Board of Directors of Delta Bank JCS (Kazakhstan) decided to issue the bond program totaling KZT 50 billion

/IRBIS, November 18, 2011/ - Delta Bank JCS (Almaty, hereinafter - Bank), whose stocks are officially listed at KASE, has provided KASE with the copy of minutes of meeting of the Board of Directors from November 15, 2011. According to the provided document, the Board of Directors has decided the following: - to issue bond program of bank for a total of KZT 50 billion. To carry out the first issue of bonds within the bond program bank for a total of KZT 10 billion, in an amount of 10 million units. Approve release of bonds within the bond program. To approve the involvement of the "Asyl-Invest" as a financial consultant to provide advisory services with the release of the bond program and issue the bonds within the bond program; - in connection with the need to Audit Report on the interim financial statements for the 9 months of 2011 from KPMG Audit, to increase the estimated cost of services of KPMG Audit on audit of financial statements for fiscal year 2011, defined by decision of the Board of Directors of March 10, 2011, and to set that the taking into account the overheads, but excluding VAT shall be 19,600,000.0 tenge. To conclude with LLP "KPMG Audit" service agreement for the preparation of the audit report on interim financial statements for the 9 months of 2011. [2011-11-18]