Kazkommertsbank (Kazakhstan) intends to pay out dividends on preferred shares KZ1P00400112 (KZ0005416453, KKGBp) due for 2011

05.12.12 14:49
/KASE, December 5, 12/ - JSC "Kazkommertsbank" (Almaty), whose securities are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of December 5, 2012: quote Kazkommertsbank, one of the largest banks in Kazakhstan and Central Asia, announces today the payment of dividends on preference shares subject to the decision of the Annual General Meeting of the Shareholders dated 18 May 2012. The details are as follows: 1. Name of the Bank: Kazkommertsbank Joint-Stock Company; address: 135Zh Gagarin Avenue, Almaty 050060, Kazakhstan; Bank details: BIC KZKOKZKX, TIN 600400055239, IIC KZ75125KZT1001300335 at the National Bank of the Republic of Kazakhstan, BIN NBRKKZKX, residency - 1, sector of economy - 4; 2. Period dividends are payable for: Calendar year; 3. Amount of dividends: Subject to the Share Issue Prospectus, the dividends on the Bank's preference stock are fixed at 0.04 USD per one preference share and shall be paid in Tenge based on the US$/KZT exchange rate as at the date of payment. The US$/KZT exchange rate shall be defined as a rate fixed at the morning (major) session of Kazakhstan Stock Exchange on a business day preceding the pay-out date; 4. Payment commencement date: Preference stock dividend pay-out shall commence on 12 December 2012. The list of shareholders eligible to obtain dividends on the preference stock has been fixed and closed on 12 November 2012; 5. Order and form of payment: Dividends shall be paid via funds transfer to a bank account of a holder of preference shares. Contacts: Maira Saburova, Corporate secretary +7 (727) 258-52-21, E-mail: msaburova@kkb.kz Aliya Nursipatova, Investor relations +7 (727) 258-51-25, E-mail: investor_relations@kkb.kz Larisa Kokovinets, Director PR tel.: +7 (727) 258-54-56, 258-53-92, E-mail: pr@kkb.kz unquote [2012-12-05]