7 Aug 2014 10:25
Sberbank / Miscellaneous 07.08.2014 10:25 Dissemination of a Regulatory Announcement, transmitted byEquityStory.RS, LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.--------------------------------------------------------------------------- Announcement of Sberbank on potential changes to structures of capitalmarket indexes: Sberbank of Russia JSC (hereafter referred to as Sberbank) sees no need andhas no plans to raise additional equity capital by issuing new shares.Sberbank's current and forecast capital adequacy ratio is adequate andfully complies with all regulatory requirements under Russian AccountingStandards and the International Financial Reporting Standards (IFRS). Sberbank highly values the trust of its shareholders. The bank'sdevelopment strategy up to 2018 provides for the maintenance of capitaladequacy at sufficient level with the necessary safety buffer, based on thestrong profit generating capacity and subordinated debt instruments. In relation to the adoption of Articles 4 and 5 of the Federal Act'Concerning Additional Measures to Support the Financial System of theRussian Federation' dated July 21, 2014 №275-F3, Sberbank informs of itsdecision to convert subordinated loans, previously issued by the CentralBank of the Russian Federation, into unsecured subordinated loans. Suchloans have a maturity term of up to 50 years and (or) the possibility ofextension by the borrower no more than once in 50 years (without securingapproval of the lender). Sberbank has notified the Central Bank of theRussian Federation of this decision. In connection with the above, Sberbank sees no reason to change the weightof Sberbank shares in the structure of capital markets indexes due to theperceived threat of issuing new shares, the investment in which iscurrently subject to specific sanction limitations in some jurisdictions. Contact: 07.08.2014 The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: EnglishCompany: Sberbank 19 Vavilova St. 117997 Moscow RussiaPhone: +7-495-957-57-21Fax: E-mail: media@sberbank.ruInternet: www.sberbank.ruISIN: US80585Y3080, RU0009029540, RU0009029557, US80585Y4070Listed: Frankfurt in Open Market (Entry Standard) ; MICEX, RTSCategory Code: MSCTIDM: SBERSequence Number: 2171Time of Receipt: Aug 07, 2014 10:25:05 End of Announcement EquityStory.RS, LLC News-Service ---------------------------------------------------------------------------UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.