Sberbank / Key word(s): Miscellaneous/Miscellaneous
21.01.2015 08:18

Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.
The issuer / publisher is solely responsible for the content of this announcement.

---

STATEMENT of the Material Fact "On assignment of the rating to the issue-grade securities of the issuer by the rating agency under the agreement with the issuer"

1. General Information

1.1. Full company name of the issuer: Sberbank of Russia Open Joint-Stock Company

1.2. Short company name of the issuer: Sberbank of Russia
1.3. Location of the issuer: 19 Vavilova St., Moscow, 117997
1.4. OGRN (Primary State Registration Number) of the issuer: 1027700132195
1.5. INN (Taxpayer Identification Number) of the issuer: 7707083893
1.6. The issuer's unique code assigned by the registering authority: 1481В
1.7. Internet pages used by the issuer to disclose information:
www.sberbank.ru; http://www.e-disclosure.ru/portal/company.aspx?id=3043
2. Contents of Statement

2.1. Subject of the rating change (issue-grade securities and/or their issuer): Sberbank of Russia (issuer)

2.2. Type of rating changed for the subject of the rating assessment (credit rating, long-term credit rating, corporate governance rating, other): Long-Term Local Currency Deposit Rating;

Short-Term Local Currency Deposit Rating.

2.3. If the subject of the rating change is issue-grade securities of the issuer, indicate the type, category, series and other identifying characteristics of such issue-grade securities: Not applicable
2.4. In case of a rating change, indicate the value of the rating before and after the change: Long-Term Local Currency Deposit Rating: Value of the rating before the change - Baa2, after the change - Baa3 (placed under review for further downgrade);

Short-Term Local Currency Deposit Rating: Value of the rating before the change - Prime-2, after the change - Prime-3 (placed under review for further downgrade).

2.5. Date of rating change. January 19, 2015

2.6. Brief description of the value of the rating or address of the Internet page with publicly available information about the methodology of assigning the ratings: A description of the methodology used by the international rating agency to assign ratings is publicly available and is published on the website at www.moodys.com.

2.7. Full and short company names (name for a non-commercial entity), location, INN (if applicable), and OGRN (if applicable) of the entity which assigned the ratings (the rating agency). Full name:
Moody's Investors Service Ltd.

Short name: Moody's

Location: One Canada Square, London E14 5FA, Great Britain
2.8. Other information about the ratings indicated at the discretion of the issuer: The rating agency also took the following rating actions:
Long-term rating assigned to the Medium-Term Note Program (MTN Program) for loan participations with the sole purpose of financing loans granted to Sberbank of Russia: the value of the rating before the change - (P) Vaa2, after the change - (P) Baa3 (placed under review for further downgrade);
Short-term rating assigned to the Medium-Term Note Program (MTN Program) for loan participations with the sole purpose of financing loans granted to Sberbank of Russia: the value of the rating before the change - (P) Prime-2, after the change - (P) Prime-3 (placed under review for further downgrade);

Long-term ratings of issues of medium term notes for loan participations with the sole purpose of financing loans granted to Sberbank of Russia (under the MTN Program): the value of the rating before the change - Вaa2, after the change - Вaa3 (placed under review for further downgrade).
3. Signature

Deputy Chairman

of the Executive Board, Sberbank of Russia Bella I. Zlatkis
January 20, 2015

L.S.


21.01.2015 The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

---

 
Language:     English
Company:      Sberbank
              19 Vavilova St.
              117997 Moscow
              Russia
Phone:        +7-495-957-57-21
Fax:          
E-mail:       media@sberbank.ru
Internet:     www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557, US80585Y4070 Listed: Frankfurt in Open Market (Entry Standard) ; MICEX, RTS  
End of Announcement EquityStory.RS, LLC News-Service  

---