Shareholders of BTA Ipoteka (Kazakhstan) confirm annual financial statement and decide not to pay dividends on company's common shares for 2007

/IRBIS, Ekaterina Tatarova, June 18, 08/ - Daughter mortgage organization of joint stock company Bank TuranAlem BTA Ipoteka JSC (Almaty, in title - BTA Ipoteka, hereinafter - the company), bonds of which are traded in Kazakhstan Stock Exchange (KASE) category "A" official list, provided KASE with the extract from the minutes of the annual general meeting of shareholders dated May 30, 2008. According to the mentioned document shareholders of the company made the following decisions: - to confirm annual financial statements of the company for 2007; - not to pay dividends on common shares of the company by results of 2007 and distribute the company's net income in the following way: - to direct KZT1,365,917,000 to the fund of company's shareholders; - to direct KZT290,000,000 to company's reserve fund; - to direct KZT324,348,000 to the fund of company's development; - to direct KZT324,348,000 to the fund of company's consumption. [2008-06-18]