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5/22/2008
Renaissance Capital named Best Investment Bank by securities market association; Research team also recognized as top house
Moscow, May 22, 2008 - Renaissance Capital was today named "Best Investment Bank" and "Best Research Team" by the Russian National Association of Securities Market Participants, known by its Russian acronym NAUFOR. The awards were presented this evening at an event at the Moscow City Golf Club.

Alexander Pertsovsky, Chief Executive Officer of Renaissance Capital, commented when receiving the award: "Last year Renaissance Capital participated in 12 of the 22 deals on the Russian equity capital markets-more than any other investment bank. This award represents the financial community's recognition of our leading position in investment banking. And it is particularly rewarding that this recognition was expressed by real professionals-our colleagues and competitors."

Alexander Burgansky, Head of Equity Research, receiving the Best Research Team award, said: "We are proud that the elite of the securities market thinks so highly of the Renaissance Capital Research team. This award is one more piece of evidence that we provide our clients with a research product that adds real value."

About Renaissance Capital (www.rencap.com)

Renaissance Capital is a leading investment banking firm in Russia, the CIS and sub-Saharan Africa. Renaissance Capital has market-leading positions in each of its core businesses -- M&A, equity and debt capital markets, securities sales and trading, research, and derivatives. Renaissance Capital is part of the Renaissance Group.

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