/IRBIS, Natalya Khoroshevskaya, March 23, 04/ - Results of another trades in domestic GS at Kazakhstan Stock Exchange (KASE) on March 23, including closing quotations.

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                     Yield to maturity, % APR
               Till  ------------------------
          maturity,    Average   best    best  Volume,
Currency       days  for deals  offer  demand    KZT m
--------  ---------  ---------  -----  ------  -------
KZT             128              3.50
KZT             136       4.73                   120.1
KZT             178       4.95   4.35    4.90  1,181.5
KZT             276       5.03                   160.9
KZT             295       5.09                    33.7
KZT             310       5.06                     2.5
KZT            1679       6.10                    16.4
KZT            2493       6.10   6.10             36.0
--------  ---------  ---------  -----  ------  -------
USD              87              5.00    8.00
USD             277              5.71    8.80
USD             285              5.71    8.80
USD             503              5.50    8.50
USD             565              5.91    9.00
USD             573              5.91    9.00
USD             930              6.01    9.10
USD             938              6.01    9.10
USD            1188              6.01    9.10
USD            1196              6.01    9.10
USD            1512              6.50    9.50
--------  ---------  ---------  -----  ------  -------
TOTAL                                          1,551.1
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[2004-03-23]