/KASE, May 18, 10/ - Subsidiary Bank Alfa-Bank (Almaty), bonds of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the following press release of May 18, 2010:

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Subsidiary Bank Alfa-Bank (Kazakhstan) opened its official representation in Aktau (Mangistau Region). The representation main goal is to support new and existing clients receiving banking services.

The Board Chairman Danila Smirnov commented the representation opening: "Aktau is the largest industrial center in both Kazakhstan and Caspian Region. Therefore, I believe that the representation opening is strategically important decision. I consider this fact as the logical consequence of our bank dynamic development and plans to extend cooperation with our existing and future partners".

The representation office is located at: micro-district #2, building # 47A, office 102 офис (new the ORDA center).

The representation head Timur Sidagaliev emphasized that the representation opening proves the bank intent to make the access of clients to the bank resources easier. In Aktau are located headquarters of many local and foreign companies that will facilitate the demand for high quality financial services. Therefore, I consider development perspectives as favorable - at present the bank provides wide range of corporate banking services that in the future will be extended.

Press Service of SB Alfa-Bank Tel. 292 00 21 (вн. 1069) e-mail: rtarassov@alfabank.kz www.alfabank.kz

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[2010-05-18]