19 September 2014

PRESS-RELEASE

Оn obtaining regulatory approvals for acquisition of SB 'HSBC Bank Kazakhstan' JSC

Joint Stock Company 'Halyk Savings Bank of Kazakhstan' ('Halyk Bank') (LSE: HSBK) announces that it has received the regulator's approvals for acquisition of SB 'HSBC Bank Kazakhstan' JSC

According to the resolution of the National Bank of the Republic of Kazakhstan No.173 dated 12 September 2014, Halyk Bank has received the permission No.114 dated 15 September 2014 for acquisition of SB HSBC Bank Kazakhstan JSC.

Furthermore, according to the resolution of the National Bank of the Republic of Kazakhstan No.174 dated 12 September 2014, Halyk Bank has received the regulator's consent for obtaining the status of bank holding of SB 'HSBC Bank Kazakhstan' JSC.

As announced on 26 February 2014 Halyk Bank has entered into an agreement with HSBC Bank plc to acquire 100% of the share capital in SB 'HSBC Bank Kazakhstan' JSC, a wholly owned subsidiary of HSBC Bank plc ('the Transaction'). The Transaction is expected to complete by the end of 2014.

This acquisition will further strengthen the leading position of Halyk Bank in the Kazakhstan banking sector, attracting new customers in the retail segment and among large national companies and large international companies operating in Kazakhstan.

JSC Halyk Bank is the leading financial services group and the leading retail bank in Kazakhstan with the largest customer base and the broadest branch network. The Bank holds the first place in net income among second tier banks of Kazakhstan. The Bank is developing as a universal financial services group rendering a wide range of services (banking services, insurance, leasing, brokerage services) to its retail, SME and corporate clients. The Bank also operates in Russia, Georgia and Kyrgyzstan.