Deal of BTA Bank (Kazakhstan) on securitization of diversified payment rights was acknowledged the best on the European developing market

/KASE, October 13, 08/ - BTA Bank (Almaty), securities of which are traded in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the press release of the following content: Quotation start The deal of BTA Bank on securitization of diversified payment rights (DPR) was acknowledged "The deal of year on the European developing market" by opinion of competent international editions Euromoney Institutional Investor, Derivatives Week and Total Securitization. This deal in the amount of USD750 m. was awarded as not only the largest deal on securitization of DPR in Kazakhstan, but also as the deal successfully made at the financial crisis height. More exactly the DPR deal of BTA Bank was completed in October 2007. The deal was structured by Standard Chartered, ABN AMRO and JPMorgan. The deal of BT Bank on securitization of DPR also opened the way for similar deals in the future. As the DPR structure decreases the credit risk of the initial issuer as well as the currency risk, experts believe that such deals are more sustainable under the crisis. The DPR program is the significant addition for external borrowings, which opens for the bank possibility to find affordable by cost funding sources and use capital markets. The main role in the successful closing of this deal played its structure and participation of dedicated insurers ("monoliners"). The received prestigious award once again demonstrates the adherence of BTA Bank to the funding diversification strategy. For Media contacts: ADil Dossymov, BTA Bank Press Secretary 8 (727) 266 47 97, e-mail: dosymov@bta.kz Quotation end [2008-10-13]