Since October 12 trades in KZPC1Y05B665 (MREKb2) issue bonds of Mangistau Electricity Distribution Company JSC (Kazakhstan) are opened on KASE

11.10.05 20:30
/KASE, October 11, 05/ - By the decision of Kazakhstan stock exchange's (KASE) Board since October 12. 2005 trades in KZPC1Y05B665 issue bonds of Mangistau Electricity Distribution Company JSC (Aktau) (MREKb2; KZT1, KZT500.0 m.; August 22, 05 - August 22, 10, semiannual coupon 13.0% APR, the first circulation year coupon is annual; 30/360) are opened in KASE's secondary market sector. This is the first issue in the frame of the first bond program of Mangistau Electricity Distribution Company JSC, registered by the Agency of the Republic of Kazakhstan for regulation and supervision of financial market and financial organizations on July 27, 2005 for total amount KZT9,864.5 m. under B66 number, and the company's second bond issue, which passed listing procedure at KASE. Quotation accuracy of MREKb2 in KASE trade system is four decimal points of net bonds price expressed in percents of face value. Functions of market- maker on these bonds will execute Financial company Alliance Capital JSC (Almaty). Minimal volume of obligatory quotations for the market maker is fixed at 1,900,000 bonds. The above bonds were included in "A" listing category of KASE since August 22, 2005. Detailed information about these securities is published at web site of KASE at http://www.kase.kz/emitters/mrek.asp [2005-10-11]