Shareholders of DANABANK JSC (Kazakhstan) elected the Board of directors and decided to increase bank's authorized capital by KZT2.0 bn.

/KASE, October 6, 06/ - DANABANK JSC (Pavlodar, the bank), securities of which are circulating in Kazakhstan stock exchange's (KASE) official "В" listing category, has furnished KASE with a copy of minutes of extraordinary general meeting of shareholders, which took place on September 8 of 2006. According to presented minutes shareholders of the bank have take following decisions: - to increase bank's authorized capital by KZT2.0 bn. by increasing number of declared shares by 2,000,000 items, out of which 1,000,000 are common shares; - to elect bank's Board of directors of three people in the following staff: Saniya Zhakupova, Arman Dzhaparkulov (an independent director), Farida Kurmanova; - to set the term of office of elected members of the Board of directors - before the annual general meeting of shareholders; - to insert changes in the staff of service of bank's internal audit, namely: to elect Mamikhan Arysbekova in the staff of service of internal audit as the head of the service of internal audit and Nurlan Yertayev - as the auditor; - to insert additions in bank's charter, concerning its title in English, shareholders' rights - owners of preferred shares, order and amount of dividends payment on preferred shares of the bank. [2006-10-06]