OREANDA-NEWS. January 18, 2010. JSC Kazkommertsbank ("Kazkommertsbank" or the “Bank”) announces today that it has been officially notified by JSC Alnair Capital Holding ("Alnair") that Alnair has acquired additional shares in Kazkommertsbank. As a result of the transaction, Alnair has increased its holding of Kazkommertsbank’s common shares to 28.565% and now owns 222,408,342 common shares of the Bank, reported the press-centre of Kazkommertsbank.

According to Alnair, the earlier agreement between Alnair and Samruk-Kazyna National Wealth Fund, regarding the transfer of 6,448% of the Bank’s common shares to the trust management of Alnair, has been terminated based on the mutual agreement of both parties.

This purchase has not resulted in any changes to the shareholdings of the other major shareholders – Mr. Nurzhan Subkhanberdin, JSC “Central Asian Investment Company” (CAIC), European Bank for Reconstruction and Development (EBRD) and “Samruk-Kazyna” National Wealth Fund.

The detailed information on the shareholding structure of the Bank is available on www.kkb.kz.