OREANDA-NEWS. May 25, 2010. Temirbank (the bank) located at 68/74 Abay ave., Almaty is announcing the Agency of the Republic of Kazakhstan on regulation and supervision of financial market and financial organizations (FSA) registered the bank share issue May 19, 2010, reported the press-centre of KASE.

After the registration the number of authorized stock reached 20,000,000,000 common named shares.

On May 19, 2010 the board of directors defined a share offering price of KZT1.47 a share.

According to article 16 of the Law of the Republic of Kazakhstan "On Joint-Stock Companies" dated May 13, 2003 and bank charter provisions, bank shareholders may use their preemption rights.

In accordance with the shareholder preemption rights approved with FSA resolution No. 151 of August 12, 2006, we are providing the following data:

1. number and types of offering (selling) shares: 15,905,000,000;

2. ratio of outstanding (net of redeemed) shares to offering (selling) shares: 95,000,000:15,905,000,000 (1: 167.421052632);

3. terms of acquisition of shares: shareholders (common shareholders) as on May 19, 2010 (the offering decision making date), may use preemption rights proportionally to the number of shares they hold, based on ratio:

 - 1 common share, held by a shareholder, entitles for acquisition of 167.421052632 offering common shares;

4. share offering price: KZT1.47 a share;

5. shareholders may buy shares and see the share issue prospectus: at 68/74 Abay ave., Almaty, Kazakhstan, Office for Capital Management, tel. +7 (727) 258 78 73;

6. shareholders may buy shares within 30 days from the date of this release;

7. offering method (on expiry of the term of preemption right) shares will be sold through subscription on a non-organized securities market among persons, who, as on the decision date, are owners of bank common shares or considered to be equal to bank common shareholders (enjoy rights of common shareholders on the basis of trust management agreements) each of which may in accordance with the Kazakhstan legislation directly or indirectly own ten or more percent of outstanding shares (net of preferred and redeemed shares) of the bank;

To use the preemption right, submit written applications to the mentioned address indicating the following:

1. number and type of shares to buy based on the proportion;

2. name, ID details, residence, shareholder (proxy's signature in case of individual shareholders) signature;

3. name and location, stamp and signatures of officials or their proxies (when submitting proxy letters) for companies.