OREANDA-NEWS. On January 30, 2009 ATFBank (Almaty), securities of which are listed on Kazakhstan Stock Exchange (KASE), informed KASE in a letter that on January 23, 2009 the extraordinary general meeting of shareholders made a decision on conversion of preferred shares of ATFBank into common shares, reported the press-centre of KASE.

Shareholders, not willing to convert held thereby convertible preferred shares of ATFBank into common shares of ATFBank, may appeal to ATFBank with a written application on redemption of shares with a shareholder application stating a type and number of shares subject to redemption within 15 (fifteen) calendar days from the day republican newspapers "Egemen Kazakhstan" and "Kazakhstanskaya Pravda" release a message on the decision made at the General Meeting of shareholders of ATFBank on conversion of preferred shares of ATFBank into common shares of ATFBank.

Shareholders must submit applications on redemption of preferred shares of ATFBank to the Office for Capital Operations of ATFBank, located at: 100, Furmanoc str., Almaty, 050000, Tel. 727 258-30-42.

One ATFBank preferred share redemption price has been determined as a weighted average market price of preferred shares for the elapsed year (January 23, 2008 through January 22, 2009) on deals carried out through open trading on the trading floor of Kazakhstan Stock Exchange and equals:

1. (NIN KZ1P35970816) - KZT10,035.80 (ten thousand thirty five) tenge 80 tiyn;

2. (NIN KZ1P35970618) - KZT5,518.73 (five thousand five hundred eighteen) tenge 73 tiyn.