The only shareholder of AZIA SAKHAR JSC (Kazakhstan) confirmed decision of Board of Directors about increasing amount of credit line of Kazkommertsbank JSC

/KASE, May 16, 06/ - AZIA SAKHAR JSC (Almaty, the company), whose shares are circulating in Kazakhstan stock exchange's (KASE) official "B" listing category, has presented to KASE a copy of the decision of its only shareholder - Zangar Invest Group JSC (Almaty) dated April 28 of 2006. According to the document, the company's only shareholder has taken the following decisions. - confirm the decision of the company's Board of directors about concluding a big deal with Kazkommertsbank JSC, including: - additional agreement to agreement about opening the credit line dated December 19, 2002 #307, concerning the increase of limit amount of the credit line to 50.0 m. of US dollars; - additional agreement to all acting contracts of pledges of property, made in connection with change of limit amount of mentioned credit line. Company's primary activities - production and sale of sugar. [2006-05-16]