Extraordinary general meeting of shareholders of Kazkommertsbank (Kazakhstan) to be held November 10, 2008

/KASE, November 10, 08/ - Kazkommertsbank (Almaty), a listing company of Kazakhstan Stock Exchange (KASE) informed KASE that extraordinary general meeting of shareholders will be held at 11:00 November 10, 2008: The only issue on the agenda is approval of dividend payment order on preferred shares of Kazkommertsbank According to Kazkommertsbank the general meeting of shareholders of the bank on an annual basis determines the bank preferred shares dividend payment date. The size of dividend on preferred share is fixed and indicated in the share issue prospectus (USD0.04 a share). It is planned to determine December 12, 2008 as the beginning dividend payment date and November 12, 2008 as the date of compiling of the list of shareholders entitled to receive preferred stock dividends. The meeting will be held at: 135zh, Gagarin ave., Almaty. Registration starts 10:30 a.m. The list of shareholders entitled to participate in the meeting will be compiled as on October 10, 2008. In case of absence of a quorum the recurrent general meeting will be scheduled for November 11, 2008 at the same time at the address as above. The agenda papers of the upcoming meeting will be available ten days before the meeting at: room 104, 135zh, Gagarin ave., Almaty, tel.: (727) 258 52 21. Shareholders - holders of depository receipts, the underlying of which is common stock of the bank, for participation in the meeting of Kazkommertsbank must before November 3, 2008 provide The Bank of New York with the following information: - owner name - for individual/full company name - for legal entities; - citizenship/country of shareholder registration, name and details of the document identifying the shareholder; - number of shares belonging to the owned, - letter of attorney for the representative, authorizing vote at the general meeting in regard of the agenda. Kazkommertsbank states that the stocks nominally held and owned by the owner, the data o which are not disclosed in the Central Securities Depository accounting system, are not deemed voting in accordance with the Law On Joint- Stock Companies. [2008-10-10]