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01.03.10
Court Approves Restructuring Plan
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA.
JSC ALLIANCE BANK OBTAINS COURT APPROVAL OF ITS RESTRUCTURING PLAN
1 March 2010
JSC Alliance Bank (the “Bank”) is very pleased to announce that the Specialised Financial Court in Almaty approved its Restructuring Plan on 26 February 2010.
The Restructuring Plan was approved by claimants holding 95.1 percent of the financial indebtedness subject to the restructuring at the Claimants’ Meeting held in Almaty on 15 December 2009. The Restructuring Plan covers over U.S.$4.5 billion of the Bank’s financial indebtedness.
The Bank very much appreciates the strong support shown by all claimants during this difficult time and looks forward to the successful completion of its restructuring.
The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America. The materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States of America or to conduct a public offering of securities in the United States of America.
The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.
The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America. The materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States of America or to conduct a public offering of securities in the United States of America.
For further information, please contact:
Investor Relations
Tel. +7 (727) 258 40 40
E-mail: investorrelations@alb.kz,
www.albinvestorrelations.com
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