Food contract corporation JSC (Kazakhstan) intends to pay off bonds KZ2CKY05B091 (PRKRb1) preliminary in nearest future

/KASE, January 19, 07/ - Food contract corporation JSC (Astana, hereinafter - the Corporation) officially informed KASE of intention "in the nearest future" to execute preliminary maturity payment of its bonds KZ2CKY05B091 (the official list of KASE under "А" category, PRKRb1, KZT10,000; KZT3.0 bn.; May 17, 04 - May 17, 09; annual coupon 8.00% APR; actual/365). According to terms of the mentioned bonds issue, their preliminary paying- off is executed by the decision of the Council of directors of the Corporation if anything else is not provided by normative legal standards of the Republic of Kazakhstan and (or) by the Charta of the Corporation. Notification of bonds holders about the preliminary paying-off of bonds must be published before 30 calendar days by the officially announced start date of maturity payment in the printed outlet, corresponding to the requirements, which are provided by the law of the Republic of Kazakhstan dated May 13 2003 "About joint stock companies" or other normative legal standards of the Republic of Kazakhstan. Preliminary paying-off of bonds must be made by way of coupon payment and face value of bonds to persons, who have the right to own them as of the beginning of the last day of the period, within which these payments are made by specified time to the address of the Registrar. [2007-01-19]