Listing Commission on August 17 accepted the plan on removal of basis for transfer of bonds KZ2C0Y05C135 (MAG_b1) of MAG to the KASE official list buffer category

/KASE, August 17, 10/ - By Kazakhstan Stock Exchange (KASE) Listing Commission decision of August 17, 2010 was accepted the plan on removal of basis for transfer to the KASE official list buffer category of bonds KZ2C0Y05C135 (MAG_b1; KZT1,000, KZT3,250.0 m, August 22, 06 - August 5, 11; the annual coupon 12.00 % APR; 30/360) of MAG (Almaty). In the KASE conclusion of August 6, 2010 it is emphasized that based on results of MAG check up for compliance with the listing requirements, set forth by Appendix to Order of Chairman of the Agency of the Republic of Kazakhstan on Regulation of Activities of the Regional Financial Center of Almaty "On requirements for issuers, whose securities admissible or admitted to the official list of Special Trading Floor of the Regional Financial Center of Almaty, and for such securities" of May 8, 2008 # 04.2-09/119 for the official list Non-rated Debt Securities second subcategory, was detected incompliance of MAG with the requirement for the equity capital size to the authorized capital. According to the consolidated financial statements for 2009 approved by the auditors' report as of December 31, 2009 its equity capital (KZT912.1 m) was less than the authorized capital (KZT3.3 bn) by KZT2.4 bn, that does not comply with the listing requirement, set forth by sub-item 5) of item 11 of the Appendix. In compliance with item 13-5 of the Appendix, MAG provided to KASE on August 3, 2010 the plan of removal of basis for transfer of its securities to the KASE official list buffer category. in compliance with item 13-7 of the Appendix the mentioned Listing Commission decision shall be considered at the KASE Board of Directors meeting. [2010-08-17]