Jsc Halyk Reg S Regulatory News (HSBK)

30 Apr 2008 11:32

JSC Halyk Savings Bank Kazakhstan30 April 2008 Resolutions adopted at the Annual General Shareholders Meeting of Joint StockCompany "Halyk Savings Bank of Kazakhstan" held on April 25, 2008. Joint Stock Company "Halyk Savings Bank of Kazakhstan" ("the Bank") is pleasedto announce that the following resolutions were adopted at the Annual GeneralShareholders Meeting held on April 25, 2008: 1. Approve the consolidated financial statements of the Bank for the yearended December 31, 2007 prepared in accordance with International FinancialReporting Standards and audited by Deloitte LLP. Consolidated financial statements of the Bank for the year ended December 31,2007 are available on the web-site of the Bank http://eng.halykbank.kz/financials/reports. 2. Approve the distribution of the Bank's net income for the year 2007 asfollows: (S) Pay the aggregate amount of KZT 1,679,475,552 as dividends onpreferred shares of the Bank (NIN KZ1(E)33870117) and preferred sharesconvertible to common shares of the Bank (NIN KZ1(E)33870216) in accordance withthe terms of the relative prospectus for the issue of shares of the Bank(including the amount of taxes payable under the legislation of the Republic ofKazakhstan). The record date in respect of shareholders eligible to receivedividends on preferred shares and preferred shares convertible to common sharesof the Bank will be May 12, 2008. Payment of dividends on preferred shares andpreferred shares convertible to common shares will take place from May 13, 2008until May 16, 2008. Dividend payment method - wire transfer and (or) cashpayment. (S) Pay part of net income as dividends on common shares of the Bank(NIN KZ1C33870011) for the year 2007 in accordance with the procedures and termsstipulated in the prospectus for the issue of shares of the Bank on the basis ofKZT 2.75 per 1 (one) common share (including the amount of taxes payable underthe legislation of the Republic of Kazakhstan). The record date in respect ofshareholders eligible to receive dividends on common shares will be May 19,2008. Payment of dividends on common shares will take place from May 20, 2008.Dividend payment method - wire transfer and (or) cash payment. (S) Allocate part of 2007 net income to increase the reserve capital ofthe Bank up to the amount not exceeding KZT 35,000,000,000 (thirty five billiontenge), considering a minimum reserve capital requirement of not less than 2%(two percent) of the Bank's loan portfolio subject to classification inaccordance with the legislation of the Republic of Kazakhstan and taking intoaccount expected growth of the Bank's loan portfolio. (S) Allocate the remaining part of 2007 net income of the Bank to theBank's retained earnings. 3. Take into consideration the information provided during the AnnualGeneral Shareholders Meeting with regard to shareholders' appeals to actions ofthe Bank and its officials and the results of such consideration. 4. Take into consideration the information provided during the Annual GeneralShareholders Meeting regarding the amount and structure of remuneration ofthe members of the Board of Directors and the Management Board of the Bank. Contact details: Zhanara Aikimbayeva, Deputy Director of International Department e-mail: janara@halykbank.kz, tel: 007 727 259 07 96 Assel Atinova, Financial Institutions e-mail: asela@halykbank.kz, tel: 007 727 259 04 30 This information is provided by RNS The company news service from the London Stock Exchange