Alliance Bank OJSC (Kazakhstan) to issue shares for KZT2.0 b

/KASE, December 30, 03/ - Alliance Bank OJSC (Almaty), whose securities are circulating in official "A" listing category of Kazakhstan Stock Exchange CJSC (KASE), presented to KASE a minutes of prescheduled general shareholders meeting, which took place on December 22, 2003. In compliance with agenda of the meeting shareholders of Alliance Bank OJSC: approved a new edition of the Charter of Alliance Bank OJSC, developed in compliance with requirements imposed by the legislation of the Republic of Kazakhstan "On joint-stock companies dated May 13, 2003; approved appointment of new members of the Board of Directors consisting of 5 people, which now includes: Mazhinov I.Sh., Popelyushko A.V., Satbyev K.D., Yertayev Zh.Zh., Asylov K.S.; approved 4th issue of shares for KZT2.0 bn, which is split into 150,000 common and 50,000 preferred shares. [2003-12-30]