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Absolut Bank completes capital hike

increased itsauthorized capital by 1.2 billion Russian rubles to 4.2 billion rubles.

Thecapital hike was carried out via the issuance of 121,065,000 shares at a par valueof 10 rubles apiece, offered under a closed subscription. The banknoted that the share premium increased to 13.3 billion rubles from 9.5 billionrubles after the capital hike.

As of Sept. 26, US$1 wasequivalent to 63.60 Russian rubles.