Board of Directors of Tsesnabank increases stake in authorized capital of Plus Bank to 100 %

/KASE, April 20, 15/ – Tsesnabank JSC (Astana, hereinafter – the Bank), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE that "the Board of Directors of Tsesnabank JSC on April 15, 2015 took the decision to acquire a subsidiary Plus Bank OJSC by increasing the share of Tsesnabank JSC in the authorized capital of Bank Plus OJSC, a credit institution in the territory of the Russian Federation, up to 100 (one hundred) percent through the purchase of preferred and common shares of Plus Bank OJSC in the amount of not more than USD17,370,000". [2015-04-20]