/IRBIS, Sergey Yakovlev, August 3, 07/ - IRBIS, Information agency of financial markets (Almaty) has compiled 30-top of the most capitalized companies whose stocks are in Kazakhstan stock exchange's (KASE) official list.

Ranking table below is made as of July 31 at market closing and contains the comparative data on market closing as of June 29, 2007.

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                   As of July 31, 07:     As of June 29, 07:         Trend:
Short name of  ---------------------- ---------------------- --------------
the company    posi- capita- stake of posi- capita- stake of capita- stakes
(all are JSC,        liz-on,   compa-       liz-on,   compa- liz-on,  perc.
except
KAZAKHMYS PLC)  tion  m. USD    ny, %  tion  m. USD    ny, %  m. USD points
-------------- ----- ------- -------- ----- ------- -------- ------- ------
KAZAKHMYS          1 13996.2    20.77     1 12746.5    18.91 +1249.7  +1.87
PLС
EP Kazmu-          2  9517.7    14.13     2  8898.9    13.20  +618.8  +0.93
naygas
Kazkommerts-       3  6127.4     9.09     3  6696.9     9.93  -569.5  -0.84
bank
Bank               4  6119.0     9.08     4  6134.3     9.10   -15.3  -0.02
TuranAlem
Halyk bank         5  5361.9     7.96     5  5484.9     8.14  -123.0  -0.18
Kazakh-            6  4440.4     6.59     7  4438.5     6.58    +1.9  +0.01
telecom
Alliance Bank      7  3961.4     5.88     6  5433.6     8.06 -1472.2  -2.18
CNPC-Aktobe-       8  3330.1     4.94     8  3547.6     5.26  -217.4  -0.32
munaygas
ATFBank            9  2181.2     3.24     9  2624.8     3.89  -443.6  -0.66
Bank                  1777.0     2.64    11  1679.1     2.49   +97.9  +0.15
CenterCredit
TNC Kaz-          10  1735.1     2.58    10  1753.1     2.60   -18.0  -0.02
chrome
BANK              11  1271.2     1.89    13  1222.8     1.81   +48.4  +0.07
CASPIAN
Aluminum          12  1242.3     1.84    12  1255.2     1.86   -12.9  -0.02
of Kazakhstan
Temirbank         13  1144.0     1.70    14  1095.1     1.62   +48.9  +0.07
Nurbank           14   800.6     1.19    17   439.0     0.65  +361.6  +0.54
KazTransCom       15   564.3     0.84    15   687.8     1.02  -123.5  -0.18
Astana-finance    16   495.8     0.74    18   431.4     0.64   +64.4  +0.10
UKTMC             17   451.9     0.67    16   456.6     0.68    -4.7  -0.01
Sumbe             18   397.6     0.59    19   338.5     0.50   +59.1  +0.09
Tsesnabank        19   386.6     0.57    20   319.8     0.47   +66.8  +0.10
ZANGAR            20   281.8     0.42    42    12.8     0.02  +269.0  +0.40
Eximbank          21   243.7     0.36    21   248.1     0.37    -4.4  -0.01
Kazakhstan
Kazinvestbank     22   168.5     0.25    22   195.7     0.29   -27.2  -0.04
Kazakinstrakh     23   131.8     0.20    23   133.2     0.20    -1.4 -0.002
Rakhat            24   116.5     0.17    28    88.3     0.13   +28.2  +0.04
Kant              25   112.2     0.17    24   113.2     0.17    -1.0 -0.001
Pavlodar PS       26    95.3    0.141    29    86.1     0.13    +9.2  +0.01
Danabank          27    94.7    0.141    25    95.7     0.14    -1.0 -0.001
Mahgistau-        28    87.9     0.13    27    88.8     0.13    -0.9 -0.001
munaygas
Corporation       30    86.9     0.13    26    89.7     0.13    -2.7 -0.004
Ordabasy
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Abbreviations in the table

EP Kazmunaygas - Exploration Production KazMunayGas JSC, Halyk bank - Halyk savings bank of Kazakhstan JSC; UKTMIC- Ust-Kamenogorsk titanium and magnesium industrial complex JSC; PavlodarES - PAVLODARENERGOSERVICE JSC. In order to get precise short names of the other companies (except KAZAKHMYS PLC) it is necessary to put JSC before the names given in the table, and the name itself to put in the inverted commas.

Notes to table

Market capitalization of the company - value, which equals to the product of the amount of the company's shares (common and preferred) that are in circulation (of paid shares), and the price of the last deal made at KASE in these shares by one of methods of open trades. The indicator of the company's market capitalization is computed in Kazakhstan tenge. It is converted to U.S. dollar according to the weighted average rate of tenge to dollar, acting on the date of ranking compilation.

Quantity of paid shares is determined by KASE independently on the basis of the data of the register holder of a listing company and the company itself as the number of shares of the listing company minus purchased by it.

It is noteworthy, KASE takes into account with a view of the company's market capitalization the new value of the number of paid shares not as of the date of compiling the extract from the register, but as of the date of receiving this extract by the stock exchange (more precisely, as of the date of its processing by the exchange). Shortcomings of this method are obvious. However, the application of another method is not considered possible, since KASE computes capitalization indicator and KASE_Shares index daily and cannot re-count this indicators backdating.

According to Listing rules, companies, securities of which were included in the official securities list of KASE, at the present time must provide the exchange with the extracts from shareholders' registers system at the beginning of each calendar quarter. Each extract is processed by KASE either on the day of receipt or the next working day. However, most of issuers give extracts as of the date specified in it with a substantial delay (from several days till a number of months). Frankly speaking, among companies submitting excerpts with deep delay as a rule are production organizations with rarely changing authorized capital.

Share of the company, % - index, obtained by referring market capitalization of the company to summary capitalization of stock exchange's market of shares of official securities list of KASE and expressed in percentage. At closing of the market on July 31 of 2007 this index made 67,375.5 m. USD. 96 shares of 70 issuers were in the official list of securities of KASE.

[2007-08-03]