/IRBIS, December 7, 2011/ - Caspian Beverage Holding JCS (Almaty, hereinafter - Company), whose stocks are officially listed at KASE, has provided KASE with the copy of minutes of meeting of Board of Directors from November 25, 2011. According to the presented document, the Board of Directors decided the following:

• on recalculation of the interest rate on the contract of financial leasing return # 3/0001-2007 from January 8, 2007 from 36.69% to 10.5% per annum from the commencement of funding;
• the cancellation of penalties under the contract in the amount of 100% with the exception of the previously developed in the repayment of funds;
• the abolition of indexation calculation of principal debt and interest on the contract from the commencement of funding;
• the definition of delayed payment of remuneration during the 25 months since the signing of additional agreements to the contract on a monthly basis in the amount of 1,000,000.0 KZT, without capitalization, and taking into account the allocation of payments;
• on repayment of accrued interest - monthly;
• to defer the repayment of overdue principal, giving him time to delay the release date before the date of restructuring;
• on the one-time repayment of principal at the rate of 10% (without indexation) in December 2011, which amounts to 21,650,171.0 KZT and pay 10% of the principal debt no later than 31 December 2011;
• on application to "BTA Bank" with prolongation of the contract on terms of the lease until March 21, 2016;
• the provision of "BTA Bank" with individual repayment schedule of principal monthly annuity payments from the date of restructuring. In this case, the total monthly payment including principal, fees and overdue fees shall not exceed 5,000,000.0 tenge. If the amount of principal, interest and overdue interest exceeds 5,000,000.0 KZT, the difference in remuneration will be billed to the end of the period of funding;
• on recalculation of interest at a rate of 10.5%. After recalculation of the rate of 10.5% previously undeveloped funds should be directed to repay the overdue fees;
• on provision of a stay on execution and registration of additional agreements to all current contract for a period of 60 calendar days;
• on evaluation of the leased asset by an independent appraiser at the expense of the company within 3 months from the date of restructuring.

[2011-12-07]