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Arranged by Commerzbank, Emirates NBD, ICICI Bank, ING and RZB.

Commerzbank Aktiengesellschaft ("Commerzbank"), Emirates NBD PJSC ("Emirates NBD"), ICICI Bank Limited - Bahrain Branch ("ICICI Bank"), ING Bank N.V. ("ING") and Raiffeisen Zentralbank Österreich Aktiengesellschaft ("RZB") (together the "Initial Mandated Lead Arrangers" and "Bookrunners") are pleased to announce the successful signing of a USD 280,000,000/- syndicated term loan facility ("the Facility") for Open Joint-Stock Company Promsvyazbank ("Promsvyazbank", "PSB" or the "Borrower").

The Facility has a tenor of 12 months and carries a margin of 120bps p.a. Proceeds under the Facility will be used by the Borrower to finance trade related contracts of its customers.

Launched at an amount of USD 175,000,000/-, the Facility was oversubscribed by 60%, closing at USD 280,000,000/- with the participation of 31 banks from across the globe.

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