Kazkommertsbank (Kazakhstan) informed that foreclosed international bonds of Kazkommerts International B.V. and Kazkommerts International 2 B.V., accepted as collateral against customer loans

/KASE, December 23, 09/ - Kazkommertsbank (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the following press release of December 23, 2009: quotation starts Kazkommertsbank, one of the largest banks in Kazakhstan and Central Asia, (the "Bank") today announces the details of the Eurobonds that were issued by Kazkommerts International B.V. and Kazkommerts Finance 2 B.V. and accepted by the Bank as collateral against customer loans, including Eurobonds that have been foreclosed by the Bank. The foreclosed Eurobonds were reflected in the balance sheet and cancelled. The cancellation of Eurobonds resulted in a decrease of the Bank's outstanding foreign debt by c.US$ 930 million (EUR 332,835,000; GBP 124,874,000 and US$ 251,598,000). ---------------------------------------------------------------------------- Issued amount Maturity date Principal amount of Out of which principal Eurobonds accepted amount of collateral as collateral during foreclosed* the period 15 May - 15 December 2009* --------------- ------------- -------------------- ---------------------- EUR 300,000,000 23.03.2011 33,082,000 33,082,000 GBP 350,000,000 13.02.2012 127,078,000 124,874,000 USD 500,000,000 16.04.2013 11,068,000 10,558,000 USD 400,000,000 07.04.2014 79,802,000 76,579,000 USD 500,000,000 03.11.2015 114,905,200 105,286,200** USD 200,000,000 27.07.2016 50,307,000 - USD 500,000,000 29.11.2016 59,175,000 59,175,000 EUR 750,000,000 13.02.2017 300,110,000 299,753,000 USD 250,000,000 13.06.2017 29,413,000 - USD 100,000,000 Perpetual 4,349,000 - ---------------------------------------------------------------------------- * Figures denominated in the currency of issuance ** 200 Eurobonds of this issue have not been cancelled For contacts Aliya Nursipatova, Head Investor Relations Tel.: +7 (727) 258-51-25, e-mail: investor_relations@kkb.kz Larissa Kokovinets, Head PR Department Tel.: +7 (727) 258-54-56, e-mail: pr@kkb.kz quotation ends [2009-12-23]