Erick van Egeraat Wins International Competition for Dynamo Stadium in Moscow

ROTTERDAM, The Netherlands, June 30, 2010 - Erick van Egeraat has been awarded the first prize in the closed
international design competition for VTB Arena Park in Moscow on the
initiative of the VTB Bank. The 300,000-m2 VTB Arena Park is one of the
largest projects that will be developed in the Russian Federation in the
coming years. VTB Bank will provide an investment of approx. EUR500 million
for the development of this large-scale project.

VTB Arena Park comprises the redevelopment of the Dynamo Moscow stadium
and its surrounding park. Erick van Egeraat proposed a contemporary
multifunctional urban regenerator, that will play a key role in transforming
its wider surroundings. Erick van Egeraat's 300,000-m2 multifunctional
culture, health and sports centre will be developed on a 116,000-m2 site and
will comprise a 45,000-seat Stadium Arena for Dynamo Moscow, a 10,000-seat
Arena Hall, a Retail and Entertainment complex, restaurants, parking and
other facilities.

Erick van Egeraat and his Russian partner Mikhail Posokhin (Mosproekt-2)
selected a team of Russian and internationally acclaimed consultants for this
competition, including Bollinger + Grohmann structural engineers, Amsterdam
ArenA Advisory, Artec Acoustic consultants and Illuminator lighting
consultants. Erick van Egeraat's design was chosen out of five international
competitors, including NPS Tchoban Voss with gmp von Gerkan Marg und Partner,
STD development with Interstudio, ABD with Perkins Eastman International, and
Mosproekt 4 with Populous.

The final jury sitting was held on Monday. The jury, consisting of
international specialists and chaired by Yuri Luzhkov, Mayor of Moscow,
Andrei Kostin, VTB Chairman and Alexander Avdeev, Minister of Culture of the
Russian Federation, unanimously selected Erick van Egeraat's design. The jury
especially praised the design for its 'all-under-one-roof' concept, providing
a multifunctional mix of sports and cultural facilities all concentrated in
and underneath the current stadium perimeter.

Other key characteristics of the winning proposal are:

    - historic preservation:
    - self sustaining business model
    - park preservation and enlargement
    - full FIFA compliance soccer stadium
    - transferium

After a redevelopment according to this design proposal, VTB Arena Park
will be better equipped than ever to be a welcoming destination to anyone
living, working or visiting the city of Moscow.

"The jury presented their ambition for the site, acknowledging that this
was the only design that achieved all objectives whilst respecting the park
and the monumental value," says Erick van Egeraat. "This challenging site
embodies a great tradition which we must honour. It also holds all potential
conflicts a city can offer. To resolve this, we proposed a design that
embraces the history and context of the Dynamo stadium and the Petrovski Park
and creates a contemporary icon of the 21st century of which the people of
Moscow can be proud. A project that will provide diversity to the area and
reinforce its identity."

About the site

The Dynamo Moscow stadium (1928) is located at Petrovsky Park, a site
with a rich history that goes back to the year 1782, when Catherina the Great
ordered the construction of the Petrovski Palace. Over time, restaurants,
terraces, concert pavillions and even a cinema studio were erected in the
park, becoming a main Moscow cultural and entertainment get-away. In order to
comply with contemporary international requirements, and to support Russia's
bid to host the 2018 FIFA World Cup, the Administration of the Stadium and
VTB in 2010 organised the tender for the development and reconstruction of
the site.

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Notes to the editors:

www.erickvanegeraat.com

For further information please contact: (Designed by) Erick van Egeraat, Ola Sinoo, Public Relations, T: +31(0)10-436-96-86, E: osinoo at erickvanegeraat.com .