Listing Commission on June 24 accepted action plan for removal of reasons for transfer of bonds KZ2C0Y05C788, KZ2C00001493 (ALTMb1) of Almatytemir into buffer category of KASE official list

/KASE, June 27, 11/ - Following a decision Kazakhstan Stock Exchange (KASE) Listing Commission of June 24, 2011, a plan of measures for removal of reasons for transfer of bonds KZ2C0Y05C788, KZ2C00001493 (KASE official list, second sub-category of Non-Rated Debt Securities category, ALTMb1; KZT1, KZT2.0 bn, November 1, 2007 - November 1, 2012; semi-annual coupon 12.00 % APR; 30/360) of Almatytemir (Almaty) into the buffer category of KASE official list has been adopted. In KASE's conclusion of June 15, 2011 it is said that Almatytemir on May 6, 2011 notified KASE with a letter dated May 6, 2011 of the fact of defaulting on payment of the interest due for the seventh coupon period (from November 1, 2010 to May 1, 2011) on the said bonds. According to item 13-5 of the Appendix # 04.2-09/119 of May 8, 2008 to the Order of the Chairman of the Agency of the Republic of Kazakhstan on Regulation of Activities of the Regional Financial Center of Almaty "On Establishment of Requirements for Issuers, whose Securities are Admissible or Admitted to the Official list of the Special Trading Floor of the Regional Financial Center of Almaty, and for such Securities", Almatytemir provided to KASE on June 3, 2011 a plan of measures for removal of reasons for transfer of its securities into the buffer category of KASE official list. In accordance with item 13-7 of the mentioned Appendix, the issue of approval of the above-mentioned Listing Commission's decision has been considered at a meeting of KASE Board of Directors. [2011-06-27]