OREANDA-NEWS. Kazkommertsbank, one of the largest banks in Kazakhstan and Central Asia, announces today on payment of dividends on preference shares in accordance with decision of the Extraordinary General Meeting of the shareholders on 21 February 2014. The details are as follows:

1. Name of the Bank: Kazkommertsbank Joint-Stock Company; address: 135Zh Gagarin avenue, Almaty 050060, Kazakhstan; bank details: BIC KZKOKZKX, BIN 911040000021, sector of economy - 4.

2. Dividend period: Dividend will be paid for the calendar year.

3. Amount of dividend: According to the Shares Issue Prospectus, the dividends on preference shares of the Bank are fixed at 0.04 USD per one preference share, paid in tenge based on the KZT/USD exchange rate as at the payment date. The KZT/USD exchange rate is defined as the rate of the morning (major) session of Kazakhstan Stock Exchange on the working day prior to payment date.

4. Start date for the payment: The payment of dividend on preference shares will start on 12 December 2014. The completion date for the list of shareholders eligible for payment of dividends on preference shareholders was 12 November 2014.

5. Order of payment: Dividend will be paid via a transfer to the bank accounts of the preference shareholders.