KASE NEW BOARD OF DIRECTORS COMPOSITION ELECTED ON SHAREHOLDERS ANNUAL GENERAL MEETING ON JUNE 28

/KASE, June 29, 10/ - Kazakhstan Stock Exchange (KASE) informs that on June 28, 2010 it held shareholders annual general meeting has been elected the new KASE Board of Directors composition with 3 years term of office in the number of 15 people. The elected composition of Exchange Board of Directors has the structure below: - three representatives of government agencies - the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (by act of law), the Agency of the Republic of Kazakhstan on Regulation of Activities of the Regional Financial Center of Almaty (by act of law), the National Bank of the Republic of Kazakhstan (according to the KASE charter); - 6 representatives of KASE shareholders; - 5 independent directors; - the Exchange President (ex officio, according to the KASE charter) at present - K. Damitov. By the KASE shareholders annual general meeting as the Exchange Board of Directors members, representing KASE shareholders interests out of 13 candidates were elected: 1. S. Ainabaeva - Chairman of Kazkommerts Securities Managing Board (subsidiary of Kazkommertsbank); 2. T. Kamarov - Managing Director of Centras Securities; 3. D. Karabaev - Deputy Chairman of Halyk Savings Bank of Kazakhstan Managing Board; 4. V. Kyshpanakov - Deputy Chairman of BCC Invest (subsidiary of Bank CenterCredit) Managing; 5. F. Tasbolat - Deputy Chairman of the Regional Financial Center of Almaty Managing Board; 6. O. Tsurkan - Managing Director of BTA Bank. KASE independent directors were elected out of 10 candidates: 1. T. Abdukhalokov - Deputy Chairman of Eurasian Bank Managing Board; 2. A. Alpamyssov Deputy Chairman of Kazyna Capital Management Managing Board; 3. Z. Berdalina - Senior Advisor of KPMG in Kazakhstan and Central Asia; 4. Z. Kurmanov - the Board of Directors member of Kazakhstan Deposits Guarantee Fund, the Board of Directors member of Zhilstroisberbank KAzakhstan; 5. M. Tashmetov - Managing Director - Director of Centras Securities Assets Management Department. The previous Exchange Board of Directors was elected in 2008 in the number of 15 people with term of office expired at the KASE shareholders annual general meeting held on June 28, 2010. At present KASE is expecting an official information from government agencies on list of names their representatives in the Exchange Board of Directors. [2010-06-29]