Fitch Affirms Russia's Credit Bank of Moscow.

08.06.2005

Fitch Ratings-London/Moscow-8 June 2005: Fitch Ratings, the international rating agency, has today affirmed Credit Bank of Moscow’s ("CBM") ratings at Long-term 'B-' (B minus), Short-term 'B', Individual 'D' and Support '5'. The Outlook on the Long-term rating remains Stable. CBM is rated National Long-term ‘BB+(rus)’ with a Stable Outlook.