Egidaco Investments plc, the parent company of TCS Bank, announces a limited Eurobond buy-back programme

Egidaco Investments plc ("Tinkoff"), the parent company of "Tinkoff Credit Systems" Bank (TCS Bank), announced today that it has launched a program to purchase a limited amount of its own Eurobonds. This offer is available for a limited period and is made on the following conditions: 1) the target price is from 60% of the nominal value of the Bonds (after amortisation); 2) potential sellers should communicate their intention by 8 September 2009 by e-mail to the contacts below; 3) offers of sale will be satisfied on a ‘best effort’ basis, i.e. the Company will take the best offers from those that come in 4) the total maximum consideration for the Eurobonds purchase by Tinkoff under this program will be up to EUR 5 mln (excluding accrued interest). Tinkoff has a broker and custody accounts in Marfin Popular Bank Public Co Ltd (Cyprus) (http://www.laiki.com)