On starting equity capital increase


At the Ordinary Shareholders' Meeting of AS "PrivatBank" held on 12 March
2010, the decision was made on the planned AS "PrivatBank" equity capital
increase to 40 470 000 LVL by raising additional capital in the amount of 20
235 000 LVL and issuing 20 235 000 registered voting shares of common stock
with the nominal value of 1.00 LVL per share.