On October 10 Holding Group ALMEX JSC offered 800.0 m. KZ2C0Y05C168 (ALMXb1) issue bonds on KASE under 8.00% APR

/KASE, October 10, 06/ - On October 10, 2006 the specialized trades on re- offering of KZ2C0Y05C168 issue bonds of Holding Group ALMEX JSC (Almaty) (KASE's official securities list of "A" category, ALMXb1; KZT1, KZT8.0 bn.; August 22, 06 - August 22, 11; annual coupon, 8.00% APR; 30/360) in Kazakhstan stock exchange's (KASE) trade system took place. The issuer was planning to offer 800.0 m. bonds of the issue (10.0% of the registered issue volume) at the trades. The subject of trading was net price of bonds (without accumulated interest), expressed in percentage from face value of the security to the fourth figure after comma. Bids for participation in offering were submitted by close method from 11:30 a.m till 13:00 p.m. (ALT). Only limited market bids were accepted on the trades. Method of bids satisfaction for purchase - at claimed price. Scheme of computations - T+0. 2 members of KASE, who had submitted 2 limited bids for purchase of 1,300,000,000 bonds, took part in trades. To the moment of bids submitting period expiration, all orders were active. Thus, demand at trades made 162.5% from the announced volume for the offering. Net price in submitted bids equaled to 96.1544% (9.00%) and 99.9648% (8.00%), and totaled in average weighted expression 98.4993% (8.38% APR to maturity for purchaser). In total volume of demand 61.5% was controlled by bids of the pension fund, 38.5% - by the bid of second tier bank. By results of the trade the issuer had set the cut off price at the level of 99.9648%, which corresponds to yield of bonds to maturity for purchaser at the size of 8.00% APR, and had satisfied in the whole volume the bid of pension fund for purchasing of 800,000,000 bonds to the total of KZT808,251,733.33, offering the whole planned volume of bonds. [2006-10-10]