The only shareholder of Kazakhstan Mortgage Company JSC (Kazakhstan) approved its financial statement for 2004

/KASE, October 21, 05/ - Kazakhstan Mortgage Company JSC (Almaty, hereinafter - company), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, has presented to KASE the copy of extract from order of State property and privatization committee of Finance ministry of the Republic of Kazakhstan (Astana) dated March 29, 2005 #104. This order is decision of the company's sole shareholder and to be given effect from the day of its signing (the company's sole shareholder is Finance ministry of the Republic of Kazakhstan represented by State property and privatization committee). According to submitted document the company's sole shareholder approved its annual financial statement for 2004 with balance's currency in KZT29,392,969.9. Primary activities - loan operations (giving credits in monetary form on the terms of paying off, urgency and giving back), factoring operations (purchasing of rights of payment requirement from consumer of goods (works, services) with assumption of the risk of non-payment) on the basis of license of the National Bank of the Republic of Kazakhstan dated April 27, 2004 #28 and other operations according to the company's charter. [2005-10-21]