BMB
MUNAI, INC. TO EXIT
ACCELERATED
FILER STATUS
SALT LAKE CITY, UT – June 14, 2010
- - BMB Munai, Inc. (NYSE Amex: KAZ) today announced that, in
accordance with Rule 12b-2 of the rules and regulations promulgated
under the Securities Exchange Act of 1934, as amended, the Company has become
eligible to exit accelerated filer status. Beginning with its Annual
Report on Form 10-K for the fiscal year ended March 31, 2010 (“Annual Report”),
the Company intends to begin filing its periodic reports in accordance with the
timing guidelines established by the U.S. Securities and Exchange
Commission (“SEC”) for non-accelerated filers. Accordingly, the
Company currently anticipates its Annual Report will be filed with the SEC on or
before June 29, 2010.
NYSE Amex has neither approved nor
disapproved of the contents of this press release.
Contacts:
In the
US: Adam R. Cook, Corporate Secretary
(801)
355-2227, E-mail: USoffice@bmbmunai.com
In
Kazakhstan: Daniyar Uteulin, Vice President for Investor Relations
+7 (7272)
375-125, E-mail: KZoffice@bmbmunai.com
The
information contained in this release includes forward -looking statements that
are subject to risks and uncertainties that could cause actual results to differ
materially. Certain statements contained herein constitute forward -looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. Such forward -looking statements involve known and unknown risks,
uncertainties and other factors, which may cause the actual performance or
achievements of the Company to be materially different from those expressed or
implied. Forward -looking statements involve risks and uncertainties, including
but not limited to, risks described in the Company's periodic reports on file
with the Securities and Exchange Commission.