Egidaco Investments PLC, the Parent Company of TCS Bank, announces the results of the vote on the New Proposal to Bondholders

Egidaco Investments PLC, the Parent Company of TCS Bank, announces the results
of the vote on the New Proposal to Bondholders

Egidaco Investments PLC (“Tinkoff”), the parent company of ‘Tinkoff Credit
Systems' Bank (TCS Bank), announced today that it has received the final results
of the vote on the Bondholder proposal as per the Notice issued on 30 March
2009. The results were obtained from the Agent, E. Öhman J:or Fondkommission AB.

The quorum requirement was fulfilled, making the vote valid. The required
qualified majority voted unanimously in favour of the proposal. The results of
the voting were as follows:

Total issued (EUR) - 70,000,000
Total votes (EUR) - 44,150,000
Votes (%) - 63.07%
Eligible votes (EUR) - 36,900,000
% Eligible votes - 83.58%
% Eligible NO - 0%
% Eligible YES - 100%

Tinkoff would like to express its gratitude to Bondholders for their continuing
support and belief in the Company. Tinkoff will continue to go from strength to
strength. 

For additional information 

Oliver Hughes, President						
tel: +7 495 648 1000						
e-mail: o.hughes@tcsbank.ru 			

Ilya Pisemsky, CFO	
tel: +7 495 648-1000 
e-mail: i.pisemsky@tcsbank.ru

web: www.eginvestments.net/


Bank 'Tinkoff. Credit Systems' is Russia's first monoline bank, specialising
exclusively on the issuing and servicing of credit cards.  The bank was founded
by the famous Russian entrepreneur, Oleg Tinkov.  In October 2007, the
international investment bank Goldman Sachs became a shareholder. In September
2008, Vostok Nafta Investments Limited also became a shareholder.  

TCS Bank uses modern CRM and risk management systems.  The bank employs a remote
service model, providing virtual banking services of the highest quality to its
customers. Service is provided to customers through a sophisticated Call Centre,
Internet, SMS banking and by mail through the Russian Postal system.  The
combination of a narrow focus with a hi-tech approach gives the bank a distinct
competitive edge in the rapidly growing Russian credit card market.