FROM SEPTEMBER 8, 2008 KASE CHANGED PARAMETERS OF SHARES, INFLUENCING ON VALUE OF KASE INDEX

08.09.08 16:02
/KASE, September 8, 08/ - From September 8, 2008, the Risk Committee of Kazakhstan Stock Exchange (KASE) changed shares parameters of Bank CenterCredit (Almaty, hereinafter - the Bank), influencing on KASE shares index value. The changes concern the stake of Bank CenterCredit free floating shares, which changed by results of specialized trades executed on KASE on August 27 and dedicated to re-purchasing by Kookmin Bank (Korea) in the Bank's shareholders of belonging to them common shares. Mentioned changes caused the need of correction of coefficients, limiting stake of influence on KASE index of price parameters of shares of all titles, included to representative list of KASE index. Below is represented the table, in which are given the new and acting till September 8 parameters of shares, influencing on KASE index. -------------------------------------------------------------------------- Effective from Effective before September 8, 2008 September 8, 2008 ------------------------------- ------------------------------- Number of free Limiting Number of free Limiting Share code offered float coefficient offered float coefficient Share code shares (Fi), % (Ci) shares (Fi), % (Ci) ---------- ----------- ------- ----------- ----------- ------- ----------- BTAS 8,370,625 26.6 0.9518844 8,370,625 26.6 0.8969183 CCBN 130,316,695 36.7 1.0000000 130,316,695 41.2 1.0000000 GB_KZMS 535,240,338 31.2 0.2615352 535,240,338 31.2 0.2239754 HSBK 984,016,660 28.9 1.0000000 984,016,660 28.9 1.0000000 KKGB 574,923,873 46.8 0.6219861 574,923,873 46.8 0.5283439 KKGBp 124,929,524 43.5 1.0000000 124,929,524 43.5 1.0000000 KZTK 10,922,876 22.5 1.0000000 10,922,876 22.5 1.0000000 KZTKp 403,194 100.0 1.0000000 403,194 100.0 1.0000000 RDGZ 70,220,935 38.6 0.2814947 70,220,935 38.6 0.2436692 TEBN 19,067,000 21.2 1.0000000 19,067,000 21.2 1.0000000 -------------------------------------------------------------------------- In addition, by the mentioned decision of the Risk Committee from September 8, 2008, at calculation of KASE index will be used the new adjustment coefficient (K) value - 0.9220108. Before the mentioned date K equaled 0.9820592. NOTES TO THE TABLE KASE index - index of KASE shares market, which indicates the change of prices on deals in shares of the index representative list considering the capitalization level of their issuer and the number of free floating shares, Given this the unit weight of share price of each denomination in the index value can not exceed 15%. KASE index is calculated in the real-time mode after conclusion of each deal. The Methodology of index calculation is regulated by KASE internal document "Methodology of Stock Market Indices Calculation" (http://www.kase.kz/geninfo/normbase/indicators_met.pdf ). The index page is accessible at http://beta.kase.kz/ru/index_kase Share code reflects: a security issuer code, traded on KASE (the first 4 symbols - common shares code) share category (if the fifth symbol - "p", preferred share); shares issue serial number (if necessary, the sixth digital symbol). Codes of issuers: BTAS - BTA Bank; CCBN - Bank CenterCredit; GB_KZMS - KAZAKHMYS PLC; HSBK - Halyk Savings Bank of Kazakhstan; KKGB - Kazkommertsbank; KZTK - Kazakhtelecom; RDGZ - KazMunaiGas Exploration Production; TEBN - Subsidiary of Bank TuranAlem Temirbank. Number of offered shares - the parameter, which is determined by KASE independently based on the data of the extract from shareholders registers system of the listed company or the company's information as the number of the listed company offered shares, excluding re-purchased shares. KASE considers at calculation of KASE index that value of the number of offered shares, which is confirmed by available on KASE documents. Free float, % - parameter, which is determined by KASE as the number of shares, not belonging to the government, management of the issuer or shareholders, owning more than 5% from total amount of common shares of the given issuer, excluding shareholders, concerning which by Risk Committee of KASE was accepted the decision that given shareholders are not considered as strategic (institutional investors, nominal holders, executing the functions of settlements servicing, etc.). Limiting coefficient (Ci) - the parameter, limiting the stake of influence of each share on the index value up to 15%. [2008-09-08]