On appointment of provisional administration

In compliance with Clause 2 of Article 17 of the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’ and due to the revocation of the banking licence from the Moscow-based credit institution Commercial Bank Ascania Trust, limited liability company, or Commercial Bank Ascania Trust LLC (Bank of Russia Registration No. 286, date of registration — 14 August 1992) (Order No. OD-2044 of 8 August 2014) the Bank of Russia took a decision (Order No. OD-2045 of 8 August 2014) to appoint from 8 August 2014 a provisional administration to manage the credit institution Commercial Bank Ascania Trust, limited liability company, for a term in accordance with the Federal Law ‘On the Insolvency (Bankruptcy) of Credit Institutions’ until the arbitration court adjudication on the recognition of bankruptcy and initiation of bankruptcy proceedings (appointment of a receiver) or until the arbitration court adjudication on the appointment of a liquidator becomes valid.

Sergey V. Maslov, chief economist of the sector of interaction with credit institutions and Bank of Russia divisions responsible for supervision and inspection of accounting methodology of the accounting and reporting section of the Accounting and Reporting Division of the Bank of Russia Main Branch for the Central Federal District, has been appointed as the head of the provisional administration of the credit institution Commercial Bank Ascania Trust, limited liability company.

The provisional administration of the credit institution Commercial Bank Ascania Trust, limited liability company, also includes: N.N. Khudyakova, T.I. Kislyakova, Ye.V. Poltavskaya, P.A. Savkin, A.M. Demidov, T.N. Abakumova, A.V. Vasiliev.

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