Interest rate on the KZPC1Y10B659 (CCBNb8) issue bonds of Bank CenterCredit JSC (Kazakhstan) for the second year of circulation - 10.70% APR

/KASE, August 8, 06/ - Bank CenterCredit JSC (Almaty) has informed Kazakhstan stock exchange (KASE) by the official letter that interest rate on the bank's KZPC1Y10B659 issue subordinated bonds (KASE's official "A" listing category, CCBNb8; KZT1,000, KZT2.0 bn.; August 16, 05 - August 16, 15, semi-annual coupon, indexed on inflation rate) for coupon payment for the second year of circulation has been set at 10.70% APR. The message says the rate has been set in accordance with the data of Kazakhstan Statistics Agency, in accordance with which consumer price index (inflation rate) since July of 2006 to July of 2005 equaled to 8.70% plus fixed merge 2.00%. In the current coupon period interest rate on these bonds of bank is 8.50% APR. [2006-08-08]