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

/IRBIS, Vitaliy Tomskiy, December 6, 07/ - IRBIS information agency of financial markets (Almaty) has compiled top-30 of the most capitalized companies whose stocks are in Kazakhstan stock exchange's (KASE) official list. Ranking table below is made as of November 30 at market closing and contains the comparative data on market closing as of October 31, 2007. ----------------------------------------------------------------------------------- As of November 30, 07: As of October 31, 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 tion m. USD ny, % tion m. USD ny, % m. USD points PLC) ------------------- ----- -------- -------- ----- -------- -------- -------- ------ KAZAKHMYS 1 12,254.6 22.69 1 13,608.4 23.90 -1,353.7 -1.21 PLС EP Kazmunay 2 11,350.7 21.01 2 10,433.5 18.32 +917.2 +2.69 gas Halyk bank 3 4,572.7 8.46 4 5,282.7 9.28 -710.0 -0.81 Bank TuranAlem 4 4,565.3 8.45 3 6,034.5 10.60 -1,469.2 -2.15 Kazkommerts 5 3,653.7 6.76 5 4,161.3 7.31 -507.5 -0.54 bank Kazakhtelecom 6 3,451.6 6.39 6 3,753.0 6.59 -301.5 -0.20 ATFBank 7 2,274.0 4.21 7 2,055.3 3.61 +218.7 +0.60 Alliance Bank 8 2,117.8 3.92 9 1,398.6 2.46 +719.2 +1.46 Bank 9 1,455.7 2.69 8 1,583.3 2.78 -127.6 -0.09 CenterCredit Temirbank 10 1,207.4 2.24 10 1,285.5 2.26 -78.1 -0.02 BANK 11 973.0 1.80 12 972.9 1.71 +0.2 +0.09 CASPIAN Aluminum 12 704.2 1.30 13 660.0 1.16 +44.2 +0.14 of Kazakhstan TNC Kazchrome 13 698.1 1.29 11 1,182.5 2.08 -484.4 -0.78 Astana-finance 14 618.7 1.15 15 456.1 0.80 +162.6 +0.34 Nurbank 15 484.7 0.90 14 474.4 0.83 +10.2 +0.06 UKTMC 16 434.1 0.80 16 433.8 0.76 +0.3 +0.04 KazTransCom 17 429.2 0.79 17 429.0 0.75 +0.2 +0.04 Sumbe 18 406.7 0.75 18 406.5 0.71 +0.2 +0.04 Tsesnabank 19 309.4 0.57 19 336.5 0.59 -27.1 -0.02 Eximbank Kazakhstan 20 245.4 0.45 20 249.0 0.44 -3.6 +0.02 Kazinvestbank 21 217.3 0.40 21 182.8 0.32 +34.4 +0.08 Kazakinstrakh 22 128.8 0.24 22 128.8 0.23 +0.1 +0.01 Rakhat 23 116.2 0.22 25 101.2 0.18 +15.0 +0.04 London-Almaty 24 108.0 0.20 23 115.3 0.20 -7.3 -0.003 Pavlodar PS 25 100.9 0.19 29 84.7 0.15 +16.2 +0.04 Delta Bank 26 94.9 0.18 24 109.0 0.19 -14.1 -0.02 EKOTON+ 27 91.2 0.169 26 91.1 0.10 +0.1 +0.01 Shymkent 28 89.7 0.166 27 89.6 0.157 +0.1 +0.01 MO Corporation 29 88.2 0.163 28 88.1 0.155 +0.1 +0.01 Ordabasy AZIA AVTO 30 79.5 0.15 30 79.4 0.14 +0.1 +0.01 ----------------------------------------------------------------------------------- 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 daily, considers it in the indexes values, 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 November 30, 2007 of 2007 this index made 54,020.5 m. USD. 94 shares of 70 issuers were in the official list of securities of KASE. [2007-12-06]