Eurasian bank JSC intends to increase the authorized capital of Eurasian accumulative pension fund JSC (the subsidiary of Eurasian Bank JSC) up to KZT 1,703,244,353.60

/KASE, October 01, 08/ - Eurasian Bank JSC (Almaty), which bonds are traded in Kazakhstan Stock Exchange first subcategory of "Unrated debt securities" category official list, provided KASE with the press-release in which the following is informed: quotation begin The Directors' council of Eurasia bank JSC had accepted the decision about purchasing of 12,340 common shares of Eurasian accumulative pension fund JSC (the subsidiary of Eurasian bank JSC) by the by right of pre- emption. As the result of this additional offering the authorized capital of Eurasian accumulative pension fund JSC will grow more than 3 times - from KZT 503,244,262 to KZT 1,703,244,353.60. In its turn the shareholders' equity increases from KZT 952,855,000 to KZT 2,153,763,000. "More than three times' growth of authorized capital of the pension find is the evidence of that the shareholder is ready to provide the serious support to the company, assist in the strengthening of its positions on the pension market, - the Chairman of board Jomart Yertayev is commenting. - Moreover, the significant flow into the capital of fund within the current comples economic conditions is aimed on the support of depositors' trust into pension system as a whole and Eurasian accumulative penmsion fund in particular". The management of Eurasian bank is sure that increase of the fund's capital together with the effective management will let Eurasian APF to fix in the number of leaders of the home accumulative pension system Eurasian bank JSC is the sole shareholder of Eurasian acuumulative pension fund JSC. As of July 1, 2008 pension asstes of Eurasian accumulative pension fund JSC (the former title is APF Senim) exceeded KZT 43.5 bn. Press service Eurasian bank JSC tel.: (727) 244 39 12, 244 39 43 www.eurasian-bank.kz quotation end [2008-10-01]