OREANDA-NEWS. July 01, 2010. Kazakhstan Stock Exchange (KASE) informs that on it held shareholders annual general meeting, where were approved amendments # 7 to the exchange charter and amendments # 1 to the exchange corporate management code, reported the press-centre of KASE.

Amendments stipulate.

1. In order to organize its activities the Exchange Board of Directors adopts its activities rules that sets forth the order and term of the Exchange Board of Directors meetings, the order of forming committees and other permanent and temporary Exchange Board of Directors bodies, the order and term of authorities and obligations implementation by its members.

2. In order to increase the transparency of the Exchange Board of Directors activities and the need in personal responsibility increase of the Exchange Board of Directors member it was set forth that at the Exchange Board of Directors meeting implementation its decisions are made by an open vote. The Exchange Board of Directors activities rules can be stipulated an individual bulletin based voting. In addition, the norm that allowed replacement of absent Exchange Board of Directors members by their representatives based on letters of attorney has been eliminated.

Therefore, to the corporate management code was made amendment # 1 due to elimination of the norm that allowed replacement of absent Exchange Board of Directors members by their representatives based on letters of attorney.

These documents revised texts shall be available on KASE website at http://www.kase.kz/files/for_shareholders/ in the nearest time.