Changes in the Board of Directors of Alliance Bank JSC (Kazakhstan)

/KASE, July 14, 04/ - Alliance Bank JSC (Almaty) informed that on July 1, 2004 the bank elected a new member of the Board of Directors - Kazbek Ashlyaev, previously the President of SB Alfa-Bank OJSC (Almaty). According to information of the Bank the Board of Directors consists of: Satpayev K.D. - Executive director of the government fund "Sary-Arka Integrated Development Center", Popelyushko A.V. - The President of RAKHAT JSC confectionery, Zh.Zh. Ertaev - the President of Alliance Bank JSC. The Chairman of the Board of Directors of Alliance Bank - Mazhinov I.Sh. - deputy general director of KhOZU Corporation LLP. [2004-07-14]