PRESENTATION

1. PRESENTATION 2009

2. CONTENTS • Strategy and Competitive Positioning • BTA Group • Cooperation with financial institutions • Government Initiative • Key Awards Page2

3. Key Milestones Minority investment in Slavinvestbank, Moscow Creation of Bank TuranAlem through the merger of Turan and Alem Bank Increase of equity by US$ 1.5 bln Opening representative offices in Tokyo and Seoul Processing of opening a bank in China Privatisation to Kazakh investors Representativeoffice in UAE 1925-1997 1998-2001 2002-2003 2004-2006 2007 2008 2009 Launching and implementation of the new strategy and rebranding International credit ratings raised to Baa2/BB-/BB+ EBRD, IFC, FMO, DEG, RZB become shareholders First credit rating from Moody’s First bond issue Adoption of geographical diversification strategy Islamic bank opening Minority investment in Sekerbank, Turkey Acquisition of a majority stake in Temirbank, Kazakhstan Page3 Source: Bank Data

4. Mission and Strategy Provide the full range of financial solutions in the emerging markets of the CIS, Eastern Europe and Asia Further enhance the bank’s leadership position in Kazakhstan Increase its presence in the CIS and in Kazakhstan’s key trade partners, such as Turkey and China Key Stakeholders Customers, Shareholders, Employees Key Customers Retail clients and SMEs Key Goal in Kazakhstan Evolution into a universal financial group with market shares of at least 25% in retail, SME and corporate sectors Key Objective in the CIS Geographic diversification of revenue through acquisition and development of well-positioned retail banks with strong clients bases and solid balance sheets Page4 Source: Bank Data

5. Key Competitive Advantages • Extensive experience gained in both Kazakhstani and foreign markets enables BTA to effectively compete with key local rivals • Intimate knowledge of the local markets and local customers’ needs create a strong basis to address competitive challenges from foreign commercial banks • Innovative culture and continuous improvement of its product line and technologies help the bank stay in sync with the market • Broad and expanding network of strategic partners increases stability of the Group’s income and sets the stage for further revenue growth and diversification Page5

6. Solid positions in home market Market share by Capital as of 3Q 2008 Market share by Assets as of 3Q 2008 Other 17.8% Other 13.6% BTA 24.7% BTA 28.2% Centrecredit 8.0% Centrcredit 5.1% ATF Bank 6.8% Temir Bank 2.4% ATF Bank 8.1% Temir Bank 3.7% Alliance Bank 8.4% Alliance Bank 10.8% KKB 20.2% KKB 16.0% Total per BS- 12.7 bln.$ Halyk Bank 11.8% Total per BS- 104.3 bln.$ Halyk Bank 14.6% Market share by Loans as of 3Q 2008 Market share by Deposits as of 3Q 2008 Other 13.1% Other 10.7% BTA 20.9% BTA 26.8% Centrcredit 8.7% Centrcredit 7.0% ATF Bank 5.6% ATF Bank 9.2% Temir Bank 2.7% Aliance Bank 6.8% Temir Bank 3.0% Aliance Bank 7.9% KKB 23.4% Halyk Bank 18.8% KKB 22.1% Halyk Bank 13.3% Total per BS- 67.3 bln.$ Total per BS- 61.1 bln.$ Page6 Page6 Source: Bank Data

7. Strong positions in target sectors • A large market share (approx. 40%) in consumer payments (utilities, mobile phones and taxes) • Market shares of 23.6% in deposits and 28.7% in consumer loans • 778 ATMs, 422 “Faster” units in Kazakhstan and 430 in CIS,160 “Cash&Pay” 24-hours servicing terminals Retail Banking • SME considered with turnover from 25 to 2 mln.USD • Largest number of retail units serving SME clients • Market share in SME 17.4% in 3Q2008 SME • A broad range of services that includes fixed income products, corporate management, venture financing, trust management, cash management, online-banking • Advanced Customer Relationship Management system helps maintain and develop a strong corporate client base and long-term relationships with clients • Market share in corporate lending 32.5%. Corporate Banking Source: Bank Data

8. Leading Banking Group in Kazakhstan Group 100% Wide range of financial services, including corporate banking, retail banking, mortgage, auto finance, leasing 100% Provide auto, property and liability insurance 98% a specialised medical insurer in Kazakhstan and runs its own medical company to serve its customers in 22 cities throughout Kazakhstan 100% one of the leading companies in voluntary personal insurance and had a 16.1% share of the market in the third quarter. 95% collects pension contributions, makes pension disbursements and acts as its own asset manager, the number of enrolled increased to 956,000 clients 100% the leading investment company in Kazakhstan The company manages 14 mutual investment funds with $86m of assets under management 100% The first private mortgage company in Kazakhstan The company has a 7.5% share in all of the mortgage market and 37.5% of all lending by mortgage companies 99% provide a full range of insurance services, listed on the Kazakh Stock Exchange (KASE) 45% The Company activity focuses on SME leasing in construction, services, agricultural and transportation sectors, on the September 30, its leasing portfolio amounted to $51.0 m 55% Wide range of financial services, including corporate banking, retail banking, mortgage, auto finance, leasing 46% Dynamically developing company, one of the the leading leasing company in Kazakhstan Source: Bank Data

