Sberbank has published 2008 H1 IFRS Financial Statements

Oct 20, 2008

20 October 2008, Moscow. Sberbank (RTS: SBER, MICEX: SBER03) has posted its interim condensed consolidated IFRS Financial Statements for the first six months of 2008 including a PriceWaterhouseCoopers review report.

The Financial Statements show Sberbank's assets standing at RUB5,604.3 bn as at 1 July 2008, a 13.7% H1 growth, shareholders’ equity H1 growth by 8.5% to RUB691.2 bn and net profit of RUB67.0 bn, a 39.6% increase against 2007 same date figure. Sberbank's ROA in the 2008 H1 was 2.54%.

Item in IFRS Statements	As at 1 July 2008/ H1 2008	As at 1 January 2008/ H1 2007	H1 2008 growth
Assets	5,604.3	4,928.8	13.7%
Shareholders’ Equity	691.2	637.2	8.5%
Net Profit	67.0	48.0	39.6%
ROA	2.54%	2.48%

Irina Kibina
Corporate Affairs Department
Sberbank
media@sbrf.ru
tel. +7 (495) 957 5721