Minutes on the Results of Shareholder Voting at the Extraordinary General Meeting of Shareholders of the Joint Stock Company 'Nurbank' (hereinafter referred to as the Company)

located at: Republic of Kazakhstan, Almaty city, Zheltoksan street, 168 'b',

held at: Republic of Kazakhstan, Almaty city, Dostyk avenue, 38,
September 05, 2008

1. Election of Mr. D. Zh. Nurskenov as the Chairman of the General Meeting and Ms. A. A. Sunkarlanova as the Secretary of the General Meeting:
'Against' — none
'Abstained' — none
'For' — 14 (fourteen) votes
Decision adopted unanimously.

2. For all agenda items, except for the sixth item, an open voting form is chosen, based on the 'one share — one vote' principle, a cumulative voting form is chosen for the sixth item.
'Against' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'Abstained' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'For' — 2,840,959 voting shares (90.87 %) of the Company present at the Meeting.
Decision adopted unanimously.

3. Approval of the Agenda of the General Meeting.
'Against' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'Abstained' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'For' — 2,840,959 voting shares (90.87 %) of the Company present at the Meeting.
Decision adopted unanimously.

4. On the first agenda item, the following decision was put to the vote: 'Approve as the auditing organization for conducting an audit of JSC 'Nurbank' and the consolidated financial statements of the group (banking conglomerate) for 2008 LLP 'Ernst & Young'.
'Against' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'Abstained' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'For' — 2,840,959 voting shares (90.87 %) of the Company present at the Meeting.
Decision adopted unanimously.

5. On the second agenda item, the following decision was put to the vote: 'Approve the Methodology for determining the value of shares when repurchased by JSC 'Nurbank' in the new edition'.
'Against' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'Abstained' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'For' — 2,840,959 voting shares (90.87 %) of the Company present at the Meeting.
Decision adopted unanimously.

6. On the third agenda item, the following decision was put to the vote: 'Approve the dividend payment date on preferred shares for 2007 — September 30, 2008, in the amount of the guaranteed minimum volume, according to the Charter of the Company, namely 1000 tenge per 1 preferred share'.
'Against' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'Abstained' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'For' — 2,840,959 voting shares (90.87 %) of the Company present at the Meeting.
Decision adopted unanimously.

7. On the fourth agenda item, the following decision was put to the vote: 'Approve amendments and additions to the Charter of JSC 'Nurbank' regarding the corporate secretary, namely:

1) sub-item 10-1) with the following content should be added to item 2 of article 20 of the Charter of JSC 'Nurbank': 'appointment, determination of the term of office of the corporate secretary, early termination of their powers, as well as the determination of the amount of their salary and conditions of remuneration for the corporate secretary;';

2) in sub-items 9, 10, 11, 14 of article 20 of the Charter of JSC 'Nurbank', the words 'corporate', 'corporate' should be added before 'secretary'.'
'Against' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'Abstained' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'For' — 2,840,959 voting shares (90.87 %) of the Company present at the Meeting.
Decision adopted unanimously.

8. On the fifth agenda item, the following decision was put to the vote: 'Approve the Corporate Governance Code concerning the banking conglomerate'.
'Against' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'Abstained' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'For' — 2,840,959 voting shares (90.87 %) of the Company present at the Meeting.
Decision adopted unanimously.

9. On the sixth agenda item, the following decision was put to the vote: 'Alter the composition of the Board of Directors: remove the independent director — Mr. Sagyn Krymkulov and include in the Board of Directors the independent director — Ms. Raushan Yezhanova'.

1. LLP 'ASS INTERNATIONAL TRADE' — 80,076 votes in favor;
2. LLP 'OIL CHEMICAL PRODUCT COMPANY' — 77,179 votes in favor;
3. LLP 'OIL MARKET CORPORATION' — 77,178 votes in favor;
4. LLP 'OIL TRADE LTD' — 77,181 votes in favor;
5. LLP 'TECHNO TRADING LTD' — 163,998 votes in favor;
6. LLP 'TRADE PETROLEUM COMPANY' — 107,129 votes in favor;
7. LLP 'A-Holding' — 152,536 votes in favor;
8. LLP 'Alliance — K L L P' — 2,411 votes in favor;
9. LLP 'Company New World' — 118,643 votes in favor;
10. JSC 'Sugar Center' — 129,000 votes in favor;
11. JSC 'Insurance Company 'Victoria'' — 123,666 votes in favor;
12. Dariga Nazarbayeva — 1,715,309 votes in favor;
13. JSC 'Accumulation Pension Fund 'Atameken'' — 15,572 votes in favor;
14. 'Money Experts', a subsidiary of JSC 'Nurbank' — 1,081 votes in favor.

'Against' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'Abstained' — (none) shares, or (none) % of the Company's voting shares present at the General Meeting.
'For' — 2,840,959 voting shares (90.87 %) of the Company present at the Meeting.
Decision adopted unanimously.

 

 

Secretary of the General Meeting                                          A. Sunkarlanova