KICB

KICB has issued bonds with 14% p.a.

KICB offers new opportunity for investment of savings to its Clients – the registered interest-bearing bonds.

What is a bond?

Bonds are debt securities that are profitable alternative to the bank deposit. By purchasing bonds you hand over your money to the Bank for a definite period (2 years). The Bank pays you interest each quarter for 14% p.a. thatis not taxable for the use of your money. In two years the Bank will completely redeem (return) the amount invested by you. If it is necessary you can return money ahead of time.

Type of bonds	Registered, undocumented with fixed interest
Volume of the issue	KGS 100 000 000
Number of bonds	100 000
Face value	KGS 1 000
Bond coupon rate	14 % per annum
Payment of income	Each three months (December 16, March 16, June 16, September 16)
Effective interest rate	14,75% p.a.
Maturity	730 days(2 years)
Period of bonds placement	from September 16 to December 5, 2013
Underwriter of the issue	LLC«Financial company«Senti»

The detailed information about bonds is in the Prospectus and the Terms of the public offer of bonds (in Russian).

What are the advantages of KICB bonds?

Income from KICB bonds is not taxable

The main advantage of KICB bonds is that income from securities received by legal entities and individuals is not taxable as KICB bonds will be included into the category «Blue Chips» of the listing at the “Kyrgyz stock exchange” CJSC (the Tax code of KR, art.167 cl.36, art. 189, cl.9, art. 223).

The investors can return money at any time

The bondholder wishing to early return invested money can conclude an agreement with a KICB broker (the Financial company “Senti”) of securities sale, pay the Broker’s services and sell his bonds to other investors. If there is no demand for bonds, KICB will buy out its securities itself from investors wishing to sell them ahead of time.

KICB bonds will be included into the listing category Blue Chips

At present the Bank’s bonds are undergoing the listing procedure at the Kyrgyz stock exchange and will be included into the second highest category of listing «Blue Chips». It confirms reliability of the Bank, ensures transparency of its financial documentation and exempts bondholders from payment of taxes.

Cooperation with EBRD

The European Bank for Reconstruction and Development has actively assisted in implementation of the project on issue of KICB bonds. EBRD has provided technical and consulting support as well as expressed an intention to buy the part of the issued bonds, which indicates high reliability of KICB securities.

Where will be the interests on bonds paid?

The interests on bonds for 14% per annum are paid each three months in one of the following ways: in cash in the head office of the Bank, by transfer to you banking card or settlement account. You can choose the most convenient way of interest payment for you.

Where can I acquire bonds?

You can acquire KICB bonds through the Underwriter of the Bank – the Financial company “SENTI” at:

9 floor, 219, Chui av., Bishkek, the Kyrgyz Republic

Telephone: +996 (312) 61-45-89, 61-46-47

www.senti.kg

You can refer to the Financial company “Senti” for detailed information about bonds as well as to the Head office of KICB at:

21, blvd. Erkindik, Bishkek, the Kyrgyz Republic

Tel.: (+996 312) 62-01-01; Fax: (+996 312) 62-02-02

The calculation of income on KICB bonds, not subject to income tax and profit tax

Investment amount	Quarterly income(% payment)	Total income for 2 years
KGS 10 000	KGS 350	KGS 2 800
KGS 100 000	KGS 3 500	KGS 28 000
KGS 1 000 000	KGS 35 000	KGS 280 000
KGS 10 000 000	KGS 350 000	KGS 2 800 000