SDM-Bank's Capital Increase
On October 8, 2010 SDM-Bank's shareholders approved an equity capital increase.
The capital increase will be executed via a primary ordinary share closed subscription issue.
On September 14th, the European Bank for Reconstruction and Development's ("EBRD") Board of Directors approved EBRD's participation in SDM-Bank's equity capital increase.
SDM-Bank's Board of Directors will determine the terms and the timetable for the closed subscription issue after all the required regulatory and legal registrations have been completed.