OREANDA-NEWS. October 12, 2009. Halyk Savings Bank of Kazakhstan (Almaty, listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release, reported the press-centre of KASE:

In pursuance with article 18 of the Law of the Republic of Kazakhstan "On Joint-Stock Companies" Halyk Savings Bank of Kazakhstan (the Bank) is announcing offering of common shares of the Bank (NIN KZ1C33870011) among an unlimited circle of investors, issue of which is registered with the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations in January 2009 No. А3387.

The decision on offering of common shares of the Bank was made at the general meeting of shareholders held on December 19, 2008 with an aim to increase capitalization of the Bank and cooperation in implementation of stabilization measures to support required crediting volumes for real economy in accordance with the Memorandum of Understanding signed between the Kazakhstan Government, the National Bank, the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations, Samruk-Kazyna JSC, Holding group ALMEX and Halyk Savings Bank of Kazakhstan dated December 1, 2008.

The offering shares of the Bank were offered for purchase to shareholders of the Bank within their pre-emption right, including holders of GDRs, underlying asset of which is common shares of the Bank in the amount of 326,673,000 common shares in the period February 20 through March 24, 2009 at a price KZT102.02 a share.

After the end of effect of pre-emption right the Bank offered among an unlimited circle of investors 259,064,909 common shares of Samruk-Kazyna at KZT104.03 a share for a total of KZT26.9 bn.

At offering of common shares the Bank complied with all requirements of the Kazakhstan legislation, international agreements of the Bank, listing rules of Kazakhstan Stock Exchange and London Stock Exchange and internal documents the Bank and pre-emption right of current shareholders and holders of GDRs.

67,533,545 offering shares are issued and not offered common shares after exercise of pre-emption right and offering among an unlimited circle of investors on initial subscription.

1. Name and location:
   Halyk Savings Bank of Kazakhstan JSC, 97, Rozybakiev str., Almaty, 050046.

2. State registration date of serial securities, type and number, subject to offering: Issue state registration date - January 13, 2009 No. А3387. Type and number of securities subject to offering 67,533,545 (sixty seven million five hundred thirty three thousand five hundred forty five) common shares of the Bank (NIN KZ1C33870011).

3. Data on units and officials of the Bank and other legal entities through which it is possible to familiarize with the issue prospectus:

  1. Halyk Savings Bank of Kazakhstan, 97, Rozybakiev str., Almaty, Kazakhstan, 050000, Deputy Chairman of the Board - D. Karabaev. Tel.: 8 (727) 244 68 10; fax: 8 (727) 2446 811;

  2. Kazakhstan Stock Exchange, 291/3 ave., Almaty, 050020, Kazakhstan;

  3. Halyk Finance (market maker), 4th floor, 3b Nurly Tau, 19/1, Al-Farabi ave., Almaty, 050013, Kazakhstan, tel.: 244 65 42, fax 259 05 93 (state license of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations for operation on the securities market No. 4.2.92/28 dated 26.12.2008);

4. Offering price and payment:

  1. offering method: subscription among an unlimited circle of investors;

  2. offering common shares - 67,533,545;

  3. offering price - KZT104.03 a share;

  4. minimum lot - 1,000,000;

  5. order submission time: before 15-00 p.m. Almaty time on the day of release in newspapers Egemen Kazakhstan and Kazakhstanskaya pravda. In case the notice is released in Russian and Kazakh on different days, the latter release shall be considered as the day of release;

  6. priority criteria shall be set by the Bank Board;

  7. order acceptance order: the Bank shall accept orders in accordance with priority criteria set by the Board, within three business days after release of the notice in the newspapers;

  8. the payment is made after purchase in tenge in non-cash form.

5. Contact details, at which investors may address for order submission to participate in share offering: 79, Abylay khan ave., Almaty Kazakhstan, Capital management department, tel.: 8 (727) 259 05 99, 244 76 94.

6. The announcement is not obligation of the bank to sell shares in the indicated amount and accept all orders. The Bank may deny orders or offer accepting an order partially in accordance with set criteria after receipt of orders without explanation of grounds.

7. An application form for participation of investors in the offering of shares of the Bank is available at http://www.halykbank.kz/news/index/type:shareholder/mode:recent/lang:rus