/KASE, August 29, 08/ - By the decision of Kazakhstan Stock Exchange (KASE)
Council of August 28, 2008 were made the following decisions:
- approve correspondence tables of securities, included into KASE official list,
and their issuers to requirements, established by Resolution # 77 of the
Board of the Agency of the Republic of Kazakhstan on Regulation and
Supervision of Financial Market and Financial Organizations "On
Requirements for Issuers and their Securities Being Admitted (Admitted) to
Circulation on the Stock Exchange, and Certain Stock Exchange List
Categories" of May 26, 2008 (new listing requirements), and reclassification
of securities, present in KASE official list in compliance with these tables;
- based on the approved reclassification transfer from September 1, 2008
securities compliant with the new listing requirements into corresponding
sectors and categories (subcategories) of KASE official list, defined by the
mentioned Resolution;
- in compliance with item 26 of the mentioned Resolution transfer bonds
inconsistent with new listing requirements of neither category (subcategory),
into the second subcategory "Debt securities without the rating" of KASE
official list;
- entrust the Listing Commission of KASE to develop the conclusions of
possibility for delisting shares inconsistent with new listing requirements of
neither category; these conclusions must be developed within period allowing
the Exchange Council making decisions on these shares delisting from
December 1, 2008;
- establish that if before December 1, 2008 on shares of any denomination
inconsistent with new listing requirements of neither category such
inconsistent is not eliminated, shares of this denomination shall be liable to
transition into the corresponding category of KASE official list without making
separate KASE Council decision;
- do not suspend from September 1, 2008 trades in shares, inconsistent with
new listing requirements of neither category.
Securities correspondence tables of KASE official list to requirements of the
Resolution will be published on KASE website on August 29 at
http://www.kase.kz/mix/listing_kase.pdf
Text of the Resolution # 77 of the Board of the Agency of the Republic of
Kazakhstan on Regulation and Supervision of Financial Market and Financial
Organizations of May 26, 2008 is published on KASE website at
http://www.kase.kz/geninfo/normbase/post_77_2008.pdf
[2008-08-29]