ANALYSIS: 30 most capitalized listing companies of KASE at trades closing on February 29, 2008 (stock market)

/IRBIS, Vitaliy Tomskiy, March 3, 08/ - 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 February 29 at market closing and contains the comparative data on market closing as of January 30, 2008. -------------------------------------------------------------------------------- As of February 29, 07: As of January 31, 08 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 13,816.2 24.74 1 11,032.3 21.12 +2,783.9 +3.62 PLС EP Kazmunay 2 10,168.5 18.21 2 11,001.9 21.06 -833.4 -2.85 gas BTA Bank 3 5,506.2 9.86 3 5,095.8 9.75 +410.5 +0.11 Kazkommerts 4 5,454.9 9.77 4 4,585.1 8.78 +869.7 +0.99 bank Halyk bank 5 4,544.4 8.14 5 4,387.9 8.40 +156.6 -0.26 Kazakhtelecom 6 2,983.3 5.34 6 3,015.2 5.77 -31.9 -0.43 Alliance Bank 7 2,133.8 3.82 8 1,832.5 3.51 +301.2 +0.31 ATFBank 8 2,032.3 3.64 7 2,024.9 3.88 +7.5 -0.24 Bank 9 1,752.3 3.14 9 1,773.5 3.39 -21.2 -0.26 CenterCredit Temirbank 10 1,213.1 2.17 10 1,241.1 2.38 -28.0 -0.20 BANK 11 920.1 1.65 11 906.9 1.74 +13.2 -0.09 CASPIAN Astana-Finance 12 628.0 1.12 12 690.7 1.32 -62.7 -0.20 Nurbank 13 475.2 0.85 15 436.6 0.84 +38.7 +0.02 Sumbe 14 454.8 0.814 13 457.2 0.88 -2.4 -0.06 Astana- Nedvizhimost 15 451.9 0.809 14 454.3 0.87 -2.4 -0.06 UKTMC 16 442.9 0.79 16 436.3 0.84 +6.6 -0.04 KazTransCom 17 428.6 0.77 17 431.0 0.83 -2.4 -0.06 Tsesnabank 18 269.2 0.48 19 226.1 0.43 +43.1 +0.05 Eximbank Kazakhstan 19 245.4 0.44 18 246.7 0.47 -1.3 -0.03 Kazinvestbank 20 213.8 0.38 20 195.4 0.37 +18.4 +0.01 Kant 21 169.4 0.30 21 170.3 0.33 -0.9 -0.02 Delta Bank 22 155.8 0.28 22 164.0 0.31 -8.2 -0.03 AZIA AVTO 23 126.6 0.23 26 105.4 0.20 +21.2 +0.02 Kazakinstrakh 24 120.9 0.22 24 121.5 0.23 -0.6 -0.02 London-Almaty 25 108.0 0.19 25 108.6 0.21 -0.6 -0.01 EKOTON+ 26 91.1 0.163 27 91.6 0.18 -0.5 -0.01 Pavlodar PS 27 89.9 0.1610 28 90.4 0.17 -0.5 -0.01 Shymkent MO 28 89.9 0.1609 29 90.3 0.17 -0.5 -0.01 Rakhat 29 86.4 0.15 23 125.8 0.24 -39.4 -0.09 GLOTUR 30 69.5 0.12 31 69.9 0.13 -0.4 -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 February 29, 2008 this indicator made USD55,844.2 m.. 91 shares of 68 issuers were in the official list of securities of KASE. [2008-03-03]