Issue information:

• Issuer, issue number:	Severnaya Kazna, 2
• Income calculation:	Date of trades Price %
• Type of bond:	Domestic bonds
• Issue status:	outstanding
• Offering:	public
• Par, currency of issue:	RUR, 1000
• Amount:	1 500 000 000
• Registration date:	Oct 24 2007
• State registration number:	40202083Â
• ISIN:	RU000A0JPX86
• Start of placement:	Jul 29 2008
• End of placement:	Jul 29 2008
• Date of circulation start:	Sep 02 2008
• Issue price:	100
• Coupon:	Coupons 1-4 are set at auction, couponû 5-12 are set by the issuer
• Coupon frequency:	4 time(s) per year
• Settlement date:	Jul 29 2008
• Maturity date:	Aug 01 2011
• Early redemption terms:	3êâ workday from the coupon payment date of coupon 4 , date: 31.07.09, price: 100.
• Arrangers:	In Russian Only
• Trading floor, listing category:	MICEX
• Issue ratings: (rating history)	Rus-Rating BB-/Stable National scale (Russia) 08/27/2008
• Guarantors:	Severnaya Kazna-Invest
• Investment banks:	Lead manager(s): UniCredit Bank Region Group Underwriter(s): Russ-Bank Sudostroitelny Bank SIAB  SKB-Bank Co-underwriter(s):  Alfa Bank Promsvyazbank BANK of KHANTY-MANSIYSK  Russian International Bank First Republican Bank National Standard Bank  Bank Zenit  Renaissance Capital  Gazenergoprombank  First United 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, 1 - 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 31 2008):

Payment schedule:

COMMENTS: