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Raiffeisen retail loan portfolio exceeds 1 billion USD in Russia.

The retail loan portfolio of ZAO Raiffeisenbank Austria exceeded theamount of 1 billion USD* (RUR 26.9 billion**) at the end of October2006. The portfolio has therefore doubled since the July 1, 2005,reflecting the strategic focus of its owner Raiffeisen InternationalBank-Holding AG. Raiffeisenbank is one of the leading retail banks inRussia, ranking 8th in the market in terms of consumer lending (based onQ3 2006 data published by CEA Interfax).

“This significant increase of our credit portfolio is a result of our constant focus on continuously improving our lending programs, the launch of new credit products and the expansion of our branch network,” - stated Roman Vorobiev, Member of the Managing Board, responsiblefor Consumer Banking.

The main drivers of the growth of the retail loan book are car loans aswell as mortgage loans. Both product groups account for more than 75 percent of the portfolio. In the area of car loans Raiffeisenbanksuccessfully cooperates with an increasing number of official cardealers. One of the key credit products of Raiffeisenbank is mortgageloans, where Raiffeisenbank has been a pioneer in this rapidlydeveloping market. Since the beginning of this year, the conditions formortgage loans have improved considerably: a wide range of creditproducts had been developed with different conditions, lower rates andtenors of up to 25 years. In addition, a new refinancing program hasbeen launched.“In response to the increased interest for mortgages, we have introduced a new service in the market. The mortgage loan Saturdays allows our clients to receive consultancy and submit an application for a mortgage loan on Saturdays at specialized outlets,” - Vorobiev emphasized.

The regional branches play a vital role in the expansion of the creditportfolio of Raiffeisenbank, contributing approximately one third to theportfolio (as of end of October,2006). Raiffeisenbank is ranked 9th interms of assets among top Russian banks based on Q3 2006 results (CEAInterfax). At the end of September the Bank operated 37 businessoutlets, most of them in Moscow, 5 branches in Saint Petersburg andregional branches in Ekaterinburg, Samara, Novosibirsk, Chelyabinsk,Nizhny Novgorod, Krasnodar, Krasnoyarsk and Perm. In terms of corporateloan portfolio Raiffeisenbank is ranked 9th based on Q3 2006 results(CEA Interfax).

Among the leading retail banks Raiffeisenbank is the 8th largest bank inRussia in terms of consumer lending and 8th in terms of private depositsbased on Q3 2006 results (CEA Interfax). Raiffeisenbank will be mergedin 2007 with Impexbank, which was acquired by Raiffeisen Internationalearlier this year, making the group the largest western bank in Russiaand the CIS. Impexbank operated as of the end of September 205 businessoutlets covering a major part of Russia. The new bank will be brandedRaiffeisenbank.

* * * * *

ZAO Raiffeisenbank Austria is a subsidiary of Raiffeisen InternationalBank-Holding AG which operates one of the leading banking networks inCEE with subsidiary banks and leasing companies in 16 markets. More than11.7 million customers are attended to through more than 2,775 businessoutlets. In eight markets, the respective Network Bank ranks among thethree largest local banks. Representative offices in Lithuania andMoldova complement the Group''s presence in the region. RaiffeisenInternational is a fully consolidated subsidiary of RaiffeisenZentralbank ?sterreich AG (RZB), which owns 70 per cent of the commonstock. The remaining 30 per cent is free float, the shares are traded onthe Vienna Stock Exchange. RZB is a leading corporate and investmentbank in Austria and the central institution of the Austrian RaiffeisenBanking Group, the country''s largest banking group.

* Non audited data

** Official rate of exchange as of 31st of October– RUR 26,7477.


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