OREANDA-NEWS. June 30, 2010. JSC Alliance Bank is pleased to inform that it executed the first Recovery Notes Payment under Recovery Notes in the amount of USD10,725,430.

The payment was made from the Corporate and SME Pool cash recoveries, in accordance with the Terms and Conditions of the Recovery Notes. It was distributed pro rata among the Noteholders shown in the Registrar at the close of business, on 24 June, 2010.

USD978,059 Recovery Notes (ISIN Reg S/Rule 144A - XS0495755729/ XS0495756024) due 2020 were issued on 25 March, 2010. Recovery Notes Payments are made quarterly, pro rata to Noteholders on 25 June, 25 September, 25 December and 25 March of each year starting 1 March, 2010 till 24 March, 2017.