/KASE, July 26, 05/ - Results of trades in domestic GS on Kazakhstan stock exchange (KASE) on July 26, 2005 including closing quotations:

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                     Yield to maturity, % APR
               Till  ------------------------  Volume,
          maturity,     Average   best   best      KZT
Currency       days   for deals  offer    bid       m.
--------  ---------  ----------  -----  -----  -------
KZT               3        2.00   2.00   2.00      1.0
KZT               9        0.70   0.70   0.70     55.0
KZT              17        2.05   2.05   2.05      2.0
KZT             338               2.30
--------  ---------  ----------  -----  -----  -------
USD              13               3.50   5.50
USD              75               7.01   9.00
USD             425               8.50  10.50
USD             440               7.30   9.30
USD             698               7.50   9.50
USD            1022               8.50  10.50
--------  ---------  ----------  -----  -----  -------
TOTAL                                             58.0
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[2005-07-26]