Changes in the Management Board of Halyk Bank

PRESS RELEASE

Changes in the Management Board of JSC Halyk Bank

09 January 2014

Joint Stock Company Halyk Savings Bank of Kazakhstan ("Halyk Bank" or "the Bank") (LSE: HSBK) hereby announces the following changes in the Management Board of Halyk Bank. In accordance with the Resolution of the Board of Directors of Halyk Bank dated December 27, 2013:

1. It has been resolved that effective from January 1, 2014, the Management Board of the Bank will consist of 9 (nine) members;

2. Mr. Askar Ibraimov has been elected as a member of the Management Board of the Bank responsible for SME business effective from January 1, 2014.

Mr. Askar Ibraimov joined Halyk Bank in 2001 as a leading legal advisor, after working as a tax inspector in the Tax Committee in the city of Kokshetau. Before being appointed as a Deputy Chairman of the Management Board of Halyk Bank he was a Director of Karaganda Branch, a Director of North Kazakhstan Branch and held a number of various managing positions in Legal Division and Retail Sales Division.

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. The Bank holds the first place in net income among second tier banks of Kazakhstan. The Bank is developing as a universal financial services group rendering a wide range of services (banking services, insurance, leasing, brokerage services and asset management) to its retail, SME and corporate clients.