Ukrsotsbank summarized the activities in the first quarter of 2008

As of 1 April 2008 the dynamics of the main indices of Ukrsotsbank is as follows:

• total bank loan portfolio reached UAH 27.645 billion having increased since the beginning of the year by 14.4%. The loan portfolio of individuals which since the beginning of the year increased by 12% and reached UAH 14.776 billion exceeds the volume of loans to legal entities which had grown up on the first quarter by 17.3% to UAH 12.868 billion.
• net assets amounted to UAH 34.072 billion having increased since the beginning of the year by 9.1%.
• the funds of legal entities deposited on thrift and current accounts amounts to UAH 7.178 billion.
• the funds of individuals reached UAH 7.967 billion having increased since the beginning of the year by almost 7%.
• the Bank’s capital amounted to UAH 3.324 billion.
• net profit for the first quarter of 2008 - UAH 130 million.

Note

JSCB Ukrsotsbank was established in September 1990. At present, it is among the largest banks in Ukraine. The branch network of the Bank comprises 508 offices – 481 off-balance offices and 27 regional branches. The number of employees exceeds 10 000.

Financial summary, as of 1 April, 2008:

• net assets amounted to UAH 34.072 billion
• loan portfolio – UAH 27.645 billion
• the funds of legal entities deposited on thrift and current accounts make UAH 7.178 billion.
• the funds of individuals reached UAH 7.967 billion.
• the Bank capital amounted to UAH 3.324 billion.
• net profit -UAH 130 million

On 23rd of January 2008, UniCredit Group finalized the acquisition of 94,2% total shareholders capital of Ukrsotsbank from the group of investors that were represented by international consulting company EastOne (shareholders’ saler) through Bank Austria Creditanstalt AG (BA-CA), which is responsible for commercial banking activity in CEE.