General Motors and Raiffeisenbank Offer Special Credit Programme

General Motors and ZAO Raiffeisenbank are offering a special credit programme for the purchase of Chevrolet, Opel, and Saab cars. The offer is valid from 1 May through 30 June 2009 inclusive.

The GM Finance programme allows consumers to buy cars on credit at a 4.9% annual interest rate while saving on time and paperwork. The difference in the bank’s and dealerships’ interest rates will be compensated by dealer discounts on the cars. The minimum down payment for this deal is 20% of the total cost of the car.

Full information on the conditions for all of Raiffeisenbank’s automobile financing programmes may be found on the bank's website under «Retail Banking — Car Loans».

General Motors Corp. (NYSE: GM), one of the world's largest automakers, was founded in 1908, and today manufactures cars and trucks in 34 countries. With its global headquarters in Detroit, GM employs 243,000 people in every major region of the world, and sells and services vehicles in some 140 countries. In 2008, GM sold 8.35 million cars and trucks globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM's largest national market is the United States, followed by China, Brazil, the United Kingdom, Canada, Russia and Germany. In Europe, GM sells its vehicles in over 40 markets. It operates 9 vehicle-production and assembly facilities in six countries and employs about 50,000 people. More information on GM can be found at media.gmeurope.com and www.gmeurope.com. GM Europe executive blog at drivingconversations.com.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is ranking 9th in terms of assets among the Russian banks based on 1Q 2009 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 4th in Russia in terms of private deposits and 6th in consumer lending in Russia based on 1Q 2009 results.

Raiffeisen International operates one of the largest banking networks in CEE. 17 markets in Europe's growth region are covered by subsidiary banks, leasing companies and a range of other financial service providers. The group’s more than 63,000 employees service over 14.7 million customers via more than 3,200 business outlets. Raiffeisen International is a fully consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns about 70 per cent of the common stock. The remainder is in free float, the shares are listed on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the country's largest banking group.