Board of Directors of Bank CenterCredit JSC (Kazakhstan) made a resolve of conversion of preferred shares KZ1P36280116 into common shares KZ1C36280010

/KASE, May 16, 06/ - Bank CenterCredit JSC (Almaty), shares and bonds of which are traded in Kazakhstan stock exchange's (KASE) official "А" listing category, has informed KASE by official letter of that by Board of Directors the decision of conversion realization of 10.0 m. of offered preferred shares of the bank of KZ1P36280116 issue into common shares of KZ1C36280010 issue has been taken. Conversion will be carried out within 7 calendar days from the date of registration of corresponding changes and additions into specification of shares issue of Bank CenterCredit JSC by authorized body. Pursuant to the specification of shares issue of Bank CenterCredit JSC one converted preferred share is subject to exchange per one common share of the bank. You should apply to Bank CenterCredit JSC on matters of conversion by phone number: (3272) 598550. [2006-05-16]