Minutes of the Shareholders' Vote at the Annual General Meeting of the Shareholders of Joint Stock Company 'NURBANK' (hereinafter referred to as the COMPANY)

Minutes of the Shareholders' Vote at the Annual General Meeting of the Shareholders of Joint Stock Company 'NURBANK' (hereinafter referred to as the COMPANY)

Location of the executive body (Management Board): Republic of Kazakhstan, Almaty,
Zheltoksan St. 168 "B".
Venue of the annual general meeting of shareholders: Republic of Kazakhstan, Almaty, Dostyk Ave., 38.
Date of the annual general meeting of shareholders: April 27, 2009.

1. Election of Mr. Mukhanov M.S. as Chairman of the General Meeting and Ms. Sunkarlanova A.A. as Secretary of the General Meeting:
“Against” — none
“Abstained” — none
“For” — 9 votes

Resolution passed unanimously.

2. On all issues, adopt an open vote format, based on the principle “one share - one vote”.
“Against” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“Abstained” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“FOR” — 2,383,363 voting shares (75.03%) of the Society present at the Meeting.

Resolution passed unanimously.

3. Approval of the agenda of the general meeting.
“Against” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“Abstained” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“FOR” — 2,383,363 voting shares (75.03%) of the Society present at the Meeting.

Resolution passed unanimously.

4. On the first agenda item, the following resolution was put to the vote: “Appoint the audit organization JSC 'Nurbank' for auditing the consolidated annual financial statements of the group (banking conglomerate) for 2009 as LLP 'Ernst & Young'.
“Against” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“Abstained” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“FOR” — 2,383,363 voting shares (75.03%) of the Society present at the Meeting.

Resolution passed unanimously.

5. On the second agenda item, the following resolution was put to the vote: “Approve the annual financial statements of JSC 'Nurbank' based on the results of 2008.”
“Against” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“Abstained” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“FOR” — 2,383,363 voting shares (75.03%) of the Society present at the Meeting.

Resolution passed unanimously.

6. On the third agenda item, the following resolution was put to the vote: “Approve the following distribution of JSC 'Nurbank's net income:
1) Do not pay dividends on ordinary shares.”
“Against” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“Abstained” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“FOR” — 2,383,363 voting shares (75.03%) of the Society present at the Meeting.

Resolution passed unanimously.

7. On the fourth agenda item, the following resolution was put to the vote: “Acknowledge the absence of shareholder appeals regarding the actions of JSC 'Nurbank' and its officials.”
“Against” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“Abstained” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“FOR” — 2,383,363 voting shares (75.03%) of the Society present at the Meeting.

Resolution passed unanimously.

8. On the fifth agenda item, the following resolution was put to the vote: “Acknowledge the information about the size and composition of remuneration to the members of the Board of Directors and Management Board of JSC 'Nurbank'.”
“Against” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“Abstained” — (none) shares, or (none) % of the Society's voting shares present at the General Meeting.
“FOR” — 2,383,363 voting shares (75.03%) of the Society present at the Meeting.

Resolution passed unanimously.


Secretary of the General Meeting ___________________________ Sunkarlanova A.A.

28.04.2009