AsiaCredit Bank (Kazakhstan) announces concluding of non-arm's length deal

/KASE, March 26, 13/ – JSC "AsiaCredit Bank" (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of having concluded a non-arm's length deal: quote 1) date when the joint-stock company's body took a decision to conclude the deal – March 14, 2013; 2) value of underlying asset – KZT500,000,000 (five hundred million); 3) date of the most recent valuation of the underlying asset – not applicable; 4) percentage ratio of the value of underlying asset to the value of the joint-stock company's total assets – 0.77%; 5) main substantial terms of the deal – Additional agreement of March 14, 2013 on change in payment terms to the Agreement without No. on subscription to shares of JSC "AsiaCredit Bank" among broad public of February 15, 2013; 6) deal conclusion date – March 14, 2013. unquote [2013-03-26]