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    PPF’s new investment in Russia

    PPF Group N.V. announces that through its 100% subsidiary, Russia Finance Corporation B.V., it has acquired a 9.9% stake in the Russian Khanty-Mansiyskiy Bank. This investment is in line with the Group"s strategy to pursue further investment opportunities in the Russian market. PPF Group has a significant track record of investments into the Russian banking segment, being 100% owner of Home Credit and Finance Bank and 29.9% shareholder in Nomos-bank.

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