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Tuesday 23 February, 2010

Temirbank JSC

Corrective Announcement

RNS Number : 5284H
Temirbank JSC
23 February 2010
 



Not for distribution in the United States

PRESS RELEASE

(for immediate release)

 

JSC TEMIRBANK

(the "Bank")

TEMIR CAPITAL B.V.

 

23 FEBRUARY 2010

 

DATE OF JSC TEMIRBANK NOTEHOLDERS MEETINGS

CONFIRMATION OF DOMESTIC NOTE INTEREST TREATMENT

In relation to yesterday's Notice of Meeting of the holders of the U.S.$300,000,000 9.0% Sr. Notes due 2011 of Temir Capital B.V., the Bank wishes to clarify that the meeting will take place on Tuesday 16 March 2010.

Accrued but unpaid interest (other than default interest) on the Unsecured Domestic Notes as at the Record Date will be capitalised rather than paid and will become part of the principal amount of the Unsecured A Domestic Notes.

 

Nothing in this press release, the Information Memorandum referred to in yesterday's Notice, nor any other document issued with or appended to the Information Memorandum should be relied on in connection with the purchase of any shares, securities or assets of the Bank.This press release is not an offer of securities in the United States.  Securities may not be offered or sold in the United States absent registration or an exemption from registration

 

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