Sberbank's Supervisory Board decides to make changes to the Exchange-traded Bond Programme

September 25, 2014, Moscow - The Supervisory Board of Sberbank of Russia (hereinafter 'the Bank') has decided to make changes to the Programme for certificated non-convertible exchange-traded bearer bonds with mandatory central storage - series BO-01-BO-51 with a nominal value of RUB 500 bln, which were registered and admitted to trading on the MICEX Stock Exchange on January 10, 2013 (hereinafter 'the Programme'). Changes to the Programme involve increasing the maximum maturity of several series of bonds from 3 years to 15 years, changing the currency of several series of bonds from roubles to US dollars, euros and Swiss francs, and also increasing the overall nominal value of the Programme to the equivalent of RUB 612.4 bln.

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Sberbank of Russia

Alexander Baziyan

Public Relations

Tel. +7(495) 957 5721

media@sberbank.ru

Sberbank of Russia is Russia's largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with more than 18,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.

The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.