ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of May 11, 2010 No. 325

About implementation of the rights of the Russian Federation provided by the Federal Law "About Use of Government Securities of the Russian Federation for Increase in Capitalization of Banks"

The government of the Russian Federation decides:

1. Approve the enclosed Regulations on appointment of the representative of the Russian Federation as a part of the board of directors (supervisory board) of bank and its powers on realization of the rights of the Russian Federation provided by the Federal Law "About Use of Government Securities of the Russian Federation for Increase in Capitalization of Banks" (further - the Federal Law).

2. Determine that the Ministry of Finance of the Russian Federation performs on behalf of the Russian Federation shareholder rights according to the preferred shares of banks placed according to the Federal Law, before date of alienation (converting in ordinary shares) the Russian Federation all preferred shares of bank owned by it placed within the procedure of increase in capitalization.

In case of converting by the Russian Federation of the preferred shares of bank owned by it placed within the procedure of increase in capitalization in ordinary shares of bank of shareholder right on these ordinary shares are performed by Federal Agency for State Property Management.

3. The Ministry of Finance of the Russian Federation for the purpose of realization of the rights of the Russian Federation according to the preferred shares of banks placed according to the Federal Law performs on behalf of the Russian Federation legal acts on protection of property and other rights and legitimate interests of the Russian Federation under management of the specified shares.

4. Determine that the Regulations on management of the shares of open joint stock companies which are in federal property and use of the special participation right of the Russian Federation in management ("golden share") of open joint stock companies approved by the Order of the Government of the Russian Federation of December 3, 2004 N 738, do not extend to cases of implementation of shareholder rights by the Russian Federation according to the preferred shares of banks placed according to the Federal Law.

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