Rosbank corporate credit portfolio amounted toUSD 2.3bln. asof 1January, including USD 0.5bln or20.4percent ofthis sum inthe Rosbank regional network and USD 1.8bln. or79.6percent atthe head office.

Total funds inRosbank clients accounts amounted to112,989.54mln. rubles asof January 1.

In 2004the ROSBANK Custody Division showed high growth rates and further continued strengthening its positions inthe market ofcustody services.

Denis Morozov has been named asDeputy General Director for Corporate and Legal Issues.

MMC Norilsk Nickel (the Company) today announced the results ofreview ofthe share buy-back applications filed bythe shareholders pursuant tothe decision ofthe Board ofDirectors onDecember 2, 2004.