INFORMER Α.Ε.

NATIONAL BANK TRUST SIGNS PARTNERSHIP WITH INFORMER FINANCIAL TO DELIVER INNOVATIVE 24 x 7 TECHNOLOGY PLATFORM TO SUPPORT STRATEGIC

EXPANSION PLANS FOR GROWTH ACROSS 10 TIME ZONES

Contract signed for implementation of TEMENOS T24™ international core banking system by leading systems integrator INFORMER Financial

Athens, Greece 18^st January 2006 – INFORMER Financial announced the commencement of a major new client contract with a project in the Russian Federation to implement an international core banking solution for National Bank TRUST, a top 10 Russian bank in a market with more than 1300 banks.

Rolands Citajevs – Chief Information Officer quotes “ We need to centralize our processing and be able to offer ease of access and support in a consistent manner to all our customers, delivering greater efficiencies and economies of scale for the bank. Based on their 100% track record of success over the last 12 years, we selected INFORMER Financial as our Systems Integration Partner for this mission critical project. They will be implementing the world class TEMENOS T24™ core banking system as the heart of our new platform together with a number of best-of-breed software solutions from GCP (Global Consulting Partners) and INFORMER Financial to cover the full range of requirements that we have across our network.

The total banking solution that INFORMER Financial is implementing for National Bank TRUST will enable the bank to operate 24 hours a day, 7 days a week, across all time zones, utilising a much more efficient and scaleable “centralised” IT architecture.

Ilya Yurov – Group Chairman quotes “We plan to open dozens of new outlets during 2006 and at the same time offer all our clients an improved service level, which our research has proved to be sadly lacking in the banking sector generally in Russia. The cornerstone of our strategy is the use of a fully integrated 24 x 7 IT solution to meet growing customer demands and expectations, whilst ensuring that the system is flexible enough to allow us to adapt to local market conditions. At the same time it needs to be able to handle a significant increase in transaction volumes, that we are all ready seeing, as the market is attracted to the approach that National Bank TRUST is offering to its clients.”

Andrew Ruffell – Deputy CEO of INFORMER Financial quotes: “Clearly this is a very significant project for National Bank TRUST as well as INFORMER Financial. It is one which is of mission critical importance to both companies in facilitating the bank’s expansion plans and our own expanding presence in Russia as the leading systems integrator of TEMENOS’ banking software. We were greatly honoured to have been selected as the bank’s partner of choice for this task. Our proven track record of more than 30 successful core banking system implementations since 1993 was a significant factor is the bank’s selection process.”

About INFORMER Financial

INFORMER Financial is part of the INFORMER Group of Companies founded in 1979 and which is listed on the Greek Stock Exchange with offices in Athens, Cyprus, Bulgaria, Romania, Albania, Serbia, Luxembourg and Egypt

INFORMER Financial is a TEMENOS authorised international system integrator providing a full range of services from initial implementation through to post-implementation support. The company has undertaken more than 30 core banking system replacements and project implementations and offers a comprehensive ranges of services including: system upgrades; system health-checks; performance tuning; system outsourcing; outsourcing of help desk services; on-site maintenance, training and support. The company specialises in the integration of best-of-breed banking software and the provision of turnkey solutions.

For more information about INFORMER Financial please visit: www.informerfinancial.com

About National Bank TRUST :

Although a new name on the Russian market, National Bank TRUST is one that has solid roots in a stable and extensive banking infrastructure, which currently stretches from Kaliningrad to Vladivostok. The bank is driven by a young and dynamic team of Russian bankers, with a powerful combination of western education and experience of best practice, together with a solid track record in the Russian financial marketplace.

The bank currently operates through a large disparate network of 102 offices with 8 regional centers and 48 affiliates each working locally within its own region. It offers a traditional range of banking products (Corporate, retail, SME, etc) with a focused approach to all client segments across the market. It prides itself on being able to offer all clients innovative solutions to suit their evolving financial needs.

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 Contacts

For INFORMER Financial:
Andrew Ruffell
Deputy CEO
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+30 210 9009 208                                     

For National Bank TRUST:
Mr Dmitry Chukseyev
V.P. for PR&communications
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+7095 247 9047