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31.08.2004 THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT AND THE CENTER-INVEST BANK – THE NEW PERSPECTIVES OF GROWTH AND DEVELOPMENT FOR THE SOUTH OF RUSSIA
On August 31, 2004 an official subscription of the Agreement between the European Bank for Reconstruction and Development and the OJSC “CB Center-invest” took place in the Directors Club of the Center-Invest bank.

10.08.2004 On August 6, 2004 the Center-invest bank has opened the specialized crediting office in the building of its headquarters. For the convenience of the bank’s clients the hours of service in this office will be prolonged until 9 p.m.

05.08.2004 THE OJSC CB «CENTER–INVEST»’S PROFIT HAS BEATEN THE 100 MIL-LION RUBLES MARK
On August 5, 2004 the Board of Directors of the OJSC CB «Cen-ter–Invest» has accepted the Strategy for the 2004-2008 years and approved the results, achieved during the past months of the cur-rent year of 2004. The OJSC CB «Center–Invest»’s profit for Janu-ary - July 2004 has exceeded the 100 million rubles mark (compared to 130 million rubles of profit for the whole year of 2003).

03.08.2004 THE OJSC CB «CENTER–INVEST» HAS OPEN THE CORRESPONDENT ACCOUNT IN THE TOP-LEVEL BANK OF GREAT BRITAIN
The OJSC CB «Center–Invest» has opened the correspondent ac-count in Royal Bank of Scotland (London, Great Britain).

29.07.2004 THE OJSC CB «CENTER–INVEST» HAS EXPANDED THE ACCESS OF ITS CLIENTS TO THE STOCK MARKET
According to the resolution of the Moscow Interbank Currency Exchange (MICEX) Board, the OJSC CB «Center–Invest» has acquired the membership in its stock market section.

23.07.2004 THE ROSTOV AND ITALIAN BUSINESSES COLLABORATE UNDER "THE UMBRELLA" OF THE OJSC CB "CENTER–INVEST"
The delegation from the Italian company ENOGLAS has visited Rostov-on-Don within the framework of the pilot project, aimed on creation of the joined ventures between the Rostov region and It-aly. This project was organized by the OJSC CB "Center–Invest" and the state corporation of the Ministry of production activity of Italy SIMEST.

23.07.2004 THE CENTRAL BANK OF RUSSIAN FEDERATION AND THE FEDERAL ANTIMONOP-OLY SERVICE HAVE APPROVED INCLUDING OF THE EUROPEAN BANK FOR RE-CONSTRUCTION AND DEVELOPMENT IN THE LIST OF THE MAIN SHAREHOLDERS OF THE OJSC CB «CENTER–INVEST»
The Central Bank of Russian Federation and the Federal Antimo-nopoly Service have granted the permission to the OJSC CB "Center-Invest" for increase in authorized capital stock on the EBRD 's funds (25,23% in share capital).

20.07.2004 THE OJSC "CB CENTER-INVEST” BUILDS UP ITS CLIENTAGE
More than 2373 juridical person accounts were open in OJSC "CB Center-Invest” since the beginning of the current year of 2004. It should be noticed, that the inflow of new clients during this pe-riod has beaten the result of the whole year of 2003. The overall amount of juridical person accounts, open in “CB Center-Invest”, has reached 14.5 thousand by July 1, 2004.

19.07.2004 THE OJSC "CB CENTER-INVEST" HAS GRANTED OVER 2 MILLIARD RUBLES OF BACK-UP LINES TO THE SMALL-SCALE BUSINESS
The OJSC "CB Center-Invest" has rendered 1376 credits to the small-scale business for over 2 milliard rubles in total sum dur-ing the first half of the current year of 2004.

16.07.2004 NEW MECHANISMS FOR THE PARTICIPANTS OF FOREIGN TRADE ACTIVITIES
On July 16, 2004 the OJSC “CB Center-Invest” together with the Rostov Customs House have organized a seminar under the following slogan: “Urgent questions of customs and currency regulation. Fi-nancing of the foreign trade activities participants of the South of Russia”.