BTA Bank (Kazakhstan) intends to conclude non-arm's length deals with Temir Capital B.V. and TuranAlem Finance B.V.

/KASE, July 29, 13/ – JSC "BTA Bank" (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote Hereby JSC "BTA Bank" (hereinafter – the Bank) notifies you of its intention to conclude non-arm's deals with persons related to the Bank by a special relationship: 1. a deal with Temir Capital B.V. by way of signing an Agreement on a bank account in the foreign currency (Euro) on terms corresponding to tariff limits, in accordance with the Rules of general terms of conducting bank and other transactions in JSC "BTA Bank", approved by the Board of Directors of JSC "BTA Bank"; 2. a deal with TuranAlem Finance B.V by way of signing an Agreement on a bank account in the foreign currency (Euro) on terms corresponding to tariff limits, in accordance with the Rules of general terms of conducting bank and other transactions in JSC "BTA Bank", approved by the Board of Directors of JSC "BTA Bank". The decision on conclusion of those deals was taken by the Bank's Board of Directors on July 19, 2013. unquote [2013-07-29]