Shareholders of DANABANK JSC (Kazakhstan) elected new Board of directors, decided to issue mortgage bonds and to shift its head office to Almaty

/KASE, June 17, 05/ - DANABANK JSC (Pavlodar, hereinafter - bank), whose common shares are circulating in Kazakhstan stock exchange's (KASE) official "B" listing category, provided KASE with copy of minutes of annual general meeting of shareholders, which was held on May 28, 2005. According to submitted minutes bank's shareholders did not include in agenda 2 questions, regarding payment of dividends on its shares, approved bank's annual financial statement for 2004, approved Deloitte & Touche company as bank's auditor, and also accepted the following decisions: bank's net profit in the amount KZT2,610.0 th., earned by results of 2004, to send for decrease of losses of last years to approve the Board of directors with tenure for 1 year, which consists of three members: Chairman - Makenov S.G., members - Boranbayeva M.S. and Nuraly B.T. to issue bank's mortgage bonds, to delegate authorities of the Board of directors for approval of issue parameters of these bonds to approve bank's internal audit service with the following members: Chairwoman - Alimova A.A., members - Karshiganova K.K. and Zhumartova D.D. to shift bank's head office up to the end of 2005 to Almaty, bank's Board should fulfill all necessary preparatory measures to complete before July 1, 2005 formation of necessary amount of general production provisions due to undistributed profit of last years in the amount KZT9,471.5 th. Besides, bank's shareholders approved written notification as notification form of shareholders about forthcoming calling of shareholders general meeting, as print for publication of bank' financial statements - "Azamat.kz" and "Nachnem s ponedelnika". [2005-06-17]