JOINT-STOCK COMPANY "SBERBANK COMMERCIAL INVESTMENT BANK" acted as the organizer of placement of exchange bonds PUBLIC JOINT-STOCK COMPANY "OIL COMPANY "ROSNEFT" series 002R-04 on 50 billion rub

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Sberbank CIB acted as the organizer of placement of exchange bonds of
Public joint-stock company "Sberbank Russia" reports that the bid book on acquisition of exchange bonds PUBLIC JOINT-STOCK COMPANY "OIL COMPANY "ROSNEFT" series 002R-04 of 50 billion rubles is closed on February 8, 2018. Circulation period of papers - 10 years, par value - 1 000 rubles, the placement price - 100% of face value. On release the 5-year offer is provided. The initial reference point of a first coupon rate was established of 7,60-7,70% per annum (profitability to offer - 7,74-7,85% per annum). During collecting demands the reference point was lowered twice and reached 7,5-7,55% per annum (profitability to offer 7,64-7,69% per annum).

During marketing more than 70 demands of investors were received, the total amount of demand made about 75 billion rubles. The volume of placement was increased from originally planned 15 billion rub to 40 billion rub and then up to the final capacity of 50 billion rubles

by results of book formation the first coupon rate was established of 7,50% per annum that corresponds to profitability to the 5-year offer at the level of 7,64% per annum.

Dzhabarov Edouard, the managing director for the markets of the debt capital of JOINT-STOCK COMPANY "SBERBANK COMMERCIAL INVESTMENT BANK" noted: "This transaction is absolutely unique for the Russian bond markets for all its history. The transaction had exclusively market character and following the results of placement in the bid book there was more than 70 investors, including a retail, banks, UK, pension funds. Despite negative market conditions, weakening of ruble in currency market, a collapse of share indexes to United States of America and correction in the market uglevodorovov, PUBLIC JOINT-STOCK COMPANY "OIL COMPANY "ROSNEFT" achieved at once two objectives - the record volume of the raised funds and a low rate of the coupon. Factors predetermined success was a little - optimum circulation period of bonds which was interesting to a wide range of investors (from banks to management companies), deficiency of the qualitative offer since the beginning of year, the low indicators of inflation promoting expectations on further decrease in rates, high volume of free liquidity in a financial system, decrease in geopolitical risks rather Russian national debts, and at last, high level of financial discipline and financial management of the most companies PUBLIC JOINT-STOCK COMPANY "OIL COMPANY "ROSNEFT"".

Technical placement of papers will take place on February 15, 2018 on JSC "Federal bank MMVB", JSC "Stock exchange MMVB". Organizers of placement: "Gazprombank" (Open joint-stock company), JOINT-STOCK COMPANY "SBERBANK COMMERCIAL INVESTMENT BANK" and VTB Capital.