As of April 1, 2007 Kazakhstan Mortgage Company JSC (Kazakhstan) is able to meet its liabilities in face of the holders of bonds - Bank TuranAlem JSC

16.04.07 20:54
/KASE, April 16, 07/ - Bank TuranAlem JSC (Almaty), acting as a Representative of holders of mortgage bonds KZ2CKY10A986 (KASE's official list of "A" category, KZIKb3; KZT1, KZT4.5 bn.; December 1, 03 - April 1, 14, semi-annual coupon, indexed on inflation rate, 9.50% APR for the reporting period) of Kazakhstan Mortgage Company JSC (Almaty, further - Company) informed holders of the above mentioned bonds of the status of the pledge. By the message of the Representative of holders, according to the pledge register of mortgage certificates on bonds KZ2CKY10A986, the status of the pledged property totaled KZT4,541,253,832.03 as of April 1, 2007, which goes with requirements of the prospect of the given securities issue. The prospect of this issue of the company is available on the web site of KASE at http://www.kase.kz/emitters/kzik.asp [2007-04-16]