September 12, 2014, Moscow - Sberbank of Russia announces the outcome of the meeting held by its Supervisory Board today.

The Supervisory Board approved the Board's Work Plan for 2014-2105; reviewed Sberbank's operations in the first half of 2014 and financial results for 8 months of 2014; reviewed the report about the results of checks carried out by the Internal Control Service in the first half of 2014.

In addition, the Supervisory Board approved the Provisions on Sberbank's Corporate Secretary, appointed a Corporate Secretary - Oleg Yurievich Tsvetkov, and resolved to appoint Oleg Vladimirovich Chistyakov as the Head of the Internal Audit Service.

                                                                           # # #                       

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

Sberbank of Russia is Russia's largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with more than 18,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.

The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.

distributed by