/IRBIS, Sergey Yakovlev, April 6, 06/ - Following is the characteristics
of KZ2CKY05B844 issue bonds of DANABANK JSC (Pavlodar), which is given
in accordance with their inclusion in Kazakhstan stock exchange's (KASE)
official "B" listing category.
Data is given in accordance with conclusion of KASE's Listing commission
and Specification of the bond issue.
---------------------------------------------------------------------------
Type of securities: bonds with floating coupon rate
Debt type: unsecured insubordinate
Issue and servicing currency: Kazakhstan tenge (KZT)
Issue number in state register: B84
Issue registration date: 27.12.05
National identification number: KZ2CKY05B844
Bondholders' register maintained by: FONDOVYI TSENTR JSC (Almaty)
-------------------------------------- ------------------------------------
Bond's face value: KZT1
Issue volume in issue currency: 3,000,000,000
Issue volume in securities: 3,000,000,000
Circulation start date: April 7, 06
Circulation term: 5 years
Offering term: during the whole circulation period
Register fixation date at maturity: April 6, 11
Maturity date: April 7, 11
-------------------------------------- ------------------------------------
Coupon rate: 10.0% APR for the first coupon
period, afterwards - floating,
depending on inflation rate in
Kazakhstan
Register fixation dates for coupons
payment: October 6 and April 6 annually
Coupons payment dates: October 7 and April 7 annually
Times basis at all settlements: 30/360, European method
-------------------------------------- ------------------------------------
Date of admittance in trade lists
of KASE: April 6, 06
Symbol on KASE: DNBNb2
Date of first trades: will be determined later
Quoting system on KASE: in net prices, % from the face value
Accuracy of price changing in quoting: 4 decimal figures
Market-maker on KASE: absent
-------------------------------------- ------------------------------------
Credit ratings of the issue: absent as of April 6, 06
Issuer's credit ratings: absent as of April 6, 06
---------------------------------------------------------------------------
The interest rate for the first coupon period is 10.0% APR from bond's face
value. From the second coupon period the rate is floating, depends on
inflation rate, and is revised every six months by the formula:
I + M, where
I - inflation rate calculated as change of consumer price index (index value
minus 100%) for the last 12 months, published by Kazakhstan Statistics
Agency, for the month preceding to one calendar month before coupon
period start date.
М - fixed margin at the rate of 2.5% APR.
The upper limit of the rate is 11.0% APR, the lower - 6.0% APR.
The prescheduled (full or partial) redemption on this issue bonds is not
provided.
Detailed information about the securities will soon be available on KASE's
web-site at
http://www.kase.kz/emitters/dnbn.asp
[2006-04-06]