Agenda for the Annual Meeting of Shareholders is approved

At its meeting on February 27, 2008 the Supervisory Council of Bank Saint Petersburg discussed the Bank’s daily operations and approved an agenda for its Annual General Meeting of Shareholders, which will be held on April 29, 2008.

The agenda includes approval of the Bank’s annual report, dividends for 2007, terms of their payment and record date, approval of the auditors for 2008 and other issues, which should be approved by the Annual General Meeting of Shareholders.