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

/KASE, December 4, 03/ - Development Bank of Kazakhstan JSC (Almaty), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, informed KASE with official letter about the fact, that by the decision of general shareholders' meeting, which took place on December 4, 2003, the following was approved: the decision on major deal; to elect Kairat Aitekenov Medybayevich, the Vise-minister of economy and budget planning of the Republic of Kazakhstan, as a member of the Board of Directors of the Development Bank of Kazakhstan JSC. Primary activity - rendering of banking activities (except attracting of deposits and opening of accounts for physical and juridical entities, excluding opening and maintaining of accounts of conditional deposits, reserve accounts in compliance with agreements on loans that are guaranteed by the state, bank accounts for registering the bank's loans, other loans and funds of the republican and local budgets, in order to make payments and money transfers, which are provided by agreements, which have been made in compliance with investment projects and export operations, which are served by the bank). [2003-12-04]