Kazkommertsbank JSC (Kazakhstan) informed about change of indirect stake of participation of Subkhanberdin N.S. in authorized capital of the bank

/KASE, August 2, 07/ - Kazkommertsbank JSC (Almaty), being the listing company of Kazakhstan stock exchange (KASE) provided KASE with the press-release of next contention: quotation begin August 2, 2007, Almaty - Kazkommertsbank JSC informs about increase of indirect stake of owing in capital of Bank of the big participant Mr. Subhanberdin N.S. Currently the big participants of Bank, to which belong more than 10% from total maount of offered common shares of the Bank are Central-Asian Investment Company JSC (further - CAIC) (32.12%) and Mr. Sukhanberdin, Chairman of Bank's Bard of directors (12.62%). As the result of conduction on July 31, 2007 of deals with shares of CAIC, stake of Mr. Sukhanberdin in capital of CAIC increased from 55.2% to 87.2% from total amount of common shares of CAIC. As the result it increased the indirect participation of Mr. Sukhanberdin in capital of Bank through capital of CAIC from 17.73% to 28.01%. Direct participation of Mr. Sukhanberdin in the Bank did not change. Currently the structure of shareholders - holders of common shares of Bank look in next way: Top-management of the Bank (directly and indirectly) - 45.1214%, from whihc: - Mr. Sukhanberdin N.S. - 40.9874%; - Ms. Zhusupova N.A. - 4.134%; European Bank for Reconstruction and Development - 8.45% Holders of depositary receipts - about 45%; Other investors - more than 1%. Kazkomertsbank (www.kkb.kz) today is the largest bank of Kazakhstan. By size of assets Kazkommertsbank is confidently holding the 4th place in CIS - after state Russian Sberbank, Gazprombank and Vneshtorgbank. By data as of March 31, 2007 assets of Kazkommertsbank increased by 4.5% since beginning of current year and made KZT2,555 bn. or $20.6 bn. Kazkommertsbank have daughter banks in Kirgizia and Russia, is the main shareholder of pension fund Grantum, insurance companies Kazkommerts- polis and Kazkommerts -Life, and also investment companies Kaskommerts Securities and Kazkommerts RFCA, have the significant participation in capital of pension fund UlarUmit and company for management with pension assets Zhetysu. Central-Asian Investment Company JSC is the mother company of banking conglomerate Kazkommertsbank, has the corresponding permission of Agency for financial supervision. Shareholders of the company are the top- managers of the Bank - Chairman of Board of directors Mr. Subkhanberdin N.S. (87.2%) and Chairman of board Ms. Zhusupova N.A. (12.8%). For contacts: Kazkommertsbank JSC Larisa Kokovinets, press-secretary. tel. +7 (327) 2 58-54-56, 2 58-53-92, pr@kkb.kz ; press@kkb.kz Amrina Maral, Head of Department of work with investors Tel. +7 (327) 2 58-51-25, investor_relations@kkb.kz Quotation end [2007-08-02]