OREANDA-NEWS. March 21, 2011. Accumulative Pension Fund BTA Kazakhstan Subsidiary of BTA Bank (Almaty, hereinafter - APF BTA Kazakhstan), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE that on April 14, 2011 at 10:00 o'clock a joint general meeting of shareholders of Accumulative Pension Fund BTA Kazakhstan Subsidiary of BTA Bank, Accumulative Pension Fund Ular Umit (in the heading and hereinafter - APF Ular Umit) and Pension Funds Investment Management Institution Zhetysu (in the heading and hereinafter - PFIMI Zhetysu) is to take place with the agenda issues as follows, reported the press-centre of KASE:

- taking a decision on a voluntary reorganization of APF BTA Kazakhstan and PFIMI Zhetysu by way of merging with APF Ular Umit;

- approval of the merger agreement and transfer certificate;

- on the procedure, term and selling price of shares of the companies to be merged;

- on the procedure, term and offering (selling) price of shares of the company with which the above-mentioned companies merge;

- on approval of the procedure for share swap between shareholders of APF BTA Kazakhstan, PFIMI Zhetysu and APF Ular Umit;

- on appointing a designated person in charge of conducting the reorganization and vesting him with powers necessary to file a request with the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (FSA) for a permit for reorganization;

- on approval of a plan (project) of reorganization of APF BTA Kazakhstan and PFIMI Zhetysu by way of merging with APF Ular Umit;

- on approval of a financial forecast of consequences of a voluntary reorganization of APF BTA Kazakhstan and PFIMI Zhetysu by way of merging with APF Ular Umit with regard to own means and pension assets, including a projected (calculated) balance sheet of the company after the reorganization;

- on notification of depositors (beneficiaries) of APF BTA Kazakhstan, APF Ular Umit, as well as their creditors of the reorganization;

- on cessation of operations of APF BTA Kazakhstan and PFIMI Zhetysu due to their merger with APF Ular Umit and termination of their shares issue.

The said meeting will be held at Zholdasbekov str. 97, block A2, micro-district Samal-2, Almaty. Participants will be registered beginning 09:30 o'clock.
                                                         
In case of absence of a quorum, a repeated meeting will be held on April 15, 2011 at the same time and at the same place.