OREANDA-NEWS. On May 27, 2009 Subsidiary insurance company of Halyk Bank of Kazakhstan Halyk-Kazakhinstrakh (Almaty, hereinafter  in the quotation - Kazakhinstrakh), common shares of which are present in Kazakhstan Stock Exchange (KASE) official list, informed KASE by the official letter on the following, reported the press-centre of KASE:

On May 26, 2009, Kazakhinstrakh Board of Directors decided to place (sell) Kazakhinstrakh authorized shares (KZ1C39450016), on the following terms:

1. number and types of being placed shares - 31,429 voting common shares;

2. ratio of placed shares number (279,500 units) to the number of being placed (sold) securities (31,429 units) - 8.89306:1, i.e. the number of being placed shares makes up 11.2 % from the total number of Kazakhinstrakh placed shares;

3. placement price of being placed shares - KZT35,000 per share;

4. terms of buying of being placed (sold) shares - Kazakhinstrakh shareholders, entitled to have the first option right during 30 days can address to Kazakhinstrakh a purchase order in proportion to held by them number of shares. The purchase order is sent to: 050004, Almaty, 17 Nauryz batyr Str.

Contact person - Akmaral Medelbekova, tel.: 8(727) 259-98-48 ext.167.