The sole shareholder of Kazakhstan Mortgage Company JSC confirmed the annual financial statement and procedure of net income distribution for 2007

/IRBIS, Ekaterina Tatarova, June 25, 08/ - Kazakhstan Mortgage Company JSC (Almaty, hereinafter - the company) securities of which are traded in Kazakhstan Stock Exchange's (KASE) category "A" official list, had provided KASE with the copy of decision of the sole shareholder of the company - Ministry of Finance of Kazakhstan republic, dated March 31, 2008. According to the provided document the sole shareholder of the company accepted the next decisions: - to confirm the annual financial statement of the company for year 2007; - to distribute the net income of the company in amount of KZT878,750,474, received by results of 2007 in the following way: - to direct 50% of net income in amount KZT439,375,237 to dividends payment on state blocks of shares of company to income of republic budget; - to direct 50% of net income in amount KZT439,375,237 to completing reserve capital of the company; - to provide transferring of dividends on state blocks of shares of company till May 20, 2008 and publish in edition the annual financial statement of the company for 2007 during 30 calendar days since the date of taking decision. [2008-06-25]