Bank TuranAlem OJSC categorically refutes rumors about move of chairman of the ban's Board Erzhan Tatishev to the USA

15.05.03, 00:00
/IRBIS, May 15, 03/ - Today Bank TuranAlem OJSC (BTA, Almaty) spread press-
release, which categorically refutes rumors about move of the Chairman of the
bank's Board of directors Erzhan Tatishev to the USA.

"Governing body of Bank TuranAlem OJSC consider it necessary to officially
state that information, which was published in one of internet sites about move
of Chairman of BTA's Board of directors Erzhan Tatishev to the USA, does not
correspond to reality and is considered by BTA's governing body and collective
as provocation", - the press- release says. It's informed that at present
Tatishev is really abroad on business, taking part in delegation, which
conducts road-show on floatation of euronotes of TuranAlem Finance B.V.
(special daughter company of Bank TuranAlem OJSC, which has been registered in
Netherlands) of the 3rd issue.

According to the words of Chairman of the Board of ABN Amro Bank Yan Villem van
den Bos this trip was planned in advance and which is held since May 14 till
May 22 of 2003. The staff of the delegation of Bank TuranAlem OJSC consists of
Chairman of the bank's Board of directors Erzhan Tatishev, the bank's financial
director Erik Sultankulov, chairman's adviser William Minarovich, chief of the
department on the work with international financial institutions Aliya
Baspakova. The delegation will visit New-York, Boston and London. After return
of the delegation of Bank TuranAlem OJSC to Almaty there will be determined
major terms of euronotes issue and all corresponding documents, which are
concerned with this issue, will be signed, the press- release says.

[2003-05-15]