OREANDA-NEWS. December 13, 2013. Dear IBC members,

We invite you to participate in the nominations for the IBC Management Board membership to elect 6 (six) Board members as their terms expired. IBC Board consists of ten people. The terms of other four Board members have not expired yet (Demir Kyrgyz International Bank, Optima Bank, Andash Mining Company, KPMG-Bishkek)

Let us kindly remind you that each IBC Member has the right to nominate up to two companies to the IBC Board. Applications must be submitted in the prescribed form (see attached). Please return the application to the IBC Office before 17:00, December 19, 2013. Applications received later will not be considered.

We remind you that Category A has four votes, Category B – three votes, Category C – two votes and Category D has one vote. From the list of nominees 7 (seven) companies that receive more number of votes will be selected as members of the IBC Management Board.

The final results of the elections and new composition of the IBC Board will be presented and approved in the upcoming Annual General Meeting of the IBC members.