/KASE, May 4, 10/ - Alliance Bank (Almaty), bonds of which are listing on Kazakhstan Stock Exchange (KASE), provided KASE with a press release dated April 30, 2010:

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Alliance Bank is pleased to announce - the Almaty special financial court on April 28, 2010 made a decision to stop restructuring the Alliance Bank's debt as the bank had completed the restructuring plan.

Recall, the restructuring resulted in the reduction of the bank's debt from UDS4.5 bn down to USD1 bn, and own capital reaching KZT50 bn. National welfare fund Samruk-Kazyna is holding a-67 % share, and creditors jointly are holding a-33 % share.

In accordance with the court's ruling dated April 28, 2010, bank liabilities, included in the restructuring plan, are considered to be fulfilled, and the enforcement proceedings on court rulings on the liabilities are terminated.

For details, please, contact: Press Service Alliance Bank: Tel. +7 (727) 258 40 40 E-mail: pr@alb.kz Website: www.alb.kz

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[2010-05-04]