Bank Austria Creditanstalt AG finished purchasing of control shareholding of ATFBank JSC (Kazakhstan)

/KASE, November 14, 07/ - Press-service of ATFBAnk JSC (Almaty), securities of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list had spread today the press-release in which the following is informed: Quotation begin Today, Bank Austria Creditanstalt (ВА-СА), subdivision of UniCredit Group for commercial banking operations in Central and Eastern Europe, had finished the process of purchasing of 91.8% from total amount of issued shareholders' capital of ATFBank JSC. Approximate price of deal made $2.117 m. (about 1.452 euro at current rate). In particular, Bank Austria Creditanstalt (ВА-СА) purchased 95.6% from total number of issued common shares for $1.661 m. and 85% from total amount of issued preferred shares for $456 m. As it was informed on June 21, 2007, according to terms of agreement, signed by Bank Austria Creditanstalt and private shareholders of ATFBank JSC, price of deal will be increased by corresponding stake from next payment, calculated from 50% of consolidated net income of ATFBank in year 2007, considering any divergences, indicated in audited consolidated financial statement (comparative to financial statements of last years).. Also according to law of Republic of Kazakhstan about joint stock companies, on November 17, 2007 Bank Austria Creditanstalt announces the compulsory tender for free shares at the price KZT10,180.93 (equivalent $84.37) per each common share and KZT5,675.11 (equivalent $47.03) per each preferred share. In each case price for share will be coordinated with Bank Austria Creditanstalt and main shareholders of ATFBank. Offer will be opened during 30 days, and minority shareholders will have the opportunity to offer their common and/or preferred shares till December 17, 207. Shareholders, offering their shares in the frames of compulsory tender will also have the right to receive corresponding stake from corrected price, described above. With purchase of ATFBank JSC, UniCredit Group will continue to strengthen its positions in Central and Eastern Europe due to presence in Republic of Kazakhstan, and also additional banking operations in Republic of Kyrgyzstan, Republic of Tajikistan and Russian Federation. As consultants from the side of Bank Austria Creditanstalt were acting: Credit Suisse, UniCredit MIB and Allen&Overy. Information about UniCredit Group Along with current capitalization for amount of about 84 bn. euro (as of October 1, 2007), UniCredit Group is in one line with leading financial groups in Europe. UniCredit Group is represented in 23 countries of the world, amount of clients exceeds 40 m. people, number of departments reaches 9000. Staff of UniCredit Group consists of 176,000 employees, total assets make about 1.018 bn. euro as of June 30, 2007. By fusion with Capitalia, taken effect since October 1, 2007, UniCredit Group had significantly strengthened its positions in Italy, which is the core of Group, along with Germany, Central and Eastern Europe. In the region of Central and Eastern Europe UniCredit Group is the largest banking network, consisted from more than 3,700 subsidiaries and departments, where more than 76,000 employees are servicing about 27 millions clients. For contacts: Press-service of ATFBank JSC Gulnaz Bakisheva, 8 (327) 2 583 111 (int. 11 12), mobile +7 701 770 6048 e-mail: g.bakisheva@atfbank.kz Quotation end [2007-11-14]