OREANDA-NEWS. October 16, 2008. Special General Meeting of Shareholders of Alliance Bank JSC was held, reported the press-centre of Alliance Bank.

The following issues were regarded in the agenda:

1. Change in the structure of the Board of Directors of Alliance Bank JSC:

Early termination of authority of a Member of the Board of Directors, Mr. Bertrand Gossart;

Election and appointment of Mr. A.D.Battakov a Member of the Board of Directors.

2. Amendments in the Articles of Association of Alliance Bank JSC:

Replacement of the legal address of Alliance Bank JSC registered as: 80, Satpaev str., Almaty with the new address: 50, Furmanov str., Almaty;

Changes in the Articles of Association of Alliance Bank JSC according to the recent amendments in the law of the Republic of Kazakhstan “On joint stock companies” and replacement of the legal address of Alliance Bank JSC.

3. Increase of reserve capital of Alliance Bank JSC.

The following decisions have been adopted by absolute majority after regarding thereof at the general meeting of shareholders:

1. To terminate the authority of Mr. Bertrand Gossart as a member of the Board of Directors of Alliance Bank JSC ahead of time.

2. To elect Mr. Battakov Azat Duantayevich the Member of the Board of Directors.

3. To replace the legal address of Alliance Bank JSC registered at: 80, Satpaev str., Almaty with the actual address of the Bank’s Management Board: 50, Furmanov str., Zhetysuskiy district, 050004, Almaty, Republic of Kazakhstan.

4. To make the suggested changes in the Articles of Association of Alliance Bank JSC in pursuance of the amended law “On joint stock companies” and changed legal address of Alliance Bank JSC.

5. To increase the reserve capital of Alliance Bank JSC to KZT 34 billion.