OREANDA-NEWS. April 30, 2010. The Board of Directors of JSC Alliance Bank (the “Bank”) with legal address at: 50, Furmanov Street, Almaty, 050004, Republic of Kazakhstan has adopted a Resolution No. 4/10 dated 23 April 2010 to convene the Annual General Meeting of Shareholders of the Bank, the press-centre of Alliance Bank reported.

The Annual General Meeting of Shareholders will be held at 10.00 a.m. (Almaty time), 28 May 2010, at the legal address of the Bank’s executive body: 50, Furmanov Street, 050004, Almaty.

Registration of shareholders will start at 09.00 a.m.

In case the General Meeting of Shareholders is failed, the adjourned General Meeting of Shareholders will be held at 10.00 a.m. (Almaty time), 31 May 2010, at: 50, Furmanov Street, 050004, Almaty. Registration of shareholders will start at 09.00 a.m.

The Agenda of the Annual General Meeting of Shareholders of JSC Alliance Bank is:

1. To approve the Agenda of the Annual General Meeting of Shareholders;

2. To approve the Bank’s annual financial statements for 2009;

3. The Bank’s net income distribution for 2009;

4. Dividend payment;

5. Shareholder’s motions to the actions of the Bank and its officials and results of the consideration thereof;

6. To determine the audit firm to conduct audit of the Bank.

The shareholders will be provided with the documentation related to the Agenda of the Annual General Meeting of Shareholders at least ten days before the proposed date of the meeting at: 50, Furmanov Street, 050004, Almaty.

Please note that in accordance with the Law of the Republic of Kazakhstan “On Joint-Stock Companies,” the shares which are in nominal holding and owned by a holder who is not registered with the Central Depository of Kazakhstan are not treated as voting.