ANALYSIS: 30 most capitalized listing companies of KASE at trades closing on July 31, 2007 (stock market)

/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. --------------------------------------------------------------------------- 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 --------------------------------------------------------------------------- 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]