Egidaco Investments PLC Group annual IFRS report for the year 2011

Egidaco Investments PLC Group has published the Consolidated Financial
Statements and Independent Auditor's Report for the year 2011.
Egidaco Investments PLC is pleased to announce the publication of its 2011
audited accounts. Egidaco's auditors PriceWaterhouseCoopers (PWC) have issued an
unqualified audit opinion on the company’s IFRS Consolidated Financial
Statements.
Oliver Hughes,

Chairman of the Management Board, TCS Bank

o.hughes@tcsbank.ru

+7 (495) 6481000
Egidaco Investments PLC (www.eginvestments.net) is the sole shareholder of the
Russian bank “Tinkoff Credit Systems”.

Bank «Tinkoff Credit Systems» is Russia's first bank, specialising in credit
cards and online consumer lending. The bank was founded by the renowned Russian
entrepreneur, Oleg Tinkov. He was later joined by two financial investors,
Goldman Sachs (in 2007) and Vostok Nafta (in 2008). In May 2012, Baring Vostok
Private Equity Fund IV also became a shareholder. Based in Moscow, TCS Bank
issues credit cards to customers in all of Russia's regions, including smaller,
underserved cities. TCS operates a branchless model, attracting customers online
and through direct mail, and servicing customers through its cutting edge
Internet bank and call centre.  TCS’s credit card market share is was almost 6%
in 2011 with 2 million credit cards issued and over 1 billion dollars in
assets.