/KASE, September 10, 08/ - By the decision of Kazakhstan Stock Exchange
(KASE) of September 10, 2008 was made the addition into the decision of KASE
Board of August 28, 2008 on approval of change # 7 into KASE internal
document "Specification of Automatic Repo Market". This addition is effective
from September 10, 2008.
The mentioned addition looks as follows.
Quotation start
In order to minimize the risk of nonfulfilment of obligations on deals of repo
opening and/or closing (whish relate to repo transactions executed by the
"automatic" method), occurring due to the transition of the exchange to the new
official list structure, establish the following transition regulations, namely,
establish that corporate serial securities:
- before September 1, 2008, present in KASE category "A" official list, but
after the mentioned date not included into the list of securities, which can
be used as subjects of repo transactions executed by the "automatic" method,
in compliance with sub-item 2) of item 2 of the exchange internal document
"Specification of Automatic Repo Market" (revised),
- subjects of repo transactions executed by the "automatic" method, from the
closing date, which fall on September 1, 2008,
can be used as subjects of repo transactions executed by the "automatic"
method given that dates of such repo transactions closing come before January
1, 2009.
Quotation end
"Specification of Automatic Repo Market" is available on KASE website at
http://www.kase.kz/geninfo/normbase/sp_repo.pdf
[2008-09-10]