5

Authorised
by the resolution of the Supervisory Board of
OJSC “Bank “Saint-Petersburg”
Minutes dated March 25, 2013 No.03

DRAFT RESOLUTIONS

of the Annual General Shareholders' Meeting

April 26, 2013

Item 1. Determining the procedure for the OJSC “Bank “Saint-Petersburg” Annual General Shareholders' Meeting

RESOLVED:

To determine the procedure for the OJSC “Bank “Saint-Petersburg” Annual General Shareholders' Meeting according to the draft put to a vote.

Item 2. Approval of the 2012 annual report, annual financial statements, including 2012 income statement and profit allocation statement of OJSC “Bank “Saint-Petersburg” for 2012.

RESOLVED:

To approve the 2012 annual report, annual financial statements, including 2012 income statement and profit allocation statement of OJSC “Bank “Saint-Petersburg” for 2012.

Item 3. Dividend payment for 2012: determining the 2012 dividend amount, the commencement date and the procedure for dividend payment.

RESOLVED:

To pay dividends for 2012. To determine the 2012 dividends on common shares in the amount of 11% of nominal value, on preferred shares in the amount of 11 % of nominal value, on type A preferred shares in the amount of the Rouble equivalent of 13.5 % of one type A preferred share placement price in USD. The Rouble equivalent shall be calculated at the exchange rate of the Bank of Russia set as at the date of approval of dividend amount recommendations on type A preferred shares by the Bank's Supervisory Board.

To determine the commencement date for dividend payment – June 10, 2013. To determine the procedure for dividend payment in accordance with the draft put to a vote.

Item 4. Remuneration payment to the members of the Supervisory Board of OJSC “Bank “Saint-Petersburg” for 2012.

RESOLVED:

To approve remuneration payment to the Supervisory Board members of OJSC “Bank “Saint-Petersburg” for 2012 as follows:

1.Neivelt Indrek RUR2,200,000 in a lump sum;

2.Bychkov Andrey Pavlovich RUR2,000,000 in a lump sum;

3.Buyske Susan Gail RUR1,850,000 in a lump sum;

4.Ibragimov Andrey Taledovich RUR1,950,000 in a lump sum;

5.Ivannikova Elena Viktorovna RUR1,300,000 in a lump sum;

6.Kukuruzova Nina Vasilyevna RUR1,900,000 in a lump sum;

7.Pustovalov Alexander Vadimovich RUR2,100,000 in a lump sum;

8.Savelyev Alexander Vasilyevich RUR1,500,000 in a lump sum;

Item 5. Compensation to the Supervisory Board members of OJSC “Bank “Saint-Petersburg” of the costs incurred and related to acting in their professional capacities.

RESOLVED:

To compensate to the Supervisory Board members of OJSC “Bank “Saint-Petersburg” the actual costs incurred and related to acting in their professional capacities as members of the Supervisory Board for the period of holding office in 2013–2014 till the next Annual General Shareholders' Meeting, namely: accommodation, transportation and other transport expenses, in the total amount not exceeding RUR2,500,000.

Item 6. Appointment of the OJSC “Bank “Saint-Petersburg” auditor for 2013.

RESOLVED:

To approve CJSC “BDO” as an auditor of OJSC “Bank “Saint-Petersburg” for 2013.

Item 7. Determining the number of the Supervisory Board members of OJSC “Bank “Saint-Petersburg”.

RESOLVED:

To determine that the Supervisory Board of OJSC “Bank “Saint-Petersburg” consists of 12 members:

Item 8. Election of the Supervisory Board members of OJSC “Bank “Saint-Petersburg”.

RESOLVED:

To elect the following persons as members of the Supervisory board of OJSC "Bank "Saint-Petersburg":

1. Buyske Susan Gail

2. Bychkov Andrey Pavlovich

3. Garyugin Vladimir Alexandrovich

4. Ibragimov Andrey Taledovich

5. Ivannikova Elena Viktorovna

6. Karmazinov Felix Vladimirovich

7. Kukuruzova Nina Vasilyevna

8. Manasov Marlen Geraldovich

9. Neivelt Indrek

10. Pustovalov Alexander Vadimovich

11. Savelyev Alexander Vasilyevich

12. Smushkin Zakhar Davidovich

Item 9. Approval of the interested party transactions in compliance with Chapter XI of the Federal Law “On Joint-Stock Companies”.

RESOLVED:

To approve the interested party transactions of OJSC “Bank “Saint-Petersburg” including loan, credit, pledge, guarantee, bank deposit, sale and purchase, lease, conversion deals, placement via subscription or sale of OJSC “Bank “Saint-Petersburg” common stock which may be made in future (before the next Annual General Shareholders' Meeting) in the course of Bank’s general economic activities for up to 3% of balance sheet value of the Bank’s assets calculated on the basis of its financial statements as at the recent reporting date before entering into the transaction for each transaction or several related transactions with the counterparties according to the list attached (under Article 83 of the Federal Law “On Joint-Stock Companies”):

