ON September 28 REPEATED AUCTION ON OFFERING OF MEKKAM-3 ISSUE 304 (KZK1KM033047) WILL BE HELD ON KASE

/KASE, September 27, 07/ - Kazakhstan stock exchange (KASE) informs that on September 28 of 2007 repeated auction on offering of government short-term treasury instruments of the Ministry of finance of Republic of Kazakhstan (MEKKAM) will be held on KASE on the terms given below (discount bonds, Almaty time). ---------------------------------------------------------------- Type of security: МEKКАМ-3 National identification number: KZK1KM033047 Ordinal number of the issue: 304 Trade code of KASE: MKM003_0304 Volume of bonds in circulation, units 105,000,000 Face value, KZT: 100.00 Circulation start date: September 26, 2007 Last circulation day: December 25, 2007 Maturity date: December 26, 2007 Circulation term: 91 days Time basis: actual/actual ------------------------------------- ------------------------- Announced offering volume, units: 10,000.0 Stake of market bids satisfaction, %: 70 Applications submitting method: closed Applications acceptance time: 09:00 - 11:00 Applications confirmation period: 09:00 - 11:30 (Т+0) Cutting off: until 3:00 p.m. (Т+0) Payment time: until 3:00 p.m. (Т+0) Limited bids satisfying method: at stated price Market bids satisfying method: at weighted average price ---------------------------------------------------------------- The repeated auction will be held by the specialized trades, the order of which is regulated by the rules of internal KASE document "Regulations on trade conducting methods", which is available at http://www.kase.kz/geninfo/normbase/methods.pdf.I Bids for participation in the specialized trades may be submitted only by KASE members of "К" category (right to participate in trades in government securities circulating on the exchange), which are revised by the rules mentioned below as primary dealers. Investors can submit applications through these legal entities. Full list of KASE members of "K" category is available on the exchange's web-site at http://www.kase.kz/kasemembers/ Bids should contain a "net" price (without taking into consideration accumulated interest), expressed in percentage from the security's face value with the accuracy of four decimal figures as a price in the application. Particularly, this indicator is the subject of trades. MEKKAM are issued in compliance with Rules of issue, placement, maintenance and maturity of government treasury obligations of Kazakhstan (rules of issue http://www.kase.kz/mix/newgko.pdf) approved by the resolution of Kazakhstan Government dated September 8, 2004 #941 and are placed according to the Rules of flotation of government treasury obligations of Kazakhstan (http://www.kase.kz/geninfo/normbase/mekam_placement.pdf) approved by the decision of KASE Exchange Council dated December 29, 2004. [2007-09-27]