Changes in the staff of the Board of directors of Development Bank of Kazakhstan CJSC (Kazakhstan)

/KASE, February 19, 03/ - Development Bank of Kazakhstan CJSC (Astana), whose bonds are circulating in the stock exchange's official "А" listing category, informed KASE about changes in the staff of its Board of directors. According to the presented information, by the decision of prescheduled general meeting of the bank's shareholders dated February 11 of 2003, which was made by means of absentee voting (without conducting of sitting of shareholders), by the recommendation of Kazakhstan Government Leonid Ivanov (Vice-minister of finance of Kazakhstan) has been elected into the Board of directors of Development Bank of Kazakhstan CJSC. Yerbolat Dosayev (President of Kazakhstan Agency on natural monopolies regulation and competition protection) has been removed from the bank's Board of directors. [2003-02-19]