KAZKOMMERTSBANK STOPS ACCEPTING ORDERS FROM SHAREHOLDERS FOR BUYBACK OF ORDINARY SHARES KZ1C00400016 (KZ000A0JC858, KKGB) OF BANK

/KASE, August 8, 14/ – Kazkommertsbank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of August 8, 2014: quote Kazkommertsbank, one of the largest banks in Kazakhstan and Central Asia ("the Bank"), announces that on 7 August 2014 at 18:00 it stopped accepting buyback Acceptance Notices from shareholders on the buyback of common shares ("the Shares") of the Bank, as per the buyback announcement made on 22 July 2014. The Bank has received buyback Acceptance Notices from minority shareholders (holders of common shares and GDRs) and JSC Samruk-Kazyna National Wealth Fund in amount not exceeding the amount announced for buyback by the Bank. Thus, the Bank will purchase all shares tendered by the shareholders. Following the buyback announcement made by the Bank on 22 July 2014, the shareholders tendering shares in the buyback should submit the order to write- down the Shares and their transfer to the account of the Bank (hereinafter, "the Order") at the Unified Securities Registrar (hereinafter, "the USR") or to their nominal holder, and pay all fees during the period from 11 August 2014 to 12 August 2014, inclusive. If a shareholder fails to submit the order within the stated period, the shareholder’s application for buyback will be considered as withdrawn by the shareholder. The Order form is available at the web-site of the Bank at www.kkb.kz. The shareholder should apply to the Bank, if they would like to receive the Order in a hard copy. The Order form is also available at the web-site of the USR (www.tisr.kz). Payment on bought back shares will be made within 5 business days from the date when the bought back shares will be accepted to the Bank’s account. Each shareholder bears sole responsibility for timely receipt of consents, approvals, payment of fees and other actions required to sell the Shares, as well as to submit required documents and information for the transaction. All payments by the Bank to holders who are non-residents of the Republic of Kazakhstan will be subject to a deduction of tax in accordance with the Tax Code of the Republic of Kazakhstan. More detailed information on taxation issues related to the Buy Back Offer is available at the web-site of the Bank: www.kkb.kz. Final release on results of the buyback of common shares will be made by the Bank upon registration of all transactions. Contacts: Aliya Nursipatova, Alma Buirakulova, Investor Relations +7 (727) 258-51-25, E-mail: investor_relations@kkb.kz Larissa Kokovinets, Director, Public Relations +7 (727) 258-54-56, E-mail: pr@kkb.kz unquote [2014-08-08]