Batys tranzit (Kazakhstan) announces changes in Board of Directors

/KASE, January 30, 14/ – Batys tranzit (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of January 28, 2014: quote Due to the expiry of the term of office of the former Board of Directors, the special general meeting of shareholders of January 27, 2014 decided to appoint a new composition of the Board of Directors of Batys tranzit as follows: - Askar Iskakov (representative of shareholder Mechenergostroi); - Abat Akmurzin (representative of shareholder KEGOC); - Sanzhar Shaimardan (independent director); - Oraz Zhandosov (independent director); - Kurmangazy Ibraiymov (Chairman of Management Board) By decision of the Board of Directors of January 28, 2014 Askar Iskakov, formerly Chairman of Management Board, was appointed the Chairman of Board of Directors of Batys tranzit. Rustem Temirgaliev, formerly the Chairman of Board of Directors, was appointed the Advisor to the Chairman of Board of Directors on corporate issues. unquote [2014-01-30]