Kazkommertsbank JSC was recognized as best Kazakhstan bank on currency market of year 2007 by version of Global Finance magazine

/KASE, November 27, 07/ - Kazkommertsbank JSC (Almaty), securities of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list had spread today the press-release with the following contention: quotation begin Authoritative international magazine Global Finance recognized Kazkommertsbank as the best Kazakhstan bank on currency market of year 2007 by the results of annual survey. Moreover, Kazkommertsbank became the winner of similar survey of Global Finance in the nomination "Best bank in the country", "Best bank in trading financing" in 2007. Below is given the official message of Global Finance magazine (www.gfmag.com): Global Finance magazine had named the "Best banks of developing markets" in its exclusive review, which will be published in the January number of the magazine. Deutsche Bank was named the world winner. The editors of Global Finance - with participation of analysts of industrial field, corporate heads and technical experts - had chosen the best service providers on currency markets in 82 countries or regions. Also best online currency systems were determined. Criteria of the selection of traditional and online winners included volume of transactions, market share, coverage in global scope, level of clients' servicing, competitive prices and innovation t4echnologies. -Global foreign currency market continues developing in the response on economical, political and technological challenge, - Joseph Giarraputo, publisher and president of Global Finance. - Average daily turnover exceeded $3 trillions on this extensively growing market. We selected the banks, on which big global companies can relay for their FX needs. The regional winners among the best banks of developing markets of Asia, except Kazkommertsbank were called: TBC bank (Georgia), Demir Kyrgyz International Bank (Kirgizia), ICICI bank (India), Asaka Bank (Uzbekistan), China Construction Bank (China), Converse Bank (Armenia), International Bank of Azerbaijan. Global Finance has 50,000 subscribers and more than quarter million readers in 160 countries of the world. The readers' auditorium is represented by owners, heads, top-managers, dealers, treasurers, financial directors, responsible for acceptance of investing and strategic business-decisions in the largest international companies and financial institutions. The magazine is also addressing to 8,000 key portfolio investors, controlling more than 80% of all assets, being under professional management. Kazkommertsbank, founded in 1991, is now the largest bank in Kazakhstan. By the amount of net assets Kazkommertsbank takes the fourth place in CIS - after Russian state Sberbank, Gasprombank, and Vneshtorgbank, and the first place among banks of Kazakhstan. By consolidated data, formed on the basis of ISFS as of the end of current year, the bank's assets have increased by 23% over nine months up to KZT3.008 tr. Net income of the bank in January-September of the current year totaled KZT42.777 bn. against KZT21.827 bn. over the similar period of the last year. Press-service of Kazkommertsbank Diana Kalieva (+7 3272) 585 392 E-mail: DKaliyeva@kkb.kz Quotation end [2007-11-27]