OREANDA-NEWS. October 21, 2010. Temirbank  (Almaty), bonds of which are listed on Kazakhstan Stock Exchange (KASE), informed KASE by an official letter on the following, reported the press-centre of KASE:

...according to the plan of restructuring for Temirbank (hereinafter - the Bank), approved by Almaty Special Financial Court on April 29, 2010 (hereinafter - Restructuring Plan), the Bank hired BTA Securities as broker (hereinafter - Independent Liquidator) for conducting an auction in undeclared securities by Bank creditors during restructuring. This being the reason, the Independent Liquidator conducts placement of Global Depository Receipts (ISIN: US87971S1006/ US87971S2095) and collateralized bonds (NIN: KZP07Y10C336) of the Bank via an auction. Funds, obtained from the placement of the mentioned securities, will be transferred to Bank's creditors according to the Restructuring Plan.

Additionally, KASE has received a letter of October 18, 2010 from Subsidiary of BTA Bank - BTA Securities, containing information on placement terms for the above-mentioned securities. The said letter from Subsidiary of BTA Bank – BTA Securities is available on KASE website, at http://www.kase.kz/files/emitters/TEBN/tebn_reliz_181010_1.pdf