Shareholders of Kazakhstan Mortgage Company JSC include changes in the Board of directors` staff and decided on increasing the amount of announced company's shares

/IRBIS, Ekaterina Tatarova, July 29, 08/ - Kazakhstan Mortgage Company JSC (Almaty, hereinafter - the company), the listing company of Kazakhstan Stock Exchange (KASE), had furnished KASE with a copy of protocol of extra general shareholders' meeting dated July 11 of 2008. According to the presented document, the shareholders of the company accepted the following decisions: - Concerning company's Board of directors: - to terminate the authorities of the member of Board of directors B. Kalibekov since January 8, 2008; - to confirm the current staff of company's Board of directors: D. Ergozhin (the Chairman of Board of directors), N. Kadyukov, A. Ibadullaev, N. Tihonyuk, V. Dubrovin; - to elect O. Fishman as a member of company's Board of directors; - to elect B. Dosmuhambetov as an independent member of company's Board of directors; - to include the question on electing 3 new members of Board of directors to agenda of the next general shareholders` meeting; two of them will have the status of independent members, third - to represent the interests of Halyk Finance JSC; - to determine the term of authorities of company's Board of directors - 1 year; - to confirm changes and additions in company's charter, considering shareholders` remarks and suggestions in terms of guarantee amount of dividend per one preferred share; - to confirm the regulation on company's dividend policy; - to confirm increasing of announced company's shares by means of preferred shares issuing in amount of 10% of total amount of announced shares; - to confirm KPMG Audit LLP as an audit organization to audit company for 2008; - to approve company's entering the direct crediting market by means of purchasing the current mortgage company. [2008-07-29]