CORRECTION: Dynamics of conditional pension unit of Kazakhstani APF since beginning of their activities till February 1 2002

/IRBIS, March 6, 02/ - IRBIS information agency of financial markets (Almaty) continues publication of information provided by the Accumulative Pension Funds Regulation Committee of the Ministry of Labor and Social Protection of Kazakhstan (Committee). This time the Committee corrected the data presented to IRBIS previously on condition pension unit (CPU) of accumulative pension funds' (APF) assets as of February 1, 2002 for OTAN OPAPF CJSC and NefteGas-Dem PAPF CJSC. It required IRBIS to make corrections into the tables of CPU analyses, which were published by the agency on February 20, 2002. CPU values as of February 1, 2002 and dynamics of this indicator in % APR for different periods of the funds' lives (trends are given in % against corresponding data of January 1, 2002) ------------------------------------------------------------------------------- CPU change in % APR --------------------------------------------------- Data of Meaning from the beginning of: during last: Title activity of CPU on ------------------------ -------------------------- of fund start Feb 1.02 activity 2000 2001 6 months 3 months 1 month ------- --------- --------- -------- ------- ------- -------- -------- -------- SAPF Jan 15.98 234.9741 33.33 16.67 15.29 17.28 13.75 12.79 (+1.09) (-0.23) (+0.10) (-0.30) (+1.81) (-33.80) (-32.71) ------- --------- --------- -------- ------- ------- -------- -------- -------- HBK Feb 24.98 264.7946 41.83 17.45 14.83 13.82 14.64 13.62 (+1.16) (-0.32) (+0.22) (+0.46) (+4.90) (+0.60) (-25.95) ------- --------- --------- -------- ------- ------- -------- -------- -------- VTF Mar 20.98 253.5236 39.63 18.48 14.64 14.49 16.99 12.60 (+1.07) (-0.45) (-0.27) (-0.11) (+0.98) (-1.89) (-43.66) ------- --------- --------- -------- ------- ------- -------- -------- -------- HPF Mar 22.98 271.3859 44.30 18.68 16.16 15.12 17.95 17.71 (+1.50) (+0.15) (+1.28) (+2.34) (+10.30) (+12.11) (-21.13) ------- --------- --------- -------- ------- ------- -------- -------- -------- Kunaev Mar 24.98 237.1085 35.49 18.62 14.98 13.26 14.80 16.81 (+1.43) (+0.24) (+1.01) (+2.49) (+4.84) (+15.45) (+10.97) ------- --------- --------- -------- ------- ------- -------- -------- -------- Kazmys Apr 19.98 273.4096 45.73 18.57 15.66 15.09 17.49 21.88 (+1.86) (+0.66) (+2.63) (+5.41) (+12.63) (+30.83) (+17.57) ------- --------- --------- -------- ------- ------- -------- -------- -------- UlUm Apr 20.98 265.7788 43.75 17.16 14.65 15.16 15.79 15.94 (+1.35) (-0.10) (+1.05) (+2.12) (+3.74) (+11.91) (-18.19) ------- --------- --------- -------- ------- ------- -------- -------- -------- Kaz-n Apr 28.98 253.9869 40.88 18.16 16.16 14.67 16.54 13.72 (+1.17) (-0.36) (+0.13) (-0.12) (+4.98) (+8.42) (-31.12) ------- --------- --------- -------- ------- ------- -------- -------- -------- NGD Jun 07.98 258.8880 43.44 18.10 16.38 14.45 16.25 0.04 (+1.37) (-0.12) (+0.90) (+1.24) (+7.34) (+12.49) (-99.90) ------- --------- --------- -------- ------- ------- -------- -------- -------- Kurmet Jan 01.99 214.5186 37.09 17.59 16.46 15.25 16.79 14.72 (+1.25) (-0.45) (+0.55) (+0.35) (+5.56) (+8.30) (-23.45) ------- --------- --------- -------- ------- ------- -------- -------- -------- ААКMG Mar 03.99 184.1924 28.83 16.69 15.09 14.42 15.51 15.05 (+1.28) (-0.15) (+0.86) (+1.26) (+5.62) (+7.93) (-23.99) ------- --------- --------- -------- ------- ------- -------- -------- -------- SENIM Jul 20.99 143.1802 17.00 17.68 15.29 14.87 18.38 13.70 (+1.16) (+0.49) (+0.21) (+0.28) (-1.45) (+33.20) (-24.31) ------- --------- --------- -------- ------- ------- -------- -------- -------- Korgau Dec 01.99 134.6993 15.97 16.51 16.83 17.66 19.52 28.18 (+2.39) (+5.68) (+5.56) (+8.61) (+17.05) (+43.63) (+49.96) ------- --------- --------- -------- ------- ------- -------- -------- -------- PMK Jul 04.01 107.8307 9.53 13.77 14.24 (+1.21) (+7.32) (+14.21) (-21.50) ------- --------- --------- -------- ------- ------- -------- -------- -------- Otan Nov 26.01 101.1920 6.49 - 7.04 (+0.60) (+8.46) - (+74.12) ------------------------------------------------------------------------------- CPU dynamics (% APR) on a monthly basis for the last complete 12 months (funds sorted alphabetically) ------------------------------------------------------------------------------------- 2001 ----------------------------------------------------------------- Jan Fund Feb March April May June July Aug Sept Oct Nov Dec 2002 Avrg ------- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ААКMG 11.68 13.46 11.48 18.50 14.14 10.75 11.04 15.38 11.75 10.97 19.80 15.05 13.67 VTF 6.44 17.34 12.24 19.14 11.57 11.82 9.86 10.77 13.54 15.28 22.36 12.60 13.58 SPAF 13.62 10.14 10.19 12.97 13.19 11.10 13.16 12.92 33.15 8.84 19.01 12.79 15.52 Kazmys 12.80 13.92 14.11 13.30 16.82 12.37 14.24 11.90 9.95 11.05 18.61 21.88 14.25 Kaz-n 27.55 12.25 15.96 13.78 18.38 9.83 13.29 13.21 10.02 15.29 19.92 13.72 15.27 Korgau 16.01 18.16 9.99 12.37 12.33 13.82 22.24 11.31 11.01 10.43 18.79 28.18 15.39 Kunaev 12.14 11.94 15.44 15.98 16.00 13.35 10.51 12.01 11.06 11.81 15.15 16.81 13.52 Kurmet 30.02 15.11 13.61 12.61 16.87 10.23 14.02 14.04 11.01 15.72 19.23 14.72 15.60 HBK 16.75 14.83 9.28 11.55 10.85 10.00 11.76 12.07 13.36 11.30 18.39 13.62 12.81 NGD 47.84 9.91 10.07 11.68 11.39 10.59 10.76 14.48 10.92 11.35 36.86 0.04 15.49 PAF 11.61 12.90 10.29 28.84 17.58 9.81 10.93 11.88 12.12 12.75 22.45 17.71 14.91 Otan - - - - - - - - - - 6.57 7.04 6.81 SENIM 16.04 10.93 10.37 15.89 14.70 14.93 19.93 11.90 0.56 22.66 18.10 13.70 14.14 UlUm 13.22 12.52 14.13 12.66 7.44 12.89 18.44 11.88 11.08 11.19 19.49 15.94 13.41 Umit 20.53 13.64 24.75 11.38 11.31 10.10 10.53 - - - - - 14.61 PMK - - - 3.12 8.64 7.74 8.03 9.90 9.26 8.33 18.14 14.24 9.71 ------- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- Average 18.30 13.36 13.00 14.25 13.41 11.29 13.25 12.40 12.06 12.64 19.52 14.54 13.67 ------------------------------------------------------------------------------------- For simplicity, following abbreviations have been used in the table: Umit - APF Umit CJSC; VTF - PAPF Valut-tranzit fund CJSC; Kunaev - PAPFOT after Kunaev CJSC; HPF - OAPF Halyk Pension Fund CJSC; Kaz-n - PAPF Kazakhstan CJSC; HBK - APF Halyk Bank of Kazakhstan; Kazmys - APF Kazakhmys CJSC; UlUm - up to Oct 10,01 OAPF Ular CJSC, on October 1 - OAPF UlarUmit CJSC; NGD - PAPF NefteGas-Dem; Kurmet - POAPF Kurmet; AAKMG - APF ABN AMRO - KaspiiMunaiGas CJSC; SENIM - OAPF SENIM CJSC; Korgau - APF Korgau CJSC; PMK - KAPF Philip Morris Kazakhstan CJSC; Otan - OAPF OTAN CJSC; SAPF - State Accumulative Pension Fund CJSC; "-" - the data is absent because of no fund activity or fund liquidation and also due to that fund worked during non-full month.