Home Credit & Finance Bank results for 6 month period: HCFB reports 184% increase in net profit to RUB 1.3 billion, compared to the prior year period

10.9.2008 – Home Credit & Finance Bank (“HCFB” or “the Bank”), rated
Moody’s Ba3/NP/D-, S&P B+/Stable/B, and one of the leading banks specializing in
consumer banking in Russia, announces its financial results for the six month period ended
30th June 2008 in accordance with International Financial and Reporting Standards (IFRS).