Bank CenterCredit reports on checking pledge on mortgage bonds KZP07Y10C336 (KZ2C00000461, TEBNb18) of Temirbank

/KASE, February 24, 15/ – Bank CenterCredit JSC (Almaty), being a representative of holders of mortgage bonds KZP07Y10C336 (KZ2C00000461, TEBNb18) of Temirbank JSC (Almaty), which are in the official list of Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of conducting a random check of the state of the pledge being security of fulfillment of obligations of Temirbank JSC on the mentioned bonds, according to the pledge registry as of January 1, 2015. Based on the check conducted Bank CenterCredit JSC informs you of the following: quote Temirbank JSC has announced voluntary re-organization of the bank in form of consolidation with Alliance Bank and according to the handover act all assets including the rights of claim and liabilities of the Bank have been transferred to Alliance Bank. For purposes of fulfillment of their liabilities the Representative has conducted a random check of the state of pledged assets, according to the pledge registry to Pledge agreement No. 124 dated May 31, 2010 as of January 1, 2015, being pledge for fulfillment of liabilities towards holders of bonds NIN KZP07Y10C336. Based on the conducted random check of the pledged assets, the Representative reports that the pledge and value of the pledge ratio of mortgage bonds meets requirements of the bond issue prospectus and pledge agreement. Responsibility for the reliability of provided information necessary for conducting an analysis of the state of assets being security of fulfillment of liabilities of Temirbank towards the bondholders rests with the management of Alliance Bank JSC. unquote KASE reminds you that the name of Alliance Bank was changed to ForteBank. [2015-02-24]