Current ratings assigned to Sberbank by international rating agencies

Fitch Ratings:

Global scale ratings:

• Long term issuer default rating in foreign currency – “ВВВ“,

Outlook on the rating is Stable

• Short term issuer default rating in foreign currency – “F3“

• Support rating floor  – “ВВВ“

• Individual rating – “С/D”

• Support rating – “2”

• Ratings assigned to the loan participation notes issuance programme (MTN-programme) with the sule purpose of financing loans to Sberbank: long term rating – “ВВВ”, short term - “F3“

• Long term rating of loan participation notes issued in May 2006 for the sule purpose of financing a loan to Sberbank (first issue under MTN-programme with maturity in 2013) –  “ВВВ”

• Long term rating of loan participation notes issued in November 2006 for the sule purpose of financing a loan to Sberbank (second issue under MTN-programme with maturity in 2011) –  “ВВВ”

• Long term rating of loan participation notes issued in July 2008 for the sule purpose of financing a loan to Sberbank (third issue under MTN-programme with maturity in 2013) –  “ВВВ”

• Long term rating of loan participation notes issued in July 2010 for the sule purpose of financing a loan to Sberbank (forth issue under MTN-programme with maturity in 2015) –  “ВВВ”

Moody’s Investors Service:

Global scale ratings:

• Long term foreign currency deposit rating  – “Ваa1”,
  Outlook on the rating is Stable

• Short term foreign currency deposit rating  – “Prime-2”

• Long term local currency deposit rating  – “A3”

• Short term local currency deposit rating  – “Prime-2”

• Bank financial strength rating -  “D+“

• Ratings assigned to the loan participation notes issuance programme (MTN-programme) with the sule purpose of financing loans to Sberbank: long term rating – “A3”, short term - “Prime-2“

• Long term rating of loan participation notes issued in May 2006 for the sule purpose of financing a loan to Sberbank (first issue under MTN-programme with maturity in 2013) – “A3”

• Long term rating of loan participation notes issued in November 2006 for the sule purpose of financing a loan to Sberbank (second issue under MTN-programme with maturity in 2011) – “A3”

• Long term rating of loan participation notes issued in July 2008 for the sule purpose of financing a loan to Sberbank (third issue under MTN-programme with maturity in 2013) – “A3”

• Long term rating of loan participation notes issued in July 2010 for the sule purpose of financing a loan to Sberbank (forth issue under MTN-programme with maturity in 2015) –  “A3”

National scale ratings:

• National scale bank rating – “ААА.ru”