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VTB refutes rumours regarding closure of principal equity desk

21 September 2012

Today several media outlets have reported that VTB Group decided to shut down its principal equity desk. This information is incorrect. The Group has decided to wind down the principal equity book representing investments made with a view to benefit from long-term fundamental value growth.

VTB Group has not made any statements regarding the closure of any of its operating units.

VTB Group

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