PRESS-RELEASE

(Translation from Russian)

Infrastructural rating of the collector company «The Agency on debt

management» of the group CredEx is reconfirmed at the level uaA.col

RA «Expert-Rating» confirms the infrastructural rating of the collector company “The Agency on debt management” of the group of companies CredEx at the level uaA.col (a high level of reliability). This rating indicates a high level of the Company’s readiness to perform its fiduciary commitments to clients. When confirming the rating, the Agency was based on the data of the company’s activity for the 2011.

Table

Key performance indicators of the collecting company «The Agency on debt management» of the group of the companies CredEx (th. UAH, % and p.p.)

Sources: Data of the company, calculations by RA «Expert-Rating»

Confirming the rating, RA «Expert-Rating» was guided by the following conclusions:

1. Company’s assets have grown by 7,6% over the 2011 in comparison to the 2010. At the same time, shareholders’ equity has increased by 24,69%. Therefore, consolidated coefficient of autonomy has increased from 48,73% up to 56,47%, i.e. by 7,74 p.p. Revenues of the Agency on debt management have grown by 43,62%, operational expenses – by 25,39% for the period from 01.01.2011 to 01.01.2012. The collector company has finished the 2011 year with profit of UAH 154,6 th.

2. On 01.01.2012 credit debt, accepted for cash collection by the agency scheme, has amounted to UAH 480879,4 th. that is in 3 times more comparing to the same indicator on 01.01.2011. The growth of bought out debt from credit institutions and financial companies has constituted UAH 173688,8 th. or 22,04%. Thus, in 2011 the Collected debt/ Credit debt, accepted for cash collection by the agency scheme, ratio and the proportion of the collected debt earlier bought out from credit institutions and financial companies have decreased by 2,75 p.p. and 0,54 p.p., respectively, comparing to 2010.

3. The Company has managed to significantly improve such indicators as ROS and ROE. ROS has increased from -87% up to 11,18%, or by 98,18 p.p. over the 12 months of 2011. ROE, in its turn, has grown by as much as 148,7 p.p. (in 2010 this indicator amounted to -128,9%, in 2011 – 19,8%). The 2011 year has proved to be quite efficient for the collector company “The Agency on debt management”, as indicated by its return to profitable activity, significant growth of revenues and good ROS and ROE.

Analytical service of RA «Expert-Rating»

Confirmation of the collector company «The Agency on debt management» (english version) - 13.03.2012