Egidaco Investments PLC Group annual IFRS report for the year 2009

Egidaco Investments PLC Group annual IFRS report for the year 2009

Egidaco Investments PLC Group ("Tinkoff") has published the Consolidated
Financial Statements and Independent Auditor's Report for the year 2009

Tinkoff is pleased to announce the publication of its 2009 audited accounts. 
Tinkoff's auditors PriceWaterhouseCoopers (PWC) have issued an unqualified audit
opinion on the company's IFRS Consolidated Financial Statements.

Company financial and operating performance has been solid throughout a
difficult year, producing a Net Income of $18.2m, making TCS Bank one of the
best performing banks in its segment in Russia.  

We look forward to keeping you updated in the future.

For further details of the program please contact:

Oliver Hughes, President						
tel: +7 495 648 1000						
e-mail: o.hughes@tcsbank.ru 			

Ilya Pisemsky, CFO	
tel: +7 495 648-1000 
e-mail: i.pisemsky@tcsbank.ru

web: www.eginvestments.net/


Bank 'Tinkoff. Credit Systems' is Russia's first monoline bank, specialising
exclusively on the issuing and servicing of credit cards. The bank was founded
by the famous Russian entrepreneur, Oleg Tinkov. In October 2007, the
international investment bank Goldman Sachs became a shareholder. In September
2008, Vostok Nafta Investments Limited also became a shareholder. 

TCS Bank uses modern CRM and risk management systems. The bank employs a remote
service model, providing virtual banking services of the highest quality to its
customers. Service is provided to customers through a sophisticated Call Centre,
Internet, SMS banking and by mail through the Russian Postal system. The
combination of a narrow focus with a hi-tech approach gives the bank a distinct
competitive edge in the rapidly growing Russian credit card market.