The regulative capital of the bank (Н1) for the first quarter of the current year has increased for 16 mln UAH and for 01.04.2007 it made 235 mln UAH.

ASSETS.
The net assets of "Megabank" for the first quarter of the current year have increased for 198 mln UAH and for 01.04.2007 they made 1 319 mln UAH. In comparison with the similar period of the last year the dynamics of growth of net assets this year has increased for 7%. The plan for the growth of net assets is performed by the bank for 279%. The sum of overperformance has made 127 mln UAH.

During the current year the sum of credits, given to the clients, has increased for 216 mln UAH and for the reporting date it made 960 mln UAH. In comparison with the similar period of the last year the rate of the growth of the credit portfolio in the reporting quarter has grown for 26%. The plan for the growth of the credit portfolio is performed by the system for 142%. The sum of overperformance has made 64 mln UAH.

For the reporting quarter the share of credits of individuals in the total credit portfolio has remained without changes - 22%, and in comparison with the similar period of the last year has increased for 8%.

The sum of problem debts on credits, given to the clients, since the beginning of the year has decreased for 9 mln UAH or for 32% and on 01.04.2007 it made 19 mln UAH. It is 1,98% of the total credit portfolio.

Under credit debts for the period since the beginning of the year the bank has generated the reserves for the sum of 2,6 mln UAH, the total amount of which for 01.04.2007 made 19,2 mln UAH. The sum of reserves under credit operations on the bank’s balance makes 2% of the total sum of the credit portfolio.

LIABILITIES.
The balance capital for 2007 has increased for 12 mln UAH or for 7% and for 01.04.2007 it made 200 mln UAH. In comparison with the similar period of the last year in the current quarter the rate of the growth of the bank’s equity has increased for 4%. The plan of the growth of the bank’s equity is performed by the bank for 400% with the excess of 9 mln UAH.

The net liabilities of the bank during 2007 have increased for 186 mln UAH or for 20% and as for 01.04.2007 they made 1 118 mln UAH. The augmentation of the sum of liabilities in the reporting period is basically supplied by the increase of fixed deposits of the bank’s clients for the total sum of 109 mln UAH.

FINANCIAL RESULT.
Profit, received by the bank in the first quarter of 2007, has made 5 170 thousand UAH, that is 4 times more than for the similar period of the last year. The plan on the profit is performed for 153%. The profitability of assets for 01.04.2007 made 1,8%; profitability of the capital - 10,8%. The bank is considered rather profitable.

SUBSIDIARY NETWORK.
As for 01.04.2007 the regional network of "Megabank" consists of 177 subdivisions, including: 8 subsidiaries, 168 branches and 1 representative office, which function in 17 regions of Ukraine.

Since the beginning of the year the total amount of subdivisions of "Megabank" has increased for 6 structural units: the Crimean and Ternopil central regional branches, 1 universal branch in Kharkiv and 3 points of payment reception - two in Lviv and one in the Kharkiv region.

The total assets of the subsidiary network for 2007 have increased for 64 mln UAH or for 17%, which on 01.04.2007 reached 433 mln UAH, that makes 29% of assets of the whole bank. The summary credit portfolio of the subsidiaries for 01.04.2007 made 389 mln UAH, that makes 41% of the summary credit portfolio of the bank.

During 2007 the fixed deposits of subsidiaries have increased for 3 mln UAH and for 01.04.2007 they made 225 mln UAH. The share of the subsidiary network in the total amount of fixed deposits of the bank makes 30%. The result of activity of the subsidiary network for the first quarter of 2007 became the profit in the sum of 1 174 mln UAH, that makes 23% of the profit received by the bank in the whole.

The profitability of the total assets of the subsidiary network in the first quarter of the current year made - 1,1%.