Kazkommertsbank (Kazakhstan) purchased 9 870 shares of UlarUmit Accumulated Pension Fund within the frames of option right

/KASE, November 5, 08/ - Kazkommertsbank (Almaty), the listing company of Kazakhstan Stock Exchange (KASE) provided KASE with the press release, dated October 30, 2008 of the following content: Quotation start Kazkommertsbank purchased shares of the new issue of UlarUmit Accumulated Pension Fund within the frame of option right. The Board of directors of Accumulated Pension Fund UlarUmit JSC (further - the fund) on October 3, 2008decided to place 20 000 common shares of the fund at KZT110 000. Kazkommertsbank paid KZT1 085 700 000 per 9 870 shares of the new issue of the fund on November 5, 2008. As a result, the stake of Kazkommertsbank hasn't changed and made 49.35 % form the authorized capital of the fund. Quotation end [2008-11-05]