/KASE, November 16, 09/ - Astana-Finance (Astana), a company listed on the
Kazakhstan Stock Exchange (KASE), provided KASE with a press release dated
November 16, 2009:
Astana-Finance (the Company) (on behalf of itself and subsidiaries of Astana
Finance B.V.) informed the company entered into a Term Sheet with the Creditors
Committee, specifying terms of restructuring of financial liabilities.
The company and the Creditors Committee agreed in the Term Sheet on general
terms of restructuring, compliance with which is dependent on implementation of
a number of measures specified in the Term Sheet.
Creditors are Nomura International Plc, Banco Finantia SA, Franklin Templeton
Investment Management Limited, Landesbank Berlin AG, and Portland Worldwide
The company is delighted with results of the restructuring, achieved for
the time being, and is grateful to the Creditors for the support in
the restructuring process and is expecting the restructuring process to end
in the nearest time.
The message is posted at the KASE website at