ZAO «Raiffeisenbank Austria» and the State Pension Fund of the Russian Federation have concluded an agreement on the mutual certification of signatures.

On September, 15, 2004 ZAO“Raiffeisenbank Austria” and the State Pension Fund of the Russian Federation have concluded an Agreement on the mutual certification of signatures.

In accordance with the Agreement, ZAO“Raiffeisenbank Austria” receives the right to certify the applications of the insured people (the Clients) regarding the choice of the Management Company (investment portfolio) and the transition from the State Pension Fund of the Russian Federation to a Non-state Pension Fund providing obligatory pension insurance services.

Applications will be due from September 20, 2004 through October 1, 2004in ZAO“Raiffeisenbank Austria” Troitskoe branch in Moscow. The bank will certify the authenticity of the signature of the insured person and will submit the applications to the State Pension Fund of the Russian Federation.

ZAO“Raiffeisenbank Austria” is a universal bank with operations equally focused on commercial, retail and investment banking activities. It has operated in Russia since 1996 and offers a wide range of services to companies and private individuals.

Currently, the bank disposes of a leasing subsidiary OOO“Raiffeisen - Leasing”, a non-state pension fund “Raiffeisen” and “Raiffeisen Capital” Asset Management Company.