Shareholders of Bank TuranAlem OJSC: information published regarding TuranAlem Finance B.V.

/IRBIS, July 18, 01/ - In March 1998, the GOK held closed auction for sale of 100% of TuranAlem shares. The shares were bought out by consortium of private companies for $72.0 mln. The consortium - Consortium of Kazakhstan Investors consisted of companies included into Astana Holding group and other independent entities. Astana Holding group includes: Melkombinat OJSC (Kostanai region), DAGOK Kustanaiasbest OJSC (Kostanai region), Araltuz OJSC (Kzyl-Orda region), "Shymkentskaya makaronnaya fabrika" OJSC (Shymkent macaroni plant, Southern Kazakhstan). As of Oct.01, 2000 members of the Astana holding group held 30.73% of the bank's shares. During 1999-2000 Bank TuranAlem OJSC increased authorized capital and extended number of shareholders that were not participants of the Consortium. As of March 31, 2001 the companies, former participants of the Consortium held on 59.2% of shares. As of July 01, 01 announced, issued and paid-up authorized capital of Bank TuranAlem OJSC equaled 12,870,230.0 thousands tenge. Total number of shares - 1,287,023. The shares have non-documentary form. The register is maintained by KAZREGISTER LLP (Almaty). As of January 01, 01 (more recent extracts from the register are unavailable) number of shareholders was 19, including 2 nominal holders possessing 271,302 shares. Following entities possessed over 5% stake in the bank: Semipalatinskii mukomolno-kombikormovii kombinat OJSC (12% stake), Yassy OJSC (Turkestan, Kazakhstan, 11.2%), MaktaAral OJSC (Southern Kazakhstan, 9.0%), Melkombinat LLP (Almaty, Kazakhstan, trustee of Melkombinat OJSC, 8.8%), Araltuz LLP (Almaty, Kazakhstan, trustee of Araltuz OJSC, 6.0%), Kustanaiasbest LLP (Almaty, Kazakhstan, trustee of DAGOK Kustanaiasbest OJSC, 6.0%), Shymkentskaya makaronnaya fabrika" LLP (Almaty, Kazakhstan, trustee of Shymkentskaya makaronnaya fabrika" OJSC, 6.0%). The rest of shareholders possesses 41% stake.