OREANDA-NEWS. July 28, 2010. Kazkommertsbank on behalf of its subsidiary Kazkommerts Finance 2 B.V. (the Company) is announcing in regard of its subordinated bonds, reported the press-centre of KASE:

- USD200,000,000 8.625% APR maturing in Y2016, (Bonds 2016), ISIN: XS0262468654, and

- USD250,000,000 8.5% APR maturing in Y2017 (Bonds 2017), ISIN: XS0305204595

The meetings of holders of the subordinated bonds to consider the replacement of issuer Kazkommerts Finance 2 B.V. with Kazkommertsbank, scheduled July 21, 2010, were rescheduled to August 4, 2010 through absence of quorum.

The recurrent meetings of holders of subordinated bonds will be held in the office of White & Case at: 5 Old Broad Street, London EC2N 1 DW on August 4, 2010 at 10.00 a.m. London time for Bonds Y2016 and at 10.30 a.m. for Bonds Y2017 respectively.