9. Kazakhstan – BTA Bank (100%), Temirbank (55.3%) Assets-27 030 $mln №1 by assets &equity, 41 branches, 402 retail units Kyrgyzstan – BTA Bank (71%) Assets-166 $mln №2by assets &equity, 14 branches & 57 retail units Russia – BTA Bank (22.26%) BTA Kazan (47.3%), Omsk Bank (18.4%) Assets-1 940 $mln №31by equity,32 branches & 25 retail units Georgia – BTA Bank (49.0%) Assets-101 $mln №10by assets & equity,6 branches Ukraine – BTA Bank (49.99%) Assets- 593 $mln №42by assets, № 65 by capital, 29 branches Belarus – BTA Bank (99.29%) Assets- 130 $mln №15by assets, № 21 by capital, 9 branches Armenia – BTA Invest Bank (48.9%) Assets- 40 $mln № 15 by assets, №12by equity,5 branches Turkey – Sekerbank (33.9%) Assets- 6 387 $mln №11by assets & equity, 250 branches BTA’s positions abroad Plans 2009-2010 Rep. office in Tokyo Rep. office in Seoul Bank in Shanghai Source: Bank Data for December 31, 2008

10. BTA interaction with Global Financial Markets BTA Market Share in Trade Finance • BTA maintains relations with more than 700 institutions worldwide; • Wide geographical coverage; • BTA continues to be the leader in Trade Finance with the market share of 43%; • More than 200 deals with participation of ECAs and EXIM Banks; • Volume of deals with ECA and EXIM Banks coverage is 856 331 993.78 US dollars. BTA Bank Structured and Trade Finance Portfolio

11. Government support for Kazakhstan’s economy • National Bank of the Republic of Kazakhstan (NBRK) lowered minimum reserve requirements effective March 3, 2009 (from 3% on foreign obligations and 2% on domestic to 2.5% and 1.5% respectively). Reserve requirements • Lowering of refinancing rate by NBRK from 10% to 9.5% effective February 5. Refinancing rate • Increasing of deposit insurance cap from KZT 700,000 to KZT 5 million. Deposit Insurance Stabilisation Programme A total of US$21 billion in various economic stimulus packages will be made available by the government: • US$10 billion from the National Fund; • US$5 billion from the National Bank for the maintenance of bank liquidity; • about US$5 billion from pension funds; • US$1 billion from the Distressed Asset Fund. • US$21 billion represents about 20% of Kazakhstan’s GDP. On January 13, 2008, the government adopted the Joint Action Plan by Government, NBRK and FSA to support the economy and financial system: • Financial sector – USD 4bln • Real estate and mortgages- USD 3 bln • SMEs – USD 1 bln • Agro-industrial sector – USD 1 bln • Breakthrough innovative infrastructure and industrial projects – USD 1 bln

12. PURPOSE AMOUNT To support, with BTA help, economic growth andsupply of credit in the economy NEW APPOINTMENTS Recapitalization of BTA Bank • Total: KZT 251billion (US$ 2 billion). • Funds received by the Bank: KZT 212 billion (US$ 1.7 billion) • Funds to be received: KZT 39 billion (US$ 263 million) • Number of shares issued: 29,915,425 (common shares) • Governments share in equity after completion of recapitalization: 78.14% • Mr. Arman Dunayev ( Deputy Chairman of Samruk-Kazyna )appointed as the Chairman of Board of Directors • Mr. Anvar Saydenov (former Chairman of National Bank) appointed as the Chairman of the Management Board • Mr. Saduakas Mameshtegi (formerly chairman of the board of directors of JSC Astana Finance) and Mr. Seitkali Rakhimov (Representative of National Welfare Fund Samruk-Kazyna) – appointed as members of the Management Board

13. Key Awards and Recognitions BTA Bank won numerous awards in 2007-2008: Best Bank of 2008 (Global Finance magazine) Best Islamic Financial Institutions of 2008 (Global Finance magazine) «Best Bank in Trade Finance in Kazakhstan 2007» (Global Finance magazine) «Transaction of the Year» (Trade Finance Magazine, UK) «Best Transaction of the Year» (Global Trade Review Magazine, UK) «Best Emerging Markets Borrower» (Euromoney, UK) «Bank of the Year in the CIS 2007» (Itogi, Russia) «Perfect Bank» (National Consumer League, Kazakhstan) «Best Bank in the Central Asia region in 2007» (Euromoney, UK) «Best Managed Company 2007» (Euromoney, UK) Featured among the world’s best 1000 banks (ranked 295th), named «Breakthrough of the Year» (ranked 3rd) by The Banker magazine «Best enterprise in Europe 2007» (EBA, UK) «RMBS deal of the year Europe» (International Securitization Report, Thomson)* «Best Deal of the Year» (Islamic Finance News) In 2008, featured among the world’s best 200 banks (ranked 173rd) by The Banker magazine *BTA Ipoteka Page13