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Placement of NBA’s Short-term Notes Limited

Business Materials 1 December 2008 19:50 (UTC +04:00)

Azerbaijan, Baku / Trend / On 3 December 2008, from 11:00 to 12:30 an auction on placement of notes of National Bank will be held on BSE.

The state registration number of Notes is 50104819S. The volume of the issue is AZN 50,000,000, volume put-up in auction AZN 40,000,000, face value per note AZN 200, turnover period 27 days. The maturity date is December 30, 2008.

Total number of bids (competitive and noncompetitive) presented by each bank should not exceed 3.

Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.

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