From February 8 euronotes of international financial Corporation (IFC) are admitted to the trades at the KASE

/IRBIS, Feb 8, 01/ - By the decision of the Board of the Kazakhstan Stock Exchange (KASE), dated Feb 8, 2001, and on the basis of a letter from "Central Depository of Securities" CJSC (CD, Almaty), non-subordinated euronotes of International Financial Corporation (IFC) were admitted to circulation in the IFO (international financial organization) bonds sector. The emission number is XS0110024550. Accuracy of quotations in the KASSE trade system is 4 decimal points. The quotations of the bonds will be put on at the KASE at clean price (excluding accumulated interest), expressed in percents of the face value. During the trades the yields to maturity of the bonds will be calculated by the trade system on a semiannual basis. By the same decision of the Board of the KASE, and based on the application of the State Accumulative Pension Fund (SAPF, Almaty), the SAPF was assigned a status of a market-maker of the IFC bonds at the KASE. Following is the specification of the bonds: ------------------------------------------------------------------------------ Type of the securities: international bonds - non-subordinated euronotes International identification number: XS0110024550 RIC REUTERS: XS011002455 KASE trade code: IFC_U060405 Issue currency: U.S. dollar Issue volume, USD: 1,000,000 Circulation beginning date (issue date): April 6, 00 Floatation term: March 29, 00 - April 6, 00 Circulation term: 5 years Maturity date: April 6, 05 Interest rate: 7.125% APR Coupon payment dates: October 6 and April 06 Calculation base for coupons: 360/30 Initial offering discount: 99.7100% of face value Yield at floatation (PA / SA): 6.4517% APR / 6.3509% APR Current market return, REUTERS: 5.560 -5.650 / 5.537 -5.620 KASE settlements: in tenge at the rate of the Exchange Minimum lot size at the KASE: $10,000 at face value ---------------------------------------- ------------------------------------ The data on the structure of the bonds were presented by the CDS based on the information of the BLOOMBERG agency. The initial offering yield estimated by IRBIS from offering price using methodology accepted on KASE. Current bids on the world market are given by Bayer Verein (London) and Deutsche Bank (London) at 16:07PM AST on Feb 8, 01 presented in the REUTERS information system.