Changes in the Board of Directors of Halyk Bank

Press-release

Changes in the Board of Directors JSC Halyk Bank

13 September 2013

JSC "Halyk Bank" (hereinafter - "the Bank") hereby announces that the Extraordinary General Shareholders' Meeting of the Bank was held on 10 September 2013. The Meeting was initiated by the Board of Directors due to early termination of authorities by member of the Board of Directors - Mr. Kadyrzhan Damitov.

Based on the resolutions of the General Shareholders' Meeting, the Bank's shareholders have made a decision to elect Mr. Arman G. Dunayev, the new member to the Board of Directors of the Bank in the capacity of an Independent Director and to determine the term of his authorities as commencing from the moment of election until expiry of the term of the existing Board of Directors of the Bank as set by the Annual General Shareholders' Meeting held on 21 April 2011.

Mr. Arman G. Dunayev has wealth of working experience in government bodies and in the financial sector.

Thus, pursuing the best international corporate governance practices, as at the date of this press-release five out of seven members of the Bank's Board of Directors are independent directors.

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JSC "Halyk Bank" is the leading financial services group and the leading retail bank in Kazakhstan with the largest customer base and the broadest branch network and ranks first in terms of net profit and the deposit base. Halyk Bank is developing as a universal financial services group rendering a wide range of services (banking services, pension asset management, insurance, leasing, brokerage services and asset management) to its retail, SME and corporate clients. Halyk Bank has banking subsidiaries in Russia, Georgia and Kyrgyzstan.

JSC "Halyk Bank" is a listed company with its securities listed at Kazakhstan Stock Exchange (KASE) and London Stock Exchange (LSE).

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