KASE fined KIB ASSET MANAGEMENT JSC for non-execution of market-maker's obligations on deal with common shares of Bank CenterCredit JSC

/KASE, February 22, 06/ - By the decision of Kazakhstan stock exchange's (KASE) Council dated February 22, 2006 the stock exchange imposed a fine upon KIB ASSET MANAGEMENT JSC (Almaty) in 200 monthly settlement indexes. Such decision was taken according to sub point 2-2) of point 21 of KASE internal document Rules of market-maker's activity in connection with non- execution of obligations by KIB ASSET MANAGEMENT JSC on February 9, 2006 on deal with common shares KZ1C36280010 АО of Bank CenterCredit JSC (Almaty), trading in KASE's official "A" listing category under CCBN code. The above deal was concluded on the basis of compulsory quotation of KIB ASSET MANAGEMENT JSC, which is market-maker on these shares. [2006-02-22]