ForteBank says Sovereign wealth fund Samruk-Kazyna alienated bank shares in favor of B. Utemuratov

KASE, March 16, 15/ – ForteBank JSC (Almaty, hereinafter – the Bank), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote On March 3, 2015 Sovereign wealth fund "Samruk-Kazyna" JSC (hereinafter – SWF "Samruk-Kazyna") alienated 6,955,185 ordinary shares (0.01% of the total number of outstanding ordinary shares) and 1,335,989 preferred shares (51% of the total number of outstanding preferred shares) of ForteBank JSC it held, in favor of major shareholder of ForteBank JSC – Mr. Bulat Utemuratov. As a result of transactions SWF "Samruk-Kazyna" fully quit shareholders of ForteBank. IR tel. +7 (727) 258 40 40 (ext. 52034) E-mail: IR@alb.kz unquote [2015-03-16]