Bank to call the extraordinary Shareholders Meeting

On May 28, 2009, the Supervisory Board of the Bank Saint Petersburg took the decision on a calling of the extraordinary Shareholders Meeting. The decision was dictated by the need of the introduction of the amendments to the Bank’s Charter.

The Supervisory Board determined the record date – June 2, 2009 and the date of the Shareholders Meeting – July 22, 2009.

The agenda for the extraordinary Shareholders Meeting is to be approved in June, 2009. It will include the issue of the introduction of the new type of the preferred shares; that implies new capacity for the Bank in terms of the possible capital increase.