OREANDA-NEWS. On August 21, 2008 Halyk Savings Bank of Kazakhstan (Almaty), a listing company of Kazakhstan Stock Exchange (KASE), provided KASE with the press-release, reported the press-centre of KASE:

Joint Stock Company 'Halyk Savings Bank of Kazakhstan' (Halyk Bank) (LSE: HSBK) is pleased to announce that the above transaction, arranged by BNP Paribas, ING Wholesale Banking ("ING"), Landesbank Berlin AG ("LBB"), Standard Bank Plc ("Standard Bank"), UniCredit Markets & Investment Banking ("UniCredit") and WestLB AG, London Branch ("WestLB") (each an "Initial Mandated Lead Arranger" and "Bookrunner"), has been successfully closed.

The Facility was launched at US200,000,000 and CLOSED OVERSUBSCRIBED. Signing is expected to take place shortly. Announcement of the final facility amount will follow the signing of the Facility Agreement.

The Facility will be used for general financing purposes, including trade related finance activities of Halyk Bank's customers and is structured as a one-year term loan with an extension option for another one-year period with a bullet repayment.