Centras Securities provides additional information on agreement of Kazakhstan Kagazy Group with Alliance Bank

/KASE, October 23, 14/ – Centras Securities JSC (Almaty), a representative of holders of bonds KZP01Y20C023 (KZ2C00000263, KKAGb2), KZP02Y22C027 (KZ2C00000271, KKAGb3) and KZ2C0Y20D116 (KZ2C00000255, KKAGb4) of Kazakhstan Kagazy JSC (Almaty region), officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote Centras Securities JSC (hereinafter – the Representative) based on Agreement on provision of services of a representative of holders of bonds of January 3, 2013, concluded between Centras Securities JSC and Kazakhstan Kagazy JSC (hereinafter – the Issuer), announces that the Issuer as part of fulfillment of liabilities towards the representative of holders of bonds has provided a reply to the earlier query, as follows: Since the amicable agreement on loans concluded between the Issuer and Alliance Bank is not related to major transactions of Kazakhstan Kagazy, presence and approval of a representative of the Committee of creditors is not required. However, we point out that a representative of the Committee of creditors has been informed of the issuer's intention to sign an amicable agreement with Alliance Bank on repayment of the debt and terms of that transaction. unquote [2014-10-23]