Board of directors of Ulba Metallurgical Plant JSC (Kazakhstan) decided on submission of guarantee on loan agreement in the amount of $300.0 m.

29.07.08 20:23
/IRBIS, Raushan Tundybayeva, July 29, 08/ - Ulba Metallurgical Plant JSC (Ust-Kamenogorsk, further - the company), bonds of which are traded in Kazakhstan Stock Exchange's (KASE) category "A" official list, provided KASE with copy of decision of company's Board of directors on closing huge deal and deal in which there has been an interest, dated July 28, 2008. According to above mention document, company's Board of directors decided with Mining company LLP to submit guarantee on loan agreement on total amount of $300.0 m., closed between NAC Kazatomprom JSC and syndicate of foreign banks, headed by Citibank N.A. Original version of Board of directors` decision of Ulba Metallurgical Plant JSC is available at KASE website at http://www.kase.kz/emitters/scan/ulba/ulba_resh_280708.pdf [2008-07-29]