Halyk Savings Bank of Kazakhstan obtains permit from National Bank of Republic of Kazakhstan to purchase 100 % of shares of Subsidiary Bank of "HSBC BANK KAZAKHSTAN"

/KASE, September 22, 14/ – Halyk Savings Bank of Kazakhstan JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of September 19, 2014: quote Halyk Bank of Kazakhstan (hereinafter – Halyk Bank) announces receipt from the National Bank of Republic of Kazakhstan of permit No. 114 dated September 15, 2014 to acquire Subsidiary Bank of "HSBC BANK KAZAKHSTAN" (hereinafter – the Company) in accordance with Resolution No. 173 of National Bank dated September 12, 2014. Also, in accordance with Resolution No. 174 of National Bank of September 12, 2014 Halyk Bank has obtained a permit from the regulator to obtain the status of the bank holding of the Company. As was announced earlier, on February 26, 2014 Halyk Bank concluded an agreement with HSBC Bank plc on purchase by Halyk Bank from HSBC of 100% of shares of subsidiary organization of HSBC in Kazakhstan – SB JSC "HSBC Bank Kazakhstan". Completion of the Company purchase procedure is expected by the end of 2014. Press-service Halyk Savings Bank of Kazakhstan JSC tel. +7 727 2 590 816, www.halykbank.kz unquote [2014-09-22]