HALYK SAVINGS BANK IS ANNOUNCING FORTHCOMING MEETINGS WITH PROSPECTIVE INVESTORS REGARDING A POSSIBLE EUROBOND ISSUE

/KASE, January 10, 11/ - Subsidiary of Halyk Savings Bank of Kazakhstan Halyk Finance (Алматы), Kazakhstan Stock Exchange (KASE) stock market member, provided to KASE the following information message: quote JSC Halyk Bank, rated Ba2 (Moody's) / B+ (S&P) / B+ (Fitch), has mandated Citi, Deutsche Bank and Halyk Finance as Joint Lead Managers and Bookrunners to arrange a series of investor meetings commencing the week of January 10th, 2011, with a view to considering an international bond offering in the near future, subject to market conditions. FSA / ICMA Stabilisation. JSC "Halyk Finance" is announcing that a presentation for prospective Kazakhstani investors will be held on 14 January at 15.00 Almaty time at the premises of JSC "Halyk Bank" located at: 109V Abai ave., 5th floor, room 503. To get additional information and to register for the presentation please contact the following representative of JSC "Halyk Finance": Farkhad Okhonov (phone: 8 (727) 330-01-52, fax: 8 (727) 259-05-93, e-mail: farhado@halykbank.kz) JSC "Halyk Bank" is one of the leading banks in Kazakhstan with the largest customer base and largest distribution network. The Bank is a part of financial services group "Halyk Group", which is comprised of 13 subsidiaries and offers a broad range of banking products and services to its retail and corporate customers, including SME clients. Not for release, directly or indirectly, in or into the United States of America, Australia, Canada or Japan. This document (and the information contained herein) does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in the United States, Australia, Canada or Japan or any other jurisdiction where such an offer or solicitation would be unlawful. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or for the account or benefit of U.S. persons, unless the securities are registered under the Securities Act or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States. This communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities falling within Article 49(2) of the Order and (iv) other persons to whomit may lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to, and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. unquote [2011-01-10]