
| OFZ MARKET LACKS COMMON TREND | 24 | 2 |
| RUSSIAN EUROBONDS CONSOLIDATE | 25 | 1 |
| MINFIN BOND PRICES, % | 26 | 1 |
| OIL SHARES LEAD STOCK MARKET UP | 26 | 2 |
| BEST PERFORMERS | 29 | 1 |
| WORST PERFORMERS | 29 | 1 |
| STOCK INDEXES | 29 | 1 |
| CIS AND THE BALTIC | 30 | 1 |
| UKRAINE | 30 | 1 |
| UKRAINE CAN DO WITHOUT FOREIGN LOANS BUT INFLATION HIGH-PM | 30 | 1 |
| UKRAINE CENTRAL BANK ACCUSES GOVT OF NEGLECTING ECONOMICS | 30 | 1 |
| UKRAINIAN LEADERSHIP TO STICK TO BANK OF UKRAINE INFLATION FORECAST FOR 2008- OFFICIAL | 31 | 1 |
| NATIONAL BANK OF UKRAINE AUTHORIZES GREECE'S ALPHA BANK TO ACQUIRE ASTRA BANK | 31 | 1 |
| RODOVID BANK MAY HOLD IPO ON LSE | 31 | 1 |
| FITCH AFFIRMS VTB BANK (UKRAINE), OUTLOOK POSITIVE | 31 | 2 |
| UKRAINE'S IMEXBANK ISSUES NEW SHARES | 32 | 1 |
| UKRSOTSBANK PLANS TO RAISE CHARTER CAPITAL 5% | 32 | 1 |
| GREECE'S ALPHA BANK HOPES TO CLOSE PURCHASE OF KYIV'S ASTRA BANK IN Q2 | 32 | 1 |
| BELARUS | 32 | 1 |
| BELARUS Q1 INFLATION FORECAST AT 3.7% | 32 | 2 |
| RBS AND SWEDBANK LOOKING INTO PURCHASING STAKES IN MAJOR BELARUSIAN STATE BANKS | 33 | 1 |
| GOODMORNING SHINHAN INTERESTED IN BELARUSBANK | 33 | 1 |
| BELGAZPROMBANK AIMS TO BOOST ASSETS 270% BY 2012 | 33 | 2 |
| VTB TO INVEST $20 MILLION INTO CHARTER CAPITAL OF BELARUSIAN SUBSIDIARY | 34 | 1 |
| KAZAKHSTAN | 34 | 1 |
| CITIGROUP AND NYSE EURONEXT FORECAST ECONOMIC GROWTH FOR KAZAKHSTAN | 34 | 2 |
| KOOKMIN BANK TO FINALIZE PURCHASE OF STAKE IN KAZAKHSTAN'S CENTERCREDIT BY NOV | 35 | 1 |
| KAZAKHSTAN'S HALYK BANK BOOSTS ASSETS 60% IN 2007 | 35 | 1 |
| ALLIANCE BANK DOES NOT FORECAST GROWTH IN 2008 | 35 | 2 |
| BANK CENTERCREDIT BORROWED $70 ML FROM EDB | 36 | 1 |
| KYRGYZSTAN | 36 | 1 |
| NATIONAL BANK OF KYRGYZSTAN REDUCES INTERNATIONAL RESERVES 3% IN JAN-FEB | 36 | 1 |
| TAJIKISTAN | 36 | 1 |
| RUSSIA APPROVES TAJIKISTAN DEBT RESTRUCTURING AGREEMENT | 36 | 2 |
| TAJIKISTAN ASKS WORLD BANK TO SPEED UP FEASIBILITY STUDY FOR ROGUNA HPP | 37 | 1 |
| GEORGIA | 37 | 1 |
| FOREIGN INVESTMENT IN GEORGIA REACHES $500 MLN YEAR-TO-DATE-PM | 37 | 1 |
| VTB UPS STAKE IN GEORGIAN SUBSIDIARY TO 77% | 37 | 1 |
| FITCH AFFIRMS GEORGIA'S 'BB-' RATING, STABLE OUTLOOK | 37 | 2 |
Tables |
| Title | Starting Page | Number of Pages |
|---|
| FINANCIAL INDICATORS | 1 | 1 |
| Exchange Rate For Ruble Against Leading World Currencies | 23 | 1 |
| Average Ruble/Usd Exchange Rates On MICEX | 24 | 1 |
| Average Ruble/Eur Exchange Rates On MICEX | 24 | 1 |
| Official Exchange Rates For CIS And Baltic Nations | 24 | 1 |
| Results Of Russian Stocks Trading In Russian Trading System | 27 | 3 |
Graphs |
| Title | Starting Page | Number of Pages |
|---|
| OFFICIAL EXCHANGE RATE RUBLE/$1 | 1 | 1 |
| Official Exchange Rate For Dollar To Ruble | 23 | 1 |
| Average YiElD On Securities | 25 | 1 |
| GKO-OFZ MARKET VOLUME BY PRICE | 25 | 1 |
| MINFIN YIELD | 26 | 1 |
| Fifth Tranche | 26 | 1 |
| Seventh Tranche | 26 | 1 |
| Russian USD Denominated Eurobonds' Prices | 26 | 1 |
| Akron | 29 | 1 |
| Uralkaliy | 29 | 1 |
| Ogk-2 | 29 | 1 |
| Ursa Bank | 29 | 1 |
| RTS Index | 29 | 1 |
| RTS-Oil & Gas | 29 | 1 |
| RTS-Telecom | 30 | 1 |
| RTS-Metals & Mining | 30 | 1 |
| RTS-Industry | 30 | 1 |
| RTS-Consumer & Retail | 30 | 1 |
