VTB BANK (ARMENIA) LAUNCHES CALL DEPOSIT VTB-VICTORY

ARKA
May 8, 2009

YEREVAN, May 8. /ARKA/. VTB Bank (Armenia) has launched a new call
deposit VTB-Victory on the eve of the May 9 Victory Day, the bank’s
press service reports.

The 91-day deposits (both in the national and foreign currencies) of
Armenia’s citizens (both residents and non-residents) have bonus rates
(in the range of 2% for dram deposits and 1% for foreign-currency
deposits) and are tailored for veterans, military servants and the
personnel of the Armenian and Russian defense ministries, as well as
national security services, general prosecutors’ offices and ministries
of home affairs.

The bank offers for free a VISA card for all depositors. Clients can
sign a contract on VTB-Victory deposit in all the branches of VTB
(Armeia) Bank.

The deadline is August 31, 2009.

The deposit is insured by the RA law guaranteeing remuneration of
bank deposits.

According to General Director of VTB Bank (Armenia), launching the
deposit, the bank aimed at assisting the Armenian society, particularly
those people who once made an immense contribution to their country.

VTB Bank (Armenia), former Armsavingsbank, joined VTB Group in
April 2004.

Russia’s VTB is the absolute shareholder of the bank.