OREANDA-NEWS. July 05, 2010. JSC Temirbank is delighted to confirm that all Entitlements necessary for the completion of its restructuring have now been distributed to, reported the press-centre of Temirbank:

the Distribution Agent for distribution to the relevant Clearing Systems for onward distribution to International Noteholders;

the Independent Holder; and/or

Domestic Noteholders,

in each case as required by the Information Memorandum dated 22 February 2010, the First Supplemental Information Memorandum dated 9 March 2010 and the Second Supplemental Information Memorandum dated 11 March 2010. Therefore, the Bank fulfilled the restructuring plan approved by the required majority of Restructuring Creditors at the Creditors Meeting dated 31 March 2010.

JSC Temirbank will now request the Agency of the Republic of Kazakhstan for the Regulation and Supervision of the Financial Market and Financial Organisations to apply to the Specialised Financial Court of Almaty city for the termination of the restructuring due to its successful completion.

Nothing in this press release should be relied on for any purpose. In particular and without limitation, nothing in this press release, the Information Memorandum, the First Supplemental Information Memorandum and the Second Supplemental Information Memorandum or any other document issued with or appended to it should be relied on in connection with the purchase of any shares, securities or assets of the Bank (including but not limited to the Amended Notes). This press release is not an offer of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration.

Restructuring Creditors may direct any queries they have regarding the restructuring to either:

The International Department of the Bank by email at ir@temirbank.kz or by telephone at +7 727 259 0528 or +7 727 258 7829; or

The Information Agent: Thomson Reuters by email at Disclosures_fisi@thomsonreuters.comThomson Reuters, 30 South Colonnade, Canary Wharf, London, UKE14 5EP. or by telephone to any of Ellis Farrell + 44 207 542 8775, Christina Mermiga + 44 207 542 5836 or Melina Bobbio + 44 207 542 9013.