16th Jan 2008 09:14
JSC Halyk Savings Bank Kazakhstan16 January 2008 16 January 2008 Joint Stock Company 'Halyk Savings Bank of Kazakhstan' Announcement of Extraordinary General Shareholders' Meeting The Board of Directors of JSC Halyk Bank (LSE: HSBK) hereby announces itsExtraordinary General Shareholders' Meeting to be held on 21 February 2008 at 11a.m. Almaty time at the following address: 40 Kurmangazy Str, Almaty, theRepublic of Kazakhstan. Agenda of the Extraordinary General Shareholders' Meeting The following issues are proposed for voting at the Extraordinary GeneralShareholders' Meeting: 1. Approval of number of members of the Board of Directors of JSC Halyk Bank. 2. Approval of the term of power of the Board of Directors of JSC Halyk Bank. 3. Election of directors to the Board of Directors of JSC Halyk Bank. 4. Approval of amendments to the Charter of JSC Halyk Bank. 5. Approval of amendments to the Corporate Governance Code of JSC Halyk Bank. 6. Approval of amendments to the Terms of the Board of Directors of JSC Halyk Bank. 7. Approval of amendments to the Regulations of JSC Halyk Bank on Share Buyback and Methodology for Estimation of Re-purchase Price. 8. Early termination of power of the Counting Board of JSC Halyk Bank. Approval of number of members and the term of the Counting Board; election of members to the Counting Board of JSC Halyk Bank. List of shareholders entitled to participate at the general shareholders'meeting of JSC Halyk Bank will be determined based on the shareholder registerof JSC Halyk Bank as at 21 January 2008. In accordance with the provisions of Article 43.1 of the Law of the Republic ofKazakhstan "On Joint Stock Companies" the above agenda may be supplemented withadditional items proposed for voting by a major shareholder (a shareholder or agroup of shareholders, acting on the basis of the agreement between them, whichindividually (or jointly) hold ten per cent or more of voting shares of theBank) or by the Board of Directors subject to prior notification to theshareholders of such supplements not later than fifteen days prior to the dateof the shareholders' meeting, or, alternatively, as it is provided for byArticle 43.4 of the Law of the Republic of Kazakhstan "On Joint Stock Companies". Shareholders of JSC Halyk Bank are invited to participate in the ExtraordinaryGeneral Shareholders' Meeting. For any information and materials related to the agenda and other details of thegeneral shareholders' meeting please contact: for Russian speakers: (+7 7272)590 777/590 000; for English speakers: (+7 7272) 590 430/447 765. Registration of participants at the general shareholders' meeting will proceedfrom 10.00 a.m to 10.45 a.m. Almaty time on 21 February 2008. Individual participants should present a valid identification document andrepresentatives of shareholders should present a respective power of attorney inaccordance with the legislation of the Republic of Kazakhstan. In the absence of a quorum the general shareholders' meeting shall reconvene on22 February 2008 at 11.00 a.m. Almaty time at 40 Kurmangazy Str, Almaty, theRepublic of Kazakhstan. Special note to the holders of Global Depositary Receipts (GDRs) intending to vote at the general shareholders' meeting Details of the procedures for voting of shares represented by GDRs are specifiedin Article 12 of the Terms and Conditions of the GDRs. Copy of the Terms andConditions on the GDRs are available on the website of JSC Halyk Bank and alsofrom the Deutsche Bank Trust Company Americas, 60 Wall Street, New York NY,10005 U.S.A. (the "Depositary"). In accordance with the Law of the Republic of Kazakhstan "On Joint StockCompanies" shares in nominal holding are not eligible for voting at the generalshareholders' meeting where no information on the owner thereof has beenregistered in the book-entry system of the Central Depositary of the Republic ofKazakhstan. Additionally in accordance with the Law of the Republic of Kazakhstan "On Banksand Banking Activity in the Republic of Kazakhstan", voting rights of holders ofGDRs representing common shares shall be subject to the following: (i) they certify on behalf of the relevant beneficial ownerthat (i) it is not a legal entity registered in Andorra, Liechtenstein, Liberia,Monaco, the Marshall Islands or which has an affiliate registered in any suchjurisdiction (unless such entity is an international bank having a credit ratingof "A" or above from one of Moody's Investors Service, Inc., Standard & Poor'sRatings Services, Fitch Ratings Ltd. or Capital Intelligence Ltd.), or (ii) aphysical person who is a participant or a shareholder in such legal entity; (ii) they own GDRs representing less than 10 per cent. of theoutstanding common shares of the Bank, or in case they own GDRs representingmore than 10 per cent. of the outstanding common shares of the Bank they haveobtained an approval from the Agency of Kazakhstan on Regulation and Supervisionof Financial Markets and Financial Organizations for such ownership. In consideration of the above mentioned legislative requirements and upondetermining the list of shareholders entitled to participate at the generalshareholders' meeting, i.e. 21 January 2008, the "Depositary" will be requestingthe holders of GDRs to disclose the identity of ultimate beneficial owners ofthe GDRs and certify that they are not subject to (i) and (ii) of the aboveparagraph. Further details and deadlines will be specified in respectiverequests from the Depositary. Items of the above agenda proposed for voting together with supporting materialsand voting instructions will be provided through the Depositary in due course. For further information please contact: Depositary Depositary Receipts DepartmentFax: +1 732 544 6346Telephone: +1 212 250 9100 JSC Halyk Bank Financial InstitutionsFax: + 7 (7272) 590 271Telephone: +7 (7272) 447 765 / 590 430E-mail: [email protected], [email protected] Financial DynamicsPaul MarriottDavid CranmerTelephone: +44 (0)20 7269 7252 / 7217E-mail: [email protected], [email protected] - ENDS - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Jsc Halyk Reg S