Subsidiary Organization JSC VTB Bank (Kazakhstan) announces its Board of Directors' August 31, 2011 decisions

/KASE, September 19, 11/ - Subsidiary Organization JSC VTB Bank (Kazakhstan) (Almaty, hereinafter - the Bank), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE that on 31 August, 2011 its Board of Directors took the following decisions: quote 1. The Bank's managerial accounting reports for the reporting period had been taken into account. 2. A series of the Bank's internal documents had been approved. 3. The list of persons related to the Bank by special relationships had been approved as of the reporting date. 4. The remuneration for Ernst & Young, the Bank's auditors in 2011, had been determined. 5. On conclusion of the non-arm's length deal with the person affiliated with the Bank. 6. Some agreements samples for physical persons related to the Bank by special relationships had been approved. unquote [2011-09-19]