Shareholders of Alliance Bank (Kazakhstan) JSC confirmed the annual financial statement and procedure of net income distribution for year 2007

/IRBIS, Ekaterina Tatarova, June 23, 08/ - Alliance Bank JSC (Almaty, further - the bank), shares and bonds of which are traded in Kazakhstan Stock Exchange's (KASE) category "A" official list, had provided KASE with the copy of protocol of annual general meeting of its shareholders, dated May 28, 2008. According to provided document, bank's shareholders accepted the following decisions: - to confirm annual financial statement of bank for year 2007; - do not pay dividends on common shares of the bank for 2007, to approve the following procedure of net income distribution for 2007 in amount of KZT42.7 bn.: to direct KZT7,160 m. to increasing of the amount of reserve capital, to direct the remainder to undistributed net income of last years; - to determine Deloitte LLP as the auditor company to audit the bank for 2008; - to confirm amend and additions in resolution on bank's Board of directors. [2008-06-23]