Exhibit 17.01 Attn: BMB Munai Inc. Board of Directors - ---------------------------------------- Dear Colleagues, Friends, Owing to the fact that I have to devote most of my time to the matters relating to Bank CenterCredit development, social and political life of our country, building-up of new projects, I regretfully inform you of my decision to secede from BMB Munai Inc. Board of Directors' membership. Being one of the company founders I have made my contribution according to my strength and possibilities for the company to make progress from the very outset till present day. I believe we have made a good progress and today BMB is in good position. And I am sure thanks to your efficient guidance company's further growth would produce results to the benefit of all of us. I would like to express my appreciation for our cooperation and joint work during those last years. I was very glad to work with all of you as a colleague in the BMB Munai Inc. Board of Directors and I hope that our partnership and friendship will continue in the future. Yours sincerely, Bakhytbek Bayseitov