HOME CREDIT & FINANCE BANK ANNOUNCES PLACEMENT OF ITS US$200 MILLION EUROBOND ISSUE

28.3.2007 – Home Credit & Finance Bank (“HCFB”) [Moody’s Ba3/NP/D- S&P B/C], one of the providers of consumer finance market in the Russian Federation, is pleased to announce the placement of its US$ 200 million Eurobond issue. This transaction represents the third dollar denominated placement for HCFB.