OREANDA-NEWS. June 24, 2011. Following a decision of Kazakhstan Stock Exchange (KASE)  Listing Commission, from June 27, 2011 common shares KZ1C32140010 (KZPF) of  Subsidiary of BTA Bank JSC Accumulative Pension Fund BTA Kazakhstan (Almaty,  hereinafter - JSC "APF BTA Kazakhstan") are removed from KASE official list upon  request of their issuer.

In KASE conclusion of June 8, 2011 it is said that on June 6, 2011 KASE received from JSC "APF BTA Kazakhstan" the following documents:

- application of June 3, 2011 requesting a removal of the said shares from the   official listing;

- minutes of a special meeting of JSC "APF BTA Kazakhstan" shareholders of   May 11, 2011 where a decision was taken to remove the said shares from the   listing due to a re-organization of JSC "APF BTA Kazakhstan" through merger    with JSC "Accumulative Pension Fund "UlarUmit".

According to the said minutes, the decision to remove the said shares from KASE official list was supported by two major shareholders of JSC "APF BTA  Kazakhstan" jointly possessing 96.0 % of the shares outstanding. Minor  shareholders of JSC "APF BTA Kazakhstan" were not present at that meeting.

According to the registrar Centre DAR, there were five legal entities and one physical person amongst shareholders of JSC "APF BTA Kazakhstan" as of April 1, 2011. The total number of authorized common shares outstanding equaled to 6,004,000 units as of the said date.

Based on the said above, and in accordance with sub-item 1) of item 1 of article 19 of KASE internal document "Listing Rules", the said shares have been removed  from the listing.

The said shares were included into "B" category of KASE official list from December 25, 2003, and from September 10, 2008 they were transferred into the third category of KASE official list. Trading in the shares was opened from November 25, 2010. During the said shares' circulation at KASE no deals involving them were concluded.