Shareholders of Tsesnabank JSC (Kazakhstan) decided to increase number of the bank's announced shares by 7,000,000 items and elected new member of the Board of directors

/KASE, February 14, 06/ - Tsesnabank JSC (Astana, hereinafter - bank), whose securities are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, has presented to KASE a copy of the minutes of prescheduled general shareholders meeting, which was held on January 30, 2006. According to the meeting's agenda the bank's shareholders decided: - to increase the bank's authorized capital from KZT3.0 to KZT10.0 bn. by increasing the number of announced shares by 7,000,000 items, out of which 5,250,000 - common and 1,750,000 items - privileged shares; - in connection with pre-term stoppage of authorities of Arutyunyan Ye.M., member of the Board of directors to elect in the bank's Board of directors Listopadnyi G.I. as an independent director. [2006-02-14]