Home Credit Finance Bank has successfully placed its 5th Eurobond issue for a total amount of US$450 million

1.8.2008 – Home Credit Finance Bank (“HCFB” or the “Bank”), rated Moody’s Ba3/NP/D-, SP B+/B, one of the leading banks specializing in consumer banking in Russia, is pleased to announce a successful Exchange Offer and placement of its fifth Eurobond issue for a total amount of US$ 450 million.