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Information message

 
20 September 2010

In light of inadequate information published by some mass media with regard to JSC VTB Bank lawyers filing a bankruptcy lawsuit against the Phaeton Holding Company to the Arbitration Court of St. Petersburg and Leningrad region, VTB Press Office announces the following: Printing errors in the debtor’s details were made by the Court when making a decision to introduce supervision over the Phaeton Holding Company.

On 15 September 2010, the Court made a decision to correct the errors based on the Bank’s statement (this information is available on the Court’s website). The Court’s decision to introduce supervision over the Phaeton Holding Company remains in force.

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