/KASE, Aug.23, 00/ - TNC Kazchrome OJSC (Almaty, official list of securities, category "B") provided Kazakhstan stock exchange (KASE) with financial statements of the companies it incorporates - Aksuskii zavod ferrosplavov and joint stock companies Donskoi GOK and Ferrochrome, for the I quarter of 2000.

Based on presented documents, major financial ratios of the companies that are part of TNC Kazchrome in the I quarter of 2000 look as follows (in th. KZT): As of July 1 '99 As of July 1 '00 Change, % Aksuskii zavod ferrosplavov

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Authorized capital                          -                 -          -
Shareholders' equity                7,794,433        13,857,239      +77.8
Total assets                       14,622,147        17,905,549      +22.5
Net working capital                   861,825         5,601,728     +550.0
Accounts receivable                 5,519,051         5,909,739       +7.1
Accounts payable                    2,795,746         3,834,888      +37.2
Sales                               9,283,308        15,963,374      +72.0
Cost of goods sold                  7,069,179         9,960,050      +40.9
Net income (loss)                   5,867,707         3,023,041      -48.5
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Donskoi GOK JSC                                                           
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Authorized capital                     55,844            55,844          0
Shareholders' equity               10,470,882        12,171,522      +16.2
Total assets                       13,327,460        15,305,824      +14.8
Net working capital                   535,845           935,756      +74.6
Accounts receivable                 1,606,004         1,920,866      +19.6
Accounts payable                    1,723,245         2,205,464      +28.0
Sales                               2,626,293         4,698,612      +78.9
Cost of goods sold                  1,642,174         2,645,121      +61.1
Net income (loss)                     420,580           557,698      +32.6
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Ferrochrome JSC                                                           
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Authorized capital                      7,654             7,654          0
Shareholders' equity                1,275,308         2,855,242     +123.9
Total assets                        5,498,593         8,291,357      +50.8
Net working capital          -584,578                -1,603,214     -174.3
Accounts receivable                 2,557,826         2,313,211       -9.6
Accounts payable                    2,334,466         5,136,115     +120.0
Sales                               3,558,504         6,222,465      +74.9
Cost of goods sold                  2,855,060         4,527,544      +58.6
Net income (loss)                   1,141,091           488,550      -57.2
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Aksuskii zavod ferrosplavov produces ferrochromium, ferrosilicon, ferrosilicochromium, ferrosilicomanganese, ferromanganese. The plant works from January 1968 and the biggest producer of ferroalloys in the world.

Ferrochrome JSC produces ferrochromium (with high-, middle- and low carbon consistence), ferrosilicochromium.

Donskoi GOK extracts and enriches chromium ore for Ferrochromium JSC and Aksuskii zavod.