/IRBIS, May 7, 2010/ - JSC Subsidiary Bank of Alfa-Bank (Almaty, hereinafter - the Bank), whose securities are included in the official list of Kazakhstan Stock Exchange (KASE), provided to KASE the decision of its sole shareholder - OJSC Alfa-Bank (Moscow) on April 23, 2010.

According to the documents submitted the sole shareholder of the bank took the following decisions:

- approve the annual financial statements of the bank in 2009, confirmed audited LLP "PricewaterhouseCoopers";

- increase the reserve bank's capital to KZT24,930 000.0 from net income as a result of the year 2009;

- net income of the bank for 2009 in the amount of KZT224,365,148.75 leave without distribution;

- dividends in 2009 not to pay;

- elect Richard David James to be a member of the Board of Directors since April 26, 2010;

- Identify audit organization that audits the bank for 2010 TOO "PricewaterhouseCoopers" and determine the remuneration of the company in the amount of KZT12,528,000.0 excluding VAT.

[2010-05-07]