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20 August 2004 Moscow main territorial administration the Bank of Russia registered the General Fund of the Bank «Absolut Confidence».

asset management clients to use the full range of financial instruments is one of the most promising directions Absolut Bank . In 2003, the average return on funds in trust the Bank exceeded 30% per annum in rubles.

Stablity Absolut Bank as a financial institution, experience and professionalism of its specialists to take prompt and informed decisions, provide high reliability and continuous investment income, substantially more than inflation and interest rates for deposits.

As of July 2004 the Bank is one of the largest participants in the stock market, taking 14 seats on the turnover among the largest participants in the market for government securities Micex and 25 in the ranking of active participants in the MICEX stock market with a turnover of more than 2.6 billion rubles .

General Fund of the Bank «Absolut Trust» start receiving funds from the August 30, the minimum amount of investment in the Fund is 100 000 rubles, 3 000 U.S. dollars or euros. Also accepted securities appraised value of not less than 100 000 rubles.

Help Editor:

Absolut Bank is a private Russian bank

Bank was founded in 1993 and has a general license CBR number 2306.

main focus of Absolut Bank is financing and banking services to Russian commercial companies and private individuals.

Absolut Bank has ratings International rating agency Fitch Ratings: long-«B-», short-term «B», the forecast of long-term rating - a stable, individual rating «D», rating support «5», National BB + (rus).

Absolut Bank is a member of the promotion of international trade in the European Bank for Reconstruction and Development.

According to the magazine «Profile» April 1, 2004, the Bank took 8 th place in rating the reliability of the largest Russian banks.

Press Service Bank «Absolut Bank» (JSC)

(095) 935-50-01

Fax: (095) 777-71-60

g . istratova @ absolutbank . ru