No. / Name of conterparty

Natural persons

1. / Balandin Konstantin Yuryevich
2. / Buyske Susan Gail
3. / Bychkov Andrey Pavlovich
4. / Volodina Olga Dmitrievna
5. / Volodin Maxim Evgenyevich
6. / Volodin Evgeny Nikolaevich
7. / Garyugin Vladimir Alexandrovich
8. / Ganzer Irina Gennadyevna
9. / Guz Vladislav Stanislavovich
10. / Guz Natalia Vyacheslavovna
11. / Guz Svetlana Stanislavovna
12. / Ibragimov Andrey Taledovich
13. / Ibragimov Denis Andreevich
14. / Ivannikova Elena Viktorovna
15. / Ivannikov Alexander Sergeevich
16. / Ivannikov Kirill Alexandrovich
17. / Karmazinov Felix Vladimirovich
18. / Kukuruzova Nina Vasilyevna
19. / Malysheva Irina Vladimirovna
20. / Malyshev Vladimir Konstantinovich
21. / Malyshev Igor Vladimirovich
22. / Manasov Marlen Geraldovich
23. / Neivelt Indrek
24. / Pustovalov Alexander Vadimovich
25. / Reutov Andrey Vladimirovich
26. / Reutov Vladimir Grigoryevich
27. / Savelyev Alexander Vasilyevich
28. / Savelyev Andrey Vasilyevich
29. / Savelyeva Oksana Alexandrovna
30. / Savelyeva Olga Ivanovna
31. / Sivokobilska Oksana
32. / Skatin Vladimir Pavlovich
33. / Skatin Alexey Vladimirovich
34. / Skatin Andrey Vladimirovich
35. / Skatina Anastasia Vladimirovna
36. / Smushkin Zakhar Davidovich
37. / Filimonenok Pavel Vladimirovich

Legal entities

1. / CJSC "SPICEX"
2. / CJSC "BUMR "Svyazstroy"
3. / CJSC "Verniye druzya"
4. / CJSC "Evolyutsiya" Investment Group"
5. / CJSC "Kompyuterniye sistemy dlya biznesa"
6. / CJSC "Musin, Ibragimov & Partners"
7. / CJSC "Realitet"
8. / CJSC "Telezhnaya 17–19"
9. / CJSC "UK "Start"
10. / CJSC "UK "Start Development"
11. / OJSC "Ilim Group"
12. / OJSC "IK Russ-Invest"
13. / OJSC "Merko Ekhitus"
14. / OJSC "Metrostroy"
15. / OJSC "MICEX"
16. / OJSC "Sovkomflot"
17. / LLC "Aleo"
18. / LLC "Alpha"
19. / LLC "Alyans Gur"
20. / LLC "Varuna"
21. / LLC "Veles"
22. / LLC "Wellness Group"
23. / LLC "Wellness Group Cosmetics"
24. / LLC "Venets"
25. / LLC "Vuoksa" (INN 4712126603)
26. / LLC "Vuoksa" (INN 7806385486)
27. / LLC "Gorizont" (INN 4706032611)
28. / LLC "Gorizont" (INN 4706023215)
29. / LLC "GOTIKA"
30. / LLC "Gotika"
31. / LLC "IGIT" (Institute of Geographical Information Technologies)
32. / LLC "Institute of Construction Projects"
33. / LLC "IPEiG" (Institute of Applied Ecology and Hygiene)
34. / LLC "Irbis"
35. / LLC "ITB"
36. / LLC "ITR" (Institute of Spatial Development)
37. / LLC "Kvartz"
38. / LLC "Komline"
39. / LLC "KOPOSAKHA"
40. / LLC "Landskrona"
41. / LLC "Linair"
42. / LLC "Perun"
43. / LLC "NORD"
44. / LLC "Olimp-finans"
45. / LLC "Renta"
46. / LLC "Sukhodol"
47. / LLC "Forum Telekom"
48. / LLC "Forum" (INN 7825096514)
49. / LLC "Forum" (INN 7802435961)
50. / LLC "ForumBau"
51. / LLC "Elektron Luks"
52. / Self-regulating organization "National Fund Association"
53. / Teacher Staff Cultural Centre of Saint-Petersburg
54. / "BALTVOD", Water Sector Association for North-West Russia
55. / ISSARDY HOLDINGS LIMITED
56. / LDiamon
57. / OU Trust IN
58. / OJSC AKB "Zarechye"
59. / GUP "Vodokanal SPb"
60. / GUP "Peterburgsky Metropolitan"
61. / Cottage Non-Commercial Partnership "Pribrezhnoye"
62. / Non-Commercial Partnership "Natsionalny Soyuz Vodokanalov"
63. / Non-Commercial Partnership "Rossijskoye vodnoe obshchestvo"
64. / Russian Micro-finance Centre
65. / LLC "UK "Malaya Okhta"
66. / OJSC "Avtopark No. 7 Spetstrans"

Item 10. Election of the Revision Committee members of OJSC “Bank “Saint-Petersburg”.

RESOLVED:

To elect the following persons as members of the Revision Committee of OJSC “Bank “Saint-Petersburg”:

1. Babikova Olga Ivanovna

2. Voronova Tatyana Nikolaevna

3. Golovko Ekaterina Romanovna

4. Duryagina Elena Vladimirovna

5. Komysheva Nadezhda Innokentyevna

Item 11. Increase of the OJSC “Bank “Saint-Petersburg” share capital through placement of 110,000,000 (one hundred and ten million) additional ordinary registered shares in book-entry form.

The wording of the decision: To increase the OJSC “Bank “Saint-Petersburg” share capital through placement of additional ordinary registered shares (hereinafter, “Additional shares”) on the following terms:

Number of Additional shares being placed: 110,000,000 (one hundred and ten million).

Par value of one Additional share: 1 (one) Rouble.

Form of Additional shares issuance: book-entry form.

Additional shares are placed through: public subscription.

Procedure for Additional shares placement price determination: Additional sharers placement price, including additional shares placement price to shareholders with a pre-emptive right of acquisition shall be defined by the Supervisory Board of OJSC “Bank “Saint-Petersburg” no later than the starting date for additional shares placement.

Form of payment for Additional shares at their placement: payments for the Additional shares being placed shall be made in Russian Roubles.