OREANDA-NEWS. May 14, 2010. For immediate release: JSC Astana Finance (the Company) wishes to announce the appointment of the following members of the Management Board of the Company with effect from 5 May 2010:

• Mr. Erlan Shakibayev, Chairman of the Management Board, who previously held an executive position at the "Development Bank of Kazakhstan" JSC;

• Mr. Erlan Manatayev, Deputy Chairman of the Management Board, who previously held an executive position at the "Alliance Bank" JSC; and

• Mr. Almas Omarkhanov, Managing Director – member of the Management Board, who previously held an executice position at the tax administration of the city of Astana.

Mr. Nurtaza Baitenov, whose appointment as acting Chairman of the Management Board of the Company was announced on 26 March 2010, and Mr. Azamat Takenov, Deputy Chairman of the Management Board, ceased to hold those positions with effect from 5 May 2010.

The new management team has been appointed with a view to progressing and completing as quickly as possible the financial restructuring of the Company in partnership with the Company's creditors and shareholders.