Sberbank — Capital/Financing Update 2017

Feb 22, 2017

STATEMENT of Material Fact On Change of the Rating of the Issuer of issue-grade securities by the Rating Agency under the Agreement with the Issuer

1. General Information
1.1	Full company name of the issuer	Sberbank of Russia
1.2	Short company name of the issuer	Sberbank
1.3	Location of the issuer	Moscow, Russian Federation
1.4	OGRN (Primary State Registration Number) of the issuer	1027700132195
1.5	INN (Taxpayer Identification Number) of the issuer	7707083893
1.6	Unique code assigned by the registration authority to the issuer	1481В
1.7	Internet addresses used by the issuer to disclose information	http://www.e disclosure.ru/portal/company.aspx?id=3043, www.sberbank.com
2. Content of the Statement
2.1.	Subject of the rating change (issue-grade securities and/or their issuer):	Sberbank (Issuer)
2.2.	Type of rating changed for the subject of rating assessment (credit rating, long-term credit rating, corporate governance rating, other):	Base credit rating; adjusted base credit rating; counterparty risk assessment
2.3.	If the subject of the rating change are issue grade securities of the issuer, indicate the type, category, series and other identifying characteristics of such issue-grade securities:	Not applicable
2.4.	In case of a rating change, indicate the rating value before and after the change.	Base credit rating: rating value before the change - ba2, after the change - ba1. Adjusted base credit rating: rating value before the change - ba2, after the change - ba1. Counterparty risk assessment: rating value before the change - Ba1(cr)/NotPrime(cr), after the change - Baa3(cr)/Prime-3(cr)
2.5.	Date of rating change:	February 21, 2017
2.6.	Brief description of the rating value or address of the Internet page with publicly available information about the methodology used for assigning the ratings:	A description of the methodology used by the international rating agency to assign ratings is publicly available and is published on the website at www.moodys.com.
2.7.	Full and short company names (name for a non commercial entity), location, INN (if applicable), and OGRN (if applicable) of the entity which assigned the ratings (the rating agency).	Full name: Moody's Investors Service Ltd. Short name: Moody's Location: One Canada Square, Canary Wharf, London E14 5FA, United Kingdom
2.8.	Other information about the ratings indicated at the discretion of the issuer:	The rating agency also took the following rating actions: the outlook for issuer's long-term ratings has been changed from Negative to Stable.
3. Signature

Deputy Chairman Of the Executive Board of Sberbank B. I. Zlatkis

February 21, 2017

L.S.