Board of directors of Tsesnabank JSC (Kazakhstan) decided to offer KZ1C33820016 shares by realization of preemption right of shareholders

/KASE, March 24, 06/ - Tsesnabank JSC (Astana), whose securities are traded in Kazakhstan stock exchange's (KASE) official "A" listing category, has informed KASE by the official letter that on February 28, 2006 the bank's Board of directors decided to offer KZ1C33820016 common shares by realization shareholders preemption subscription right on the following terms: - number of common shares to be offered - 1,055,000; - proportion of the number of offered common shares (excluding repurchased by the bank) to the number of common shares to be offered - 1/0.469; - one share's offering price is KZT1,000.0. Period, within which bank's shareholders can submit bids for purchase of shares, according to preemption right, is 30 days since the day of publication of this offer in mass media. The bank's shareholders may purchase the above shares by the address: Astana, 29 Victory Ave., office 525, Derbes Securities JSC. Shareholders of Tsesnabank JSC may purchase shares on equal terms proportionally to number of shares. At that shareholders, who own common shares, have preemptive right for purchase of common shares. The issue is registered by Agency of the Republic of Kazakhstan for regulation and supervision of financial market and financial organizations (AFS) on February 10, 2006 and divided into 7,500,000 common shares KZ1C33820016 and 2,500,000 preferred shares KZ1P33820914. The issue was included in the state securities register under А3382 number. [2006-03-24]