OREANDA-NEWS. We pleased to invite the investment community to a conference call with Senior Management of ALLIANCE BANK to address the impact of the global credit crunch on the company. Management will give a short introduction and will allow time for Q&A with institutional investors.

The conference call will take place on:

8:00 A.M. (EST)

1:00 P.M. (London)

4:00 P.M. (Moscow)

6:00 P.M. (Almaty)

International Call-in Number:  +44 207 162 0025

Free Phone (US Only): +1 877 491 0064

*We recommend that participants start dialling in 5-10 minutes prior to ensure a timely start to the conference call.

Conference call participants may register in advance by following the link:

Alliance Bank will be represented by:

Dauren Kereibayev              CEO

Abylkasym Mamyrbekov     CFO

Almira Akhmetkarimova      Managing Director, International Capital Markets

Irina Ivanova                          Director, Treasury

The conference call replay will be available through October 12, 2007.

International Replay Number: +44 (0) 207 031 4064

Toll Free Replay Number (US only): +1 888 365 0240

Replay Access Code: 768917