Subsidiary of joint stock company BTA Bank-Temirbank (Kazakhstan) commented the government entry to BTA Bank capital and the currency market situation

/KASE, February 10, 09/ - Subsidiary of joint stock company BTA Bank- Temirbank (Almaty), the listed company of Kazakhstan Stock Exchange (KASE), provided today KASE the press release on the following: Quotation start Temirbank continues stable performance. The government entry to BTA Bank capital indirectly increased Temirbank reliability. Temirbank chief executives are confident that these changes will positively influence on the bank market position, and additional support of Samruk-Kazyna Fund will open new perspectives for further growth and development. Commenting today's currency market situation, Ablakhat Kebirov, Chairman of Temirbank Board said that sharp rate fluctuations resulted in imbalanced change in the tenge exchange rate currency regulation methods, made by the National Bank of the Republic of Kazakhstan during the short time period, which resulted in the speculative demand for a foreign currency given the expected dollar rate growth. "We expect that the rate of tenge will not significantly change in the nearest time. It reached the short-term balance, - said Ablakhat Kemirov. We recommend all Kazakhstan citizens not to be tempted to buy-sell a foreign currency in the nearest time as the current rate is speculative and the balance point has not been determined yet. In the future the rate fluctuations are still possible, both up and down. - He explained. - This means that significant transactions on the currency market in the short time period may lead to both the super profits and losses. Temirbank expresses its gratitude to all clients, who remains the bank faithful friends and partners in this difficult for Kazakhstan economy period, and hopes fort further fruitful cooperation, - said Ablakhat Kebirov". Press Service, 2587889 (ext. 5335) Quotation end [2009-02-10]