OREANDA-NEWS. April 30, 2008. Subsidiary of Joint Stock Company Bank TuranAlem - Joint Stock Company Temirbank (Almaty, in the headline - Temirbank JSC, hereinafter - the bank), securities of which are traded in the Kazakhstan Stock Exchange (KASE) category "A" official list, informed KASE by the official letter that on April 23, 2008 it held shareholders annual general meeting, where made the following decisions, reported the press-centre of KASE:

- approve the bank's financial statement for 2007;

- approve the following order of distribution of the bank's net income for 2007:

  - a part of the bank's net income allocate to forming of the reserve capital;

  - a part of the bank's net income in the amount of 7 % allocate to remuneration of the bank's managing employees;

  - a remainder allocate to the bank's capitalization;

- do not pay dividends on the bank's common shares based on results of 2007;

- take into consideration issues related to appeals of shareholders to the bank and its officials and consideration results;

- approve the size and composition of remuneration of the Board of Directors members and the bank's Board;

- approve the bank's revised charter. Authorize the bank's Board Chairman to sign the bank's revised charter for its agreement in the authorized body and implementation of all necessary actions on re-registration in the Ministry of Justice of the Republic of Kazakhstan in compliance with the legislation in force;

- approve the bank's revised corporate management code;

- transfer a part of the net income in the amount of KZT5 000 m. for forming of the bank's reserve capital;

- approve the decision of the bank's Board of Directors in relation to deals, for conclusion of which were established special terms, from April 26, 2007 to April 22, 2008 inclusive.