1Q08 Webcast and Conference Call Invitation

Bank Saint Petersburg will release its results for the 1st Quarter 2008 on Tuesday, June 10, 2008.

Conference call to discuss the results hosted by Konstantin Balandin, Deputy Chairman of the Management Board, Evgeny Gorodny, vice-president, will commence on Tuesday, June 10, 2008 at:

4 pm (MSK)
2 pm (CET)
1 pm (UK)

Dial-in number to access the conference call is as follows: +44 (0)20 7138 0823. To help ensure the conference begins in a timely manner, we kindly ask all participants to dial in 5 to 10 minutes prior to the scheduled start time.

Confirmation Code: 4642315. Participants will have to quote the above code when dialing into the conference.

The webcast along with the presentation will be available on the Company’s website.