The increase will be carried out by means of the private placement of 739.435 million of ordinary registered shares with a nominal value of UAH 1. The shareholders have the preemptive right to buy additional shares proportionally to their share of the Bank’s authorized fund as of the date of the placement.

Mikhail Fridman, Chairman of the Supervisory Board of Alfa Group Consortium, visited Annual key employees conference of Alfa-Bank (Ukraine ) which took place in Premier Palace , on October 19, 2009.