OREANDA-NEWS. November 24, 2010. Joint-stock Company "Tsesnabank" (hereinafter - the Bank) notifies Kazakhstan Stock Exchange that in accordance with its Board of Directors decision, the Bank begins to place common shares by way of subscription (Certificate # 3382 of March 6, 2007of state registration of the Bank's authorized shares issue), reported the press-centre of KASE.:

1. 5,000,000 common shares are being placed;                                

2. Ratio of placed common shares to common shares being placed equals to 1/0.32258;

3. The Bank's shareholders are entitled to purchase shares on equal terms pro  rata to the number of their shares at a unified placement price. At the same time the Bank's shareholders holding common shares have a preferred right to purchase common shares. The term for exercising the right to preferred purchase of shares being placed makes up 30 (thirty) days from the date of   publication of this communication.  After expiration of the said term, the shares will be offered among broad public;

4. Offering price of 1 (one) common share makes up KZT1,000 (one thousand). The payment for shares is made by wire transfer to the underwriter's account;

5. Postal address of Tsesna Capital, the underwriter, to which shareholders and investors can submit shares purchase orders: 010000, Republic of Kazakhstan, Astana, Republic blvd., 9/2, VP-5. Underwriter's representative - S. Panov, tel. (7172)455-071.

The Issuer's postal address: 010000, Republic of Kazakhstan, Astana, Pobeda blvd., 29. Contact person with regard to issues concerning preferred purchase of shares - A. Abdushev, tel. (7172)770-740, (7172)770-177.