VTB BANK AWARDS BRAND AWARENESS DIPLOMA TO VTB BANK ARMENIA

ARKA
June 22, 2009

YEREVAN, June 22. /ARKA/. The VTB Bank OJSC has awarded the VTB Bank
Armenia) a diploma "High brand awareness level on the local market"
to the VTB Bank (Armenia).

The bank’s press service reported that the VTB Bank (Armenia) was
awarded the diploma in the POWER BRAND category for its achievements
in brand extension in 2007-2008 (57% spontaneous awareness), as well
as in raising the brand loyalty level.

The diploma was signed by Board Vice-Chairman, VTB Bank (OJSC)
V. Titov.

Vice-President, Head of the Advertising and Marketing Section, Public
Relations and Marketing Department, VTB Bank, E Mamsurova awarded the
diploma and a souvenir to a representative of the VTB Bank (Armenia)
at the summing-up of the 10th sitting of the Brand Management and
Marketing Communications Department, VTB Bank, on June 19.

The VTB Bank (Armenia) (until June 20, 2006, Armsavingsbank CJSC)
joined the VTB Group in April 2004. The bank is currently fully owned
by the VTB Group.

As of March 31, 2009, the bank’s assets totaled 105.8bln AMD,
liabilities 81.9bln AMD, total capital 23.9bln AMD and authorized
capital 13.8bln AMD.