/KASE, August 2, 06/ - By the decision of Kazakhstan stock exchange's
(KASE) Council dated August 1 of 2006 KZ2CKY23B672 infrastructure
bonds of Doszhan temir zholy (DTZh) JSC (Almaty) (KZT1,000.00, KZT30.0 bn.
10 years, August 2, 2005 - August 8, 28,annual coupon, indexed on
inflation rate, 9.45% APR for the second circulation year, 30/360) were
included into KASE's official "A" listing category under DTJLb1code.
Funds gotten from bonds offering will be spent on construction and
exploitation of a new railway "Station Shar - Ust-Kamenogorsk" (the Object).
Date, on which the mentioned decision of Exchange board will take effect, will
be announced later after the issuer pays the listing fee for these securities.
Information about opening of trades in the bonds on KASE will also be given
later.
Matter on inclusion of Doszhan temir zholy (DTZh) JSC's bonds of
KZ2CKY23B672 issue into official KASE's list under "A" category had already
been examined at the meeting of Stock exchange's council in December of
2005, at which it was decided to delay decision making on this question up to
the time of elimination of incompliance between volumes of bonds issue of
Doszhan temir zholy (DTZh) and state guarantee on them. At present this
incompliance has been eliminated.
KASE stresses on the fact that as a guarantee of liabilities performing on
infrastructure bonds of Doszhan temir zholy (DTZh), issued within
frameworks of concession contract, it is provided the security by Ministry of
finance of Republic of Kazakhstan on the basis of decree of Government of
Republic of Kazakhstan dated August 25, 2005 #875 for the amount,
corresponding to cost of the Object, being transferred to the state and not
exceeding KZT21,427,000,000, and interest, charged for offered bonds for
the period of the Object's construction.
First Investment JSC (Almaty) acted as the financial consultant of the
issuer to bring the shares to the organized market.
Detailed information about the securities issue and the issuer will be
available on KASE's web site at
http://www.kase.kz/emitters/dtjl.asp after
the mentioned decision of the Exchange's Council takes effect.
[2006-08-02]