Issue information:

• Issuer, issue number:	Severnaya Kazna, 1
• Income calculation:	Date of trades Price %
• Type of bond:	Domestic bonds
• Issue status:	outstanding
• Offering:	public
• Par, currency of issue:	RUR, 1000
• Amount:	1 000 000 000
• Registration date:	Jun 21 2006
• State registration number:	4-01-02083-B
• ISIN:	RU000A0JNPR0
• Start of placement:	Oct 05 2006
• End of placement:	Oct 05 2006
• Date of circulation start:	Dec 13 2006
• Issue price:	100
• Coupon:	1st coupon is set at the auction. Coupons 2-4 match the first one. Coupons 5-12 arу set by the issuer no later than 14 days before the start of the 5th coupon period.
• Coupon frequency:	4 time(s) per year
• Settlement date:	Oct 05 2006
• Maturity date:	Oct 01 2009
• Early redemption terms:	3rd business day of the 5th coupon period, at par, date: 09.10.07, price: 100; date: 07.10.08, price: 100.
• Arrangers:	Arranger: TRUST
• Trading floor, listing category:	MICEX (A1)
• Issue ratings: (rating history)	Rus-Rating BB- National scale (Russia) 03/17/2008
• Guarantors:	Severnaya Kazna-Finance
• Additional information:	Guarantor: Severnaya Kazna-Finance
• Investment banks:	Lead manager:  TRUST Investment Bank Co-lead manager(s):  Alfa Bank  Renaissance Capital Surgutneftegazbank BANK of KHANTY-MANSIYSK Senior Co-lead manager:  Bank of Moscow Underwriter(s):  NOMOS-BANK Region Group Tatfondbank Transcapitalbank National Standard Bank

Borrower:

• Issuer:	Severnaya Kazna
• Full issuer name:	Severnaya Kazna Bank
• Country:	Russia
• Web site:	http://www.kazna.ru/
•Other issues of the issuer:	Severnaya Kazna, 2 - Domestic bonds  Severnaya Kazna, - Promisory notes
• Issuer profile:	SEVERNAYA KAZNA Bank, an open joint-stock company, was founded on September 9, 1992. At present the company’s major shareholders include Novator Experimental Design Bureau, Ural-Avia Airline Company, ...
• Industry:	Banks and financial institutions
Issuer ratings: » rating history Moody's Caa2 Int. Scale (foreign curr) 10/23/2008 Moody's Caa2 Int. Scale (loc. curr.) 10/23/2008 Moody's Interfax Rating Agency B2.ru National Scale (Russia) 10/23/2008 National Rating Agency BBB+ National scale (Russia) 07/01/2007 Rus-Rating BB+/Stable National scale (Russia) 12/24/2008
Complete profile

Financial accounting:

Quarterly FFMS Reports:

Trading info (MICEX, Dec 23 2008):

Payment schedule:

COMMENTS: