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 Samara-based credit institution OPEN JOINT-STOCK COMPANY PRIORITET BANK or OJSC PRIORITET BANK (Bank of Russia Registration No. 3135, date of registration — 19 October 1994) (Order No. OD-2649 of 30 September 2014) the Bank of Russia took a decision (Order No. OD-2650 of 30 September 2014) to appoint from 30 September 2014 a provisional administration to manage the credit institution OPEN JOINT-STOCK COMPANY PRIORITET BANK 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.

Maksim P. Frolov, head of the internal security section of the Security and Information Protection Department of the Samara Regional Division, has been appointed as a head of the provisional administration of the credit institution OPEN JOINT-STOCK COMPANY PRIORITET BANK.

The provisional administration of the credit institution OPEN JOINT-STOCK COMPANY PRIORITET BANK also includes: A.V. Abalymova, S.A. Chumachenko, A.A. Suleymanova, Ye.A. Velkina, Ye.V. Melentieva, O.Yu. Shirykalov, N.Yu. Larina, Ye.V. Ryleeva, S.P. Doronin, O.A. Romanova, P.I. Tsikh, A.V. Vasiliev, I.A. Slyusarev.

The reference to the Press Service is mandatory if you intend to use this material.

30.09.2014 00.00.00