Jsc Halyk Reg S Regulatory News (HSBK)

30 Apr 2007 14:19

JSC Halyk Savings Bank Kazakhstan30 April 2007 Resolutions adopted at the Annual General Shareholders Meeting of JSC Halyk BankKazakhstan held on April 23, 2007. JSC Halyk Bank Kazakhstan ("the Bank") is pleased to report the followingresolutions adopted at the Annual General Shareholders Meeting held on April 23,2007: 1. approval of consolidated financial statements of the Bank as of year ended December 31, 2006 prepared in accordance with International Financial Reporting Standards and audited by Ernst&Young LLP. Consolidated financial statements of the Bank as of year ended December 31, 2006 are available on web-site of the Bank http://eng.halykbank.kz/financials/ reports. 2. approval of a payment of dividends on shares and allocation of the reserve capital of the Bank as follows: • Pay aggregate amount of KZT 1,578,707 thousand as dividends on preference shares (ISIN: KZ1P33870117) and preference shares convertible to common shares (ISIN: KZ1D33870216) in accordance with the terms of the relative prospectus of shares (amount before taxes payable in accordance with legislation of the Republic of Kazakhstan). The record date in respect of shareholders entitled to receive dividends on preference shares will be May 14, 2007. Payment of dividends on preference shares will be effected on May 15, 2007. • Pay amount of about KZT 2,450,371 thousand as dividends on common shares on the basis of KZT 2.50 per one common share (amount before taxes payable in accordance with legislation of the Republic of Kazakhstan). The record date in respect of shareholders entitled to receive dividends on common shares will be May 21, 2007. Payment of dividends on common shares will be effected on May 22, 2007. • Allocate part of 2006 net income of the Bank in the amount of KZT 449,699 thousand to the reserve capital of the Bank. • Allocate the remaining part of 2006 net income of the Bank to the retained earnings of the Bank. 3. approval of increase in the number of members of the Board of Directors from five to eight and elect the following three new members of the Board of Directors: • Mr. Christof Ruehl as an independent non-executive director• Mr. Gavyn Arthur as an independent non-executive director• Mr. Askar Elemessov as a non-executive director representing Holding Group Almex JSC Further information on the new members of the Board of Directors is available on the web-site of the Bank http://eng.halykbank.kz/bank/corporate_governance. 4. approval of amendments proposed by the Board of Directors to the Charter, the Corporate Governance Code and the Terms of the Board of Directors to bring the respective corporate documents in compliance with the most recent changes in the legislation of the Republic of Kazakhstan. Further information on amendments to the Charter, the Corporate Governance Code, and the Terms of the Board of Directors is available on the web-site of the Bank http://eng.halykbank.kz/bank/corporate_governance. 5. approval of the following decisions with respect to the counting board of the Bank: • The number of members of the counting board of the Bank approved as five members. • The term of the counting board approved for one year till re-election on the next Annual General Shareholders Meeting. • The following persons to be elected as members of the counting board of the Bank: Ms. Aigul Altynbekova (Chairperson), Ms. Zhanar Bayatanova, Ms. Ilmira Razumova, Mr. Erik Kutubayev and Ms. Gulmira Tungatarova. Contact details: Dauren Karabayev, Deputy Chairman (daurenk@halykbank.kz) 007 327 259 88 66 Assel Atinova, Financial Institutions (asela@halykbank.kz) 007 327 259 04 30 This information is provided by RNS The company news service from the London Stock Exchange