OREANDA-NEWS. May 25, 2010. During the course of this week senior management of JSC BTA Bank (the “Bank” or “BTA”) will be holding a series of meetings with investors to provide them with an update on the status of the restructuring of the Bank’s financial indebtedness. The presentation that will be made to them has been posted on BTA’s website. The presentation contains updated information on the financial situation of the Bank.

BTA management has experienced delays in recoveries as envisaged in the restructuring plan. To meet the terms of the restructuring, BTA’s management has taken active steps to accelerate the restructuring of its loan portfolio and is confident that these efforts will enable it to complete the restructuring and achieve compliance with regulatory capital requirements by no later than the court date in early September 2010.

BTA encourages all its financial creditors to vote in favour of the restructuring at the statutory creditors’ meeting to be held on 28 May 2010. The deadline for submission of claims and forms of proxy is 17:00 Almaty time on 19 May 2010. The voting instructions deadline for the adjourned Euronoteholders’ meetings is 10:00 London time on 21 May 2010.A global investor call will be held at 14:00 London time tomorrow, 18 May 2010. Details of this call and how to register for it were published separately.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.