Eurasian Bank JSC (Kazakhstan) informed of the intention to found the daughter organization (SPV) in Netherlands

/KASE, September 21, 06/ - Eurasian Bank JSC (Almaty), of which bonds are traded in Kazakhstan stock exchange's (KASE) official securities list under "A" category, has presented KASE the receipt of the minutes of the meeting of its Council of directors dated August 23, 2006. It is said in the mentioned document that Council of directors of Eurasian Bank JSC took a decision on establishing the daughter organization of the bank - Eurasian Capital B.V. (in case this title conflicts with Holland legislation on trade titles, it will be renamed) as a private organization with limited liability in Amsterdam city (The Netherlands) with 100% part of Eurasian bank JSC in its authorized capital. Authorized capital of the company to be founded is at 90,000 euro. Besides that, Council of directors of Eurasian Bank JSC took a decision to confirm Charta of the company to be formed and to appoint M. Timkin the director of the daughter organization. [2006-09-21]