Egidaco Investments PLC IFRS financial statements for the 1st half-year 2012

Egidaco Investments PLC, the parent company of ‘Tinkoff Credit Systems’ Bank
(TCS Bank), announced the financial results for the first 6 months 2012.
Egidaco Investments PLC is pleased to announce the publication of its financial
statements for the 6 months 2012.
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 has been almost
6% in 2012 with 2 million credit cards issued and over 1 billion dollars in
assets.