Bektemissov N. was selected as the Chairman of Board of Nurbank JSC (Kazakhstan)

/KASE, September 5, 07/ - Nurbank JSC (Alamty), share and bonds of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list, had furnished KASE with the press release of the following content: Beginning of citation On September 4 of 2007, on the conducted meeting of Board of directors of Nurbank JSC, Nurmuhamed Bektemissov was elected to the position of Chairman of the Board. According to a big shareholder of Nurbank JSC, Nurali Aliyev, "Mr. Bektemissov has an experience of working both on international capital markets and in the financial sector of Kazakhstan. We are certain in that arrival of a professional of that level will be the start for a new stage of the bank's successful development". This assignment is the first step in the realization of tasks targeted on strengthening Nurbank's positions. In his turn, Mr. Bektemissov noticed that, in his opinion, Nurbank has significant internal human resources' and technical potential to enter a new quality level. "Regarding to our strategy, first of all, we are targeted on more dynamic work with natural persons and with SME. Undoubtedly, the bank will continue its work with corporate clients, rendering them integrated services. One of the bank's priorities will also be increasing transparency of the bank, openness for clients and for all participants of the market. It is natural that such tasks would require coordinated work of professional team. The rapt attention would be given to human resource politics and to employees' education and development", - Mr. Bektemissov emphasized. Short reference: Nurmukhamed Beketmissov since May 2006 is the chairman of board of Bank Caspian JSC. Since February 2006 had taken the post of deputy chairman of board of Bank Caspian JSC. During year 2004 Mr.Bektemissov was working in Investment Fund of Kazakhstan as deputy chairman of board. Till year 2004 he obtained the rich investment-financial experience, working in London in leading western investment banks Goldman Sachs International and Morgan Stanley International. Mr.Bektemissov had graduated from Republican specialized physico- mathematical school-hostel named after O.Zhautykov, has the bachelor degree of economy of Pennsylvania University and MBA degree of Harvard business-school. Nurbank JSC enters the ten of largest banks of RK. As of July 1, 2007 assets of bank made KZT190,082,547 th., shareholders equity of the bank had reached KZT36,832,826 th. In summer 2007 authorized capital of bank was increased by KZT11.6 bn. and had reached the indicator of KZT27,029,690 th. Ending of citation [2007-09-05]