The stockholders of "National savings bank of Kazakhstan" JCS decided not to calculate and pay the dividends on bank's common shares for 2010

/IRBIS, May 6, 2011/ - "National savings bank of Kazakhstan" JCS (hereinafter referred to as bank), whose stocks are included into KASE official list, has provided KASE with the minutes of meeting of the bank's stockholders from April 21, 2011 According to the given document, the Directors board has made the following decisions: - to approve the annual consolidated financial statements for the year 2010 with the report of independent auditors; - to approve the following allocation of net income received as a result of financial and economic activities of the bank for 2010: - Part of the net income of $ 5,492,391 900.16 tenge should be sent to direct payment of dividends on preferred shares of the bank KZ1P33870117 (HSBKp) and preferred stock, convertible into common shares of the bank KZ1P33870216 (HSBKp1) in the amount and manner specified by the authorized body of the bank; - not to calculate and pay the dividends on common shares for 2010; - part of net income should be sent to the extending of bank's reserve capital to the amount of 5,169,137,000.0 KZT, taking into account the minimum amount of reserve capital; - to set "Deloitte" JCS as the audit organization for the totals of 2010 activity; - to set the membership of the Bank's Director Board to the amount of seven people; - to set the terms of office of the Directors board as 3 years, which would expire by the next annual stockholders' meeting, which holds the new Directors Board election; - to elect members of the Board of Directors of the Bank: Damitov K.K., Christoph Relle, Pavlov A.S., Satylganova K.A., Ulf Vokurka, Frank Kaylars, Shayakhmetova W. B. In this case, Damitov K., Christoph Relle, Pavlov, AS, Ulf Vokurka, Frank Kaylars were elected to the Board as independent Board of Directors and Satylganov K.A. was elected to the Board of Directors as a representative of the bank's major shareholder JSC "Holding Group" ALMEX; - to approve the amendments into Bank's charter; - to approve the amendments into the Corporative governing codex; - to approve the amendments into the Statute on bank's Directors Board. [2011-05-06]