AFS agreed appointment of Izgutin O.S. to position of Chairman of ATF Finance JSC Board

/KASE, July 15, 08/ - Subsidiary of ATFBank JSC - ATF Finance JSC (Almaty, in the headline - ATF Finance JSC), the member of Kazakhstan Stock Exchange (KASE) by categories "A", "K", "P" and "H", provided to KASE the press release where informs on the following: Quotation start ATF Finance JSC informs that the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations agreed appointment of Izgutin Olzhas to the position of Chairman of ATF Finance JSC Board. Mr. Izgutin has the economic and legal education, and work experience in the largest banks of Kazakhstan. He managed Securities Department of Astana- finance JSC. Later he participated in establishment of Brokerage company Astana-finance JSC, where took the position of Chairman of Board. The practical experiences of work of Mr. Izgutin will no doubts facilitate further ATF Finance JSC development. Also, in compliance with the decision of ATF Finance JSC Board of Directors of July 2, 2008, into the composition of ATF Finance JSC Board was included Managing Director Tassybaev Aidar. Mr. Tassybaev worked in the financial system since 1995 on managing positions in large investment companies, such as Tsesnabank, KazInterBank, KIB ASSET MANAGEMENT and Astana-finance. In ATF Finance Mr. Tassybaev will coordinate such business areas as cooperation with investors, investment and banking activities, including underwriting, securities offering, private borrowings for companies, merger, creation of strategic alliances, consulting, etc. ATF FINANCE JSC - 100% subsidiary of ATFBank JSC in the structure of UniCreditGroup. The company has the license for brokerage and dealer activities on securities market entitled to keep accounts as the nominal holder and to manage the investment portfolio. The western style of business activities of ATF Finance is represented jointly with the large Russian investment company - UniCredit ATON and Pioneer Investments - the largest investment institution in Europe. For contacts: Rustem Ermekbaev - Marketing Department of ATF Finance JSC Tel.: (727) 258 31 17 E-mail: atffinance@atfbank.kz Internet site: www.atf-finance.com Quotation end [2008-07-15]