DGAP-News: The Annual General Meeting of Shareholders of Sberbank of Russia Decides on Dividend Payments for 2010

EquityStory.RS, LLC-News: Sberbank / Key word(s):
Miscellaneous/Miscellaneous
The Annual General Meeting of Shareholders of Sberbank of Russia
Decides on Dividend Payments for 2010

03.06.2011 / 16:06

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The Annual General Meeting of Shareholders of Sberbank of Russia Decides on
Dividend Payments for 2010

June 3, 2011, Moscow – The Annual General Meeting of Shareholders of
Sberbank of Russia has approved the recommendations of the Supervisory
Board regarding dividend payments in the amount of for 0.92 rubles per
common share and 1.15 rubles per preferred share for 2010. This is a record
dividend rate for Sberbank throughout the entire period of its existence.

The share of Sberbank–s net profit allocated for dividend payments has seen
a sharp increase: it amounts to 12.08% against 10% during the previous
years.

In 2010, Sberbank achieved financial results exceeding those of the
preceding year many times. The net profit of Sberbank of Russia grew up to
174.0 billion rubles in 2010, exceeding the net profit in 2009 eightfold.

# # #

Sberbank of Russia
Aleksandr Baziyan
Public Relations
Tel. +7(495) 957 5721
media@sberbank.ru

OAO Sberbank of Russia is the largest bank in Russia and CEE accounting for
30% of assets of the Russian banking system with about 240 thousand
employees. The Central Bank of Russia is the founder and main shareholder
of OAO Sberbank of Russia (more than 60% voting shares). Other shareholders
of the bank include over 260 thousand individuals and legal entities. The
bank enjoys the most diversified branch network in Russia: 17 territorial
banks, over 20 thousand branches and internal structural divisions as well
as subsidiary banks in Kazakhstan, the Ukraine and Belarus, a subsidiary in
India and a representative office in Germany.

The number of the general license for performing banking operations held by
the Bank of Russia is 1481.

The official website of the bank is www.sberbank.ru

End of Corporate News

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03.06.2011 Dissemination of a Corporate News, transmitted by
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Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russland
Phone: +7-495-957-57-21
E-mail: media@sberbank.ru
Internet: www.sberbank.ru
Listed: Foreign Exchange(s) MICEX, RTS

End of News EquityStory.RS, LLC News-Service
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