JSC Alliance Bank Joint Stock Company "Alliance Bank" is one of the most dynamically developing Kazakhstan's banks

and has successful experience in banking sector for over 10 years. In the ranking of banks of 2 Level in the Republic of Kazakhstan, JSC "Alliance Bank is on the 5th place. According to the decision of the National Bank of the Republic of Kazakhstan at 245 of June 25, 2001, JSC "Alliance Bank" is recognized as fulfilling the requirements of the Regulations on the procedure for transferring of banks to international standards. Also in accordance with the resolution of 73 of the National Bank of Kazakhstan on May 15, 2004, JSC "Alliance Bank" is included in the list of banks that have fallen to the international financial reporting standards in the automation of the banking information system and its certification. At the beginning of 2004 the market share of JSC "Alliance Bank" slightly exceed 2.5% (by total assets), and the beginning of 2005 amounted to nearly 4.5%. This is the largest growth rate among Kazakh banks in real terms, which allowed JSC "Alliance Bank" on the basis of the given year (2005) to become the 5th Bank of the Republic of Kazakhstan. Alliance Bank has a license for operations with precious metals and occupies a leading position in the interbank market of gold and is one of the participants of currency trading on the Kazakhstan Stock Exchange. Also the bank has good partner relationship with the National Bank of Kazakhstan. Alliance Bank is licensed to conduct brokerage and dealer activities on the stock market with the right to handle client accounts as a nominal holder. Alliance Bank previously had the name "Irtyshbusinessbank" and fully retains all of its property rights and obligations. In general, the client base of JSC "Alliance Bank" is more than 11 thousand legal entities and individuals. To date, the financial assets of JSC "Alliance Bank grew to 1.5 billion. Deposit portfolio of JSC "Alliance Bank" increased almost 2 times by contributions from individuals and legal entities. Credit portfolio of Alliance Bank has grown by almost 71%. The focus of lending to the real sector of the economy was an appeal to the enterprises of small and medium businesses. JSC "Alliance Bank" provides a wide range of banking services to individuals and legal entities: - Cash management services; - Loans; - Transactions with securities; - Operations with precious metals;

- Currency exchange; - Safe-deposit; - Pawnshop; - Collection; - Money transfer system Western Union, etc. In January 2005, around the world authoritative financial magazine The Banker recognized Alliance Bank as the fastest growing bank in the countries with transition economy. Overall, the research covered 377 banks in the CIS countries, the Baltic States, Central Asia and Europe on the basis of their activities in 2002-2003. On April 8, 2005 the international rating agency Fitch Ratings has assigned ratings to Alliance Bank: Long-term "B +", short-term "B", Individual "D" and support rating "4". The outlook on the long-term rating is "Stable". Long-term and short-term ratings, as well as the support rating reflects Fitch's view regarding the likelihood that bank would receive support from the Kazakh authorities in case of need. Impact of recent financial crisis Financial crisis in Kazakhstan which began in the second half of the 2007 due to problems in the mortgage market in the U.S. first of all, hit the construction companies. At the beginning of 2008 some of them already ceased their existence, leaving hundreds of unfinished housing estates and business centers across the country. Real Estate in Kazakhstan actually became illiquid. As a result, more and more people who took loans for real estate, refused to pay the high interest rates for non-existent objects.

Place in the rating Banks July 2005 July 2004

Assets, in thousands tenge

Equity, in thousands tenge Net profit Place in for the the rating year 1 July Chang on capital 07.2012 2011 e in % 07. 2012

1 July 2012

1 July 2011

Chan 1 July ge in 2012 %

" "

761 952 196 736 557 889 498 015 138 267 014 896 225 540 341 224 444 694 114 407 313 104 280 457 88 777 707 66 217 110

498 589 78 518 50 772 52,8 669 412 724 446 369 67 359 38 195 65,0 293 512 217 291 414 42 395 25 624 70,9 868 180 152 146 850 24 681 14 140 81,8 922 190 440 62 492 17 028 260,9 247 856 120 509 16 774 86,2 965 674 81 140 550 56 384 401 69 033 124 38 243 932 11 012 263 11 188 524 11 594 707 12 439 090 4 631 212 9 362 638 7 978 676 7 309 151 9 294 879 6 951 061

54,6

10 139 384 9 361 287 5 500 870 1 658 545 910 272

76,4

65,5

74,5

267,7

79,2

2 056 348

41,0

38,0

10

663 853

84,9

53,1

757 088

28,6

24,7

1 510 302

10

11

73,1

79,0

450 168

11

10

55 792 284

42 434 980

31,5

5 522 813

4 629 578

19,3

12

711 170

12

12

HSBC TEXAKABA NK ""

49 492 870 36 695 927 24 870 455 22 514 473 13 073 042 5 721 265

31 835 356 21 091 344 15 690 558 17 415 386 11 817 230 2 478 206 4 851 535

55,5

6 680 562 3 769 368 2 415 777 2 387 378 3 361 763 4 560 833 1 290 934

4 755 350 3 050 024 1 727 524 1 876 293 2 613 769 2 185 631 1 214 880

40,5

11

185 427

13

13

74,0

23,6

14

429 440

14

15

58,5

39,8

16

223 359

15

14

29,3

27,2

17

474 992

16

16

10,6

28,6

15

684 153

17

20

130,9

108,7

13

214 386

18

17

5 698 990

17,5

6,3

20

56 320

19

18

4 899 895 "-" 3 785 331 "3 664 119 " 2 765 730

3 445 109

42,2

504 761

3 445 109

-85,3

25

-577 997

20

..

2 217 423

..

18

58 969

21

19

2 640 627 ..

38,8

1 655 346 1 105 818 1 212 105 1 117 557 1 053 299

1 422 694 ..

16,4

19

121 510

22

23

1 436

23

21

1 808 131 - 1 690 984 - 1 263 445

2 113 748 1 326 073 1 151 536

-14,5

1 196 943 1 052 849 1 010 696

1,3

21

24 609

24

22

27,5

6,1

22

40 401

25

23

9,7

4,2

24

50 481