Home Credit Group Capitalisation Increased by a Further EUR 80 million

Amsterdam, 01/04/2007

As a result, the direct shareholding of PPF Group N.V. in HCBV was increased to 57.6% with the remaining stake being held indirectly through HC Holding a.s. and Home Credit Grand Holding a.s. - companies that were created following the restructuring of the Home Credit and PPF Groups, a process which included the spin-off of the Home Credit Group from Ceska pojistovna.

"The capital increase of the Home Credit Group is further evidence of PPF's on-going support for the Home Credit Group. It specifically relates to our recent acquisitions in the Ukraine and also supports the expansion and further development of our consumer finance activities across the region. The capital injection also confirms the continued strategic importance of Home Credit's business activities for the PPF Group", comments Alexander Labak, Chief Executive Officer and Managing Partner of Home Credit Group.

Notes to Editors:

PPF Group
PPF Group is a leading diversified financial services group operating in the Czech Republic and across the CEE region with assets under management of approximately EUR 8 billion as at the year-end 2005. The group comprises insurance operations, which includes Ceska pojistovna (Moody's Baa3, S&P BBB) - the largest insurance company in the Czech Republic - Penzijni fond CP and companies specializing in diversified asset management services; the Home Credit Group and PPF banka. PPF Group is active in Central and Eastern Europe, and Central and South-East Asia.
www.ppf.cz

Home Credit Group
The companies comprising the Home Credit Group operate in the Central and Eastern European and Central Asian consumer finance markets and during 2005 had granted loans in the combined principal of USD 2.1 billion. Home Credit maintains a leading position in the consumer finance markets of the Czech Republic (which it entered in 1997), the Slovak Republic (in 1999), the Russian Federation (in 2002), and the Republic of Kazakhstan (in 2005). Home Credit Group entered the Ukrainian market in 2006.
www.homecredit.net

For further enquiries, please contact:

Dita Fuchsova
Senior Communication Manager & Spokeswoman
PPF a.s.
Tel: (+420) 224 559 033
Mobile: (+420) 602 110 082
E-mail: fuchsova@ppf.cz

Tomas Cerny
Head of Capital Markets
Home Credit Group
Tel: (+420) 224 559 174
E-mail: tomas.cerny@homecredit.eu

01/04/2007