Changes in Tariffs and interest rates for personal term deposits become effective from February 10, 2006.

Dear Customers!

We are writing to inform you that the Bank has raised interest rates in roubles and US dollars for personal term deposits and for personal flex-term deposits with ZAO Raiffeisenbank Austria.

The amendments to the interest rates become effective from February 10, 2006.

For more details on the changes, please ask Bank staff for copies of the new versions of the Tariffs.

Also we would like to remind you of introduction of cash withdrawal fees from 19 January, 2006 (these changes do not apply to the employees of companies that have agreement with ZAO Raiffeisenbank Austria on the transfer of salaries to the accounts of the company`s employees with Raiffeisenbank and also to the borrowers of Raiffeisenbank who withdraw mortgage loan amount).

Best regards,
ZAO Raiffeisenbank Austria