Kazkommertsbank Announces Subordinated Debt Repayment On Maturity

Kazkommertsbank (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated July 5, 2017: quote JSC Kazkommertsbank (hereafter – "KKB") hereby announces on completion of transactions whereby by JSC Halyk Bank (hereafter – "Halyk Bank") acquires common shares of Kazkommertsbank held by Mr. Kenges Rakishev and JSC Sovereign Wealth Fund Samruk-Kazyna subject to the terms of the sale and purchase agreements signed on 15 June 2017. As a result as of 5 July 2017 Halyk Bank holds 96.81% ordinary shares in Kazkommertsbank.

13 June 2017, Almaty, Kazakhstan. JSC Kazkommertsbank (the Bank), one of the largest banks in Kazakhstan and Central Asia, has announced today the repayment from own funds of its Subordinated Debt issued in June 2007 for the original amount of 250 million dollars.

Alma Buirakulova, Vadim Jadrikhinsky, Investor Relations
+7 (727) 258-51-25, E-mail: investor_relations@qazkom.kz

Larissa Kokovinets, Corporate Communications Service
+7 (727) 258-54-56, E-mail: pr@qazkom.kz