On 30 October 2009, Calyon acted as joint mandated lead arranger and joint bookrunner for a USD 250 million syndicated IFC B-loanA loan syndicated by a Multilateral Financing Institution (MFI) in which the participating bank or other lender receives the same legal preferred creditor status as the MFI. This reduces the risk to the lender and improves the terms of the loan from the borrower's point of view. facility. The facility was launched at the initial amount of USD 175 million equivalent, but was subsequently increased due to oversubscription and then scaled down to the final amount of USD 250 million equivalent. A total of 16 banks from 10 countries joined the facility. The interest rate for this facility is 4% per annum over LIBORThe London Interbank Offered Rate is a daily reference rate based on the interest rates at which banks borrow unsecured funds from banks in the London wholesale money market (or interbank market). It is roughly comparable to the U.S. Federal funds rate.

/EURIBOR.

MDM Bank will use the proceeds of this syndicated loan for trade-related financing and other trade-related projects undertaken by the bank’s customers.

MDM Bank is a leading independent provider of banking services in Russia, comprised of two main banking units: corporate banking & investment banking as well as retail banking. Established in 1990, MDM Bank is currently one of Russia’s largest privately owned financial institutions in Russia, with a network of 350 points-of-sale in more than 160 cities.