Results of annual general shareholders meeting of Alliance Bank OJSC (Kazakhstan) for 2002

/KASE, June 2, 03/ - Alliance Bank OJSC (Almaty), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "А" listing category, has presented KASE a copy of minutes of annual general shareholders meeting, which was held on May 29 of 2003. In accordance with the agenda shareholders of Alliance Bank OJSC confirmed the Board's report, the bank's financial statement and report of Auditing commission for 2002, determined further order for notifying the bank's shareholders about forthcoming calling of general shareholders meeting, and also made the following decisions. Spend the bank's undistributed net income for 2002 in the amount of KZT40.7 m. in full volume for increasing of the bank's reserve capital in order to bring it in conformity with the requirements of the National Bank of Kazakhstan and Kazakhstan Law "About joint-stock companies". Approve the Board of directors of Alliance Bank OJSC in the following staff: I. Mazhinov (Chairman of the Board of directors), A. Popelyushko, K. Satbaev, N. Botabayev. Approve appointment of Deloitte & Touche as the auditor of Alliance Bank OJSC. [2003-06-02]