Alliance Bank gets from National Bank permission to carry out voluntary reorganization in form of consolidation with Temirbank and ForteBank

/KASE, December 15, 14/ – Alliance Bank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), today provided KASE with the following press-release of December 11, 2014: quote in accordance with requirements of Kazakhstan's legislation joint-stock company "Alliance Bank" (hereinafter – the "Bank") (license No. 250 of December 26 2007, issued by the Agency of the Republic of Kazakhstan for Regulation and Supervision of Financial Market and Financial Organizations, BIN 990740000683, location: 50 Furmanov str., Almaty, Republic of Kazakhstan) notifies its depositors, clients, correspondents and borrowers that the Bank on December 10, 2014 received permission from National Bank of Republic of Kazakhstan for conducting a voluntary re-organization in form of consolidation with Temirbank JSC (Temirbank) (license No.107 of July 16, 2010, issued by the Agency of the Republic of Kazakhstan for Regulation and Supervision of Financial Market and Financial Organizations, BIN 920340000031, location: 68/74 Abai avenue, Bostandyk district, Almaty 050008, Republic of Kazakhstan) and ForteBank JSC (hereinafter – ForteBank) (license No.1.1.256 of April 28, 2012 issued by the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan, BIN 0709940006465, location: 192 Dostyk avenue, Almaty 050051, Republic of Kazakhstan), (hereinafter – "Re-organization"). A decision on the Re-organization was taken on November 10, 2014 by an extraordinary general meeting of shareholders of the Bank, Temirbank and ForteBank (Minutes of November 10, 2014). Carrying out the Re-organization will not followed by a change in the legal form, location, license and details of the Bank, as well as will not bring about a change parties, form and substance of legal relations of the Bank with depositors, clients, correspondents and borrowers of the Bank. For reference dial +7 727 258 40 40, in Almaty 8 8000 800 000 toll free fixed line call across Kazakhstan. 7575 – toll free call for mobile phones. unquote [2014-12-12]