/Specified/ ATFBank OJSC (Kazakhstan) will increase liabilities by ore than 25% of shareholders equity, having issued international and domestic bonds

/KASE, August 4, 03, resent in accordance with specification of in the fourth paragraph concerning term, within which the program of borrowings is in effect/ - ATFBank OJSC (Almaty), whose securities are circulating in Kazakhstan stock exchange's (KASE) official "А" listing category, has presented KASE a copy of minutes of prescheduled general shareholders meeting, which was held on July 29 of 2003. In compliance with the approved agenda shareholders of ATFBank have made following decisions. There has been confirmed intention to increase the bank's liabilities by more than 25% of the size of shareholders equity of ATFBank OJSC by means of: - making of a large deal concerning issue of international bonds to the amount from USD100 m., but not more than the volume of confirmed program of borrowings (total volume of borrowings for the nearest three years equaling to USD300 m. was confirmed at the general shareholders meeting on March 17 of 2003); - issue of domestic bonds with the face value of 1 tenge in the volume of KZT4.5 bn. with 3-7-year circulation term. In accordance with issue and floatation of bonds shareholders charged the Board of ATFBank OJSC with holding measures, which are necessary for registering issues and floatations of securities at the market. Besides, shareholders have confirmed the charter of ATFBank OJSC in new edition and charged the bank's Board with holding all necessary measures concerning the state registration of the new charter. There is also a paragraph among decisions of the meeting, which concerns dividends payment on common inscribed shares of ATFBank OJSC for 2001- 2002 to RINK INVEST LLP (Almaty), which is the bank's shareholder, by means of transferring the sum of dividends to its settlement account. [2003-08-04]