R. Kadyrov was elected as Acting Chairman of the Board of Alliance Bank JSC (Kazakhstan)

/KASE, June 20, 08/ - Alliance Bank JSC (Almaty), securities of which are traded in the Kazakhstan Stock Exchange (KASE) category "A" official list, informed KASE by the official letter that the Board of Directors decision of May 4, 2008, R. Kadyrov was elected as Acting Chairman of the Board of Alliance Bank JSC. According to the message R. Kadyrov's candidacy was submitted for agreement to the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations. [2008-06-20]