Schedule of events at corporate debt market of Kazakhstan from May 31 to June 6 of 2004

/IRBIS, Yelena Korpusenko, May 28, 04/ - In the period from May 31 till June 6 of 2004 at Kazakhstan exchange market of corporate debt the following events will be held. May 31 date used by special purpose vehicle TuranAlem Finance B.V. (Rotterdam, the Netherlands) for calculation of a fourth coupon on euronotes of the second issue (XS0148572901; official "А" category listing of KASE, BTASe2; $100.0 m; May 29, 02 - May 29, 07, semi annual coupon of 10.0% APR) fully guaranteed by Bank TuranAlem JSC (Almaty). According to TuranAlem Securities JSC on May 28 coupon on the whole volume of bonds has been paid. From 31 to June 4 Eurasian Bank JSC pays first coupon to holders of its first issue bonds (KZ2CKY05A911; official "A" listing , EUBNb1; KZT1, KZT1,500.0 m; Nov 25, 03 - Nov 25, 08, semi annual floating coupon of 7.0% for the current period). If all bonds are found outstanding, payment will total KZT52.2 m. On May 31 register of holders of bonds by ATFBank JSC (Almaty) of the third issue (KZ2CKY05A978, KASE's official "A" listing category, ATFBb3; KZT1; KZT4,500.0 m.; Dec 12, 03 - Dec 1, 08; semi-annual floating coupon with 8.5% APR for the current period) is fixed. On May 31 - June 1 of 2004 the bonds will be quoted at Kazakhstan stock exchange (KASE) without accumulated interest. On June 1- 21 ATFBank JSC will be paying first coupon to the holders of bonds of the third issue. If all bonds are found outstanding, payments will total KZT191.3 m. June 1 Kazkommertsbank JSC (Almaty) pays third coupon to the holders of tenge devaluation protected subordinated domestic bonds of the second issue (KZ2CKY07A693, KASE's official "A" listing category, KKGBb2, KZT150,000, KZT7,500.0 m; Dec 1, 02 - Dec 1, 09, semi-annual coupon of 8.0% APR). ). If all bonds are found in circulation, payment will total tenge equivalent of USD1,934.7 th at current exchange rate effective. June 2 date used by special purpose vehicle TuranAlem Finance B.V. (Rotterdam, the Netherlands) for calculation of a second coupon on euronotes of the third issue (XS0168848801; official "А" category listing of KASE, BTASe3; $225.0 m; June 2, 03 - June 2, 10, semi annual coupon of 7.8750% APR) fully guaranteed by Bank TuranAlem JSC (Almaty). According to TuranAlem Securities JSC on May 28 coupon on the whole volume of bonds has been paid in advance. June 4 register of holders of discount bonds by YASSY JSC (Souther Kazakhstan oblast, Turkestan) of the first issue (KZ2CKY01A787, KASE's official "A" listing category, YASYb1; KZT10,000; KZT550.0 m.; July 4, 03 - July 4, 04) is fixed. Register will be fixed for redemption of securities. Beginning on June 4 bonds are withdrawn from circulation at secondary market. June 4 register of holders of subordinated bonds by TexaKaBank JSC (Almaty) of the second issue (KZ2CKY07A792, KASE's official "A" listing category, TXBNb2; KZT3,000.0 m; Jul 4, 03 - Jul 4, 10; semi-annual floating coupon with 11.00% APR for the current period) is fixed. Register is fixed for the second coupon payment. From June 4 to July 2 of 2004 the bonds will be quoted at Kazakhstan stock exchange (KASE) without accumulated interest. June 4 register of holders of tenge devaluation protected bonds by ATFBank JSC (Almaty) of the second issue (KZ2CUY05A441, KASE's official "A" listing category, ATFBb2; $100; $10.0 m, Jan 4, 07 - Jan 4, 07; semi-annual coupon with 9.00% APR) is fixed. Register is fixed for the fifth coupon payment. From June 4 to July 2 of 2004 the bonds will be quoted at Kazakhstan stock exchange (KASE) without accumulated interest June 5 register of holders of tenge devaluation protected subordinated bonds by BANK CASPIAN JSC (Almaty) of the third issue (KZ2CKY07В014, KASE's official "A" listing category, CSBNb3; KZT20,000; KZT7,500.0 m, Dec 6, 03 - Dec 6, 10; semi-annual coupon with 8.75% APR) is fixed. Register is fixed for the first coupon payment. June 6 date used by Bank Caspian JSC for calculation of a first coupon on bonds of the third issue. If all bonds are found in circulation, the payment will total KZT328.1 m (investor's revenue is protected against tenge appreciation versus dollar). According to issue terms, coupon must be paid no later than June 7. [2004-05-28]