KZ2CKY03B047 (MREKb1) bonds of Mangistau distributive electricity supply network company JSC have been excluded from KASE's official list due to expiration of the circulation period

/KASE, April 17, 07/ - By the decision of Kazakhstan stock exchange's (KASE) Board since April 17, 2007 KZ2CKY03B047 bonds indexed on tenge to US dollar devaluation rate (MREKb1, KZT1; KZT560.9 m.; April 13, 04 - April 13, 07, semi-annual coupon 13.00% APR) of Mangistau distributive electricity supply network company JSC (Aktau) have been excluded from KASE's official "A" listing category due to expiration of the circulation period. Bonds have been included into KASE's official list since April 13, 2004. First trades with them were held on May 6, 2004. For the whole period of circulation of securities on KASE in purchase and sale sector bonds' yield to maturity for a bearer on deals, concluded by method of open trades, varied from 8.50% APR to 10.00% APR The last deal was made on January 12, 2007 at the yield of 8.50% APR. In year 2006 MREKb1 on KASE had occupied the 204th position in the tradability rating among non-government securities by the volume of concluded deals (0.017% of the corresponding market turnover) and 146th position in the same rating of corporate bonds (0.029%). [2007-04-17]