ON DECEMBER 26 SPECIALIZED TRADES ON OFFERING OF KZPC2Y12B547 (KZIKB12) BONDS OF KAZAKHSTAN MORTGAGE COMPANY JSC WILL BE HELD ON KASE

23.12.05 21:26
/KASE, December 23, 05/ - Kazakhstan stock exchange (KASE) informs that on December 26, 2005 specialized trades on offering of KZPC2Y12B547 issue mortgage bonds of Kazakhstan Mortgage Company JSC (Almaty) (KASE's official "A" listing category, KZIKB12, KZT1, KZT5.0 bn.; April 10, 05 - April 10, 17, semiannual coupon indexed at inflation rate, 30/360) will be held in KASE's trade system. These is the second securities issue within the company's second bond program, registered by the Agency of the Republic of Kazakhstan for regulation and supervision of financial market and financial organizations on March 30, 2005 for the amount KZT20.0 bn., and the twelfth issue of the company's bonds, which passed listing procedure at KASE. The issuer plans to offer in the trades 250.0 m. bond, this is 5% from registered volume of issue. The specialized trades will be held in KASE's trade system from 11:30 a.m. till 1:00 p.m. of Almaty time (ALT). Security's symbol at the trades is KZIKB12A. The issuer will determine cutting off before 15:00 ALT on trades holding day. Bonds purchaser is obliged to transfer money for purchased securities to stock exchange's correspondent account before 1:00 p.m. of ALT on December 27, 2005 (T+1). Only limited bids are accepted to the trades. Method of submission - open. Fixed margin, expressed with the accuracy of four decimal figures is to be shown in bid as the price. Precisely this parameter is the subject of the trade. Number of financial instruments in the bid should equal to total nominal value of securities in Kazakhstan tenge, divisible to nominal value of one security. Method of satisfying bids - at cut price. The issuer will satisfy bids, where margin is lower or equal to cut-off margin. In the latter case bids submitted to KASE's trade system earlier will be preferred. Step in determination of cut-off margin - one ten thousandth of margin's value. Bids can be submitted only by KASE's members of "Р" category (the right to participate in trades in corporate securities included in the exchange's official list). Investors may submit their bids through these legal entities. Full list of KASE's members of "Р" category is published on the exchange's web-site at http://www.kase.kz/kasemembers/. [2005-12-23]