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Cooperation Agreement signed between Vneshtorgbank and 'Rosspirtprom' FSUE

10 February 2005

Vneshtorgbank and `Rosspirtprom` Federal State Unitary Enterprise have entered into a Cooperation Agreement designed to further define the main guidelines of mutually reinforcing relationship.

In particular, the parties have recognized the need for a closer and more meaningful cooperation in a number of spheres, which includeong others, providing comprehensive banking solutions by Vneshtorgbank to the enterprise and its branches, offering cash and settlements services, as well as ensuring professional advisory and information services within the framework of joint projects.

Moreover, additional opportunities have been identified that will enable the parties to apply innovative finance management technologies aimed at generating better financial performance of `Rosspirtprom` FSUE and upgrading its internal payment system.

With a new agreement signed, Vneshtorgbank has once again demonstrated its strategic resolve to advance in extending financial support to domestic producers.

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