Kazkommertsbank (Kazakhstan) increases Kazkommertsbank Kyrgyzstan chartered capital

/KASE, October 28, 08/ - Kazkommertsbank (Almaty), the listed company of Kazakhstan Stock Exchange (KASE), disseminated today the press release on the following: Quotation start Kazkommertsbank has completed the purchase of newly issued common shares of JSC Kazkommertsbank Kyrgyzstan, in line with its preemptive rights. On March 31, 2008, the General shareholders meeting of Kazkommertsbank Kyrgyzstan decided to increase the chartered capital of the Bank by issuing 41,000 new common shares. The share placement price (according to independent valuation) was KGS 1,352 per share. On September 18, 2008, the Kyrgyz Financial Market Supervision and Regulation Service registered the new share issue. As a result of the new issue, the chartered capital of JSC Kazkommertsbank Kyrgyzstan increased by KGS55,432,000 (USD1,450,715.91). The holding of Kazkommertsbank remains unchanged at 93.58% of the total chartered capital of Kazkommertsbank Kyrgyzstan. For contacts: Aliya Nursipatova, Investor Relations Tel: +7 (727) 258-51-25, E-mail: investor_relations@kkb.kz Birzhan Astayev, CIS and Baltics Department, Tel: +7 (727) 585 280, bastaev@kkb.kz Larissa Kokovinets, Public Relations Tel: +7 (727) 258-54-56, E-mail: pr@kkb.kz Quotation end [2008-10-28]