February 28, 2007

$280mn Syndicated Term Loan Facility for VTB Bank (Austria) AG (formerly Donau-Bank AG) arranged by Deutsche Bank signs over subscribed and increased

Mandated Lead Arranger, Deutsche Bank AG London today announced the signing in Vienna of the US$280mn Syndicated Term Loan Facility for VTB Bank (Austria) AG (“VTBA”). The facility, which was heavily oversubscribed following successful simultaneous senior and general syndication phases, was increased from $125mn to $280mn, which is the largest syndicated loan for VTBA to date.

The following banks joined the Facility as Mandated Lead Arrangers in syndication: Agricultural Bank of China, Singapore Branch, AKA Ausfuhrkredit-Gesellschaft mbH, BAWAG P.S.K. Bank fuer Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft, BayernLB, Erste Bank, KBC Bank NV Dublin Branch, HSH Nordbank AG Luxembourg Branch, Mizuho Corporate Bank, Ltd., Norddeutsche Landesbank Luxembourg S.A.  A total of 15 other banks joined during the general syndication phase.

For further information, please call:

Deutsche Bank
Oonagh Baerveldt    (+44 20) 7547 1605
Press and Media Relations        

Ben Dobson          (+44 20) 7545 8572
Corporate and Investment Bank        

Kirstin Brozik      (+49 69) 910 33864
Corporate and Investment Bank

Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With EUR 1,128bn in assets and 68,849 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.


About VTB Bank (Austria) AG

VTBA is a highly specialized financial institution for transactions with Russia and other CIS countries.  It is a Vienna based joint stock bank, incorporated under Austrian law, with VTB as the sole owner. As at June 2006 VTBA had total assets of €1,304.2 million and equity of €321.1 million.