/KASE, October 15, 08/ - The new KASE index representative list was
determined by the decision of the Risk Committee of Kazakhstan Stock
Exchange (KASE) of October 14, 2008 in accordance with the KASE internal
document "Stock Market Indicator Calculation Methodology"
(
http://www.kase.kz/geninfo/normbase/indicators_met.pdf, further - the
Methodology).
According to the decision preferred shares of Kazkommertsbank (Almaty) and
preferred shares of Kazakhtelecom (Almaty) tradable on KASE under codes
(NIN - KZ1P00400112) and KZTKp (NIN - KZ1P12280412) accordingly will be
excluded from the representative list beginning November 1, 2008. The
securities will be excluded due to incompliance with liquidity criteria set out
in sub-item 3) of item 1 of article 5 of the Methodology.
Common shares (ISIN - GB00B0HZPV38, trade code - GB_KZMS) of
KAZAKHMYS PLC (United Kingdom) have less degree incompliance with the
criteria. However, on the basis of sub-item 7) of item 1 of article 5 of the
Methodology with respect to the role played by KAZAKHMYS PLC in the
Kazakhstan economy, and in hopes for liquidity growth of the stocks in near
future the Risk Committee decided to leave the equity instrument on the KASE
index representative list by majority vote.
Thus, parameters of the following shares will be considered at KASE index
calculation beginning November 1, 2008:
-----------------------------------------------------------------------
No Share code Issuer short name NIN Free float, Stake,
m. USD %
-- ---------- ------------------------- ------------ ----------- ------
1 BTAS BTA Bank KZ1C34920013 497.5 15.0
2 CCBN Bank CenterCredit KZ1C36280010 357.5 10.8
3 GB_KZMS KAZAKHMYS PLC GB00B0HZPV38 497.5 15.0
4 HSBK Halyk Savings Bank
of Kazakhstan KZ1C33870011 287.4 8.7
5 KKGB Kazkommertsbank KZ1C00400016 497.5 15.0
6 KZTK Kazakhtelecom KZ1C12280417 497.5 15.0
7 RDGZ KazMunaiGas Exploration
Production KZ1C51460018 497.5 15.0
8 TEBN Subsidiary of Bank
TuranAlem - Temirbank KZ1C00260014 184.3 5.6
-----------------------------------------------------------------------
Free float, in the table, was received as product of a number of stocks in free
float as on 01.10.08 times price of last deal registered on KASE 14.10.08,
times coefficient limiting influence of the stock on the index value (indicator
"Stake" in the table). After the decision of the Risk Committee is made
effective (beginning of 01.11.08), free float value in money terms will be
different, as limiting coefficients will be adjusted in accordance with current
share prices.
[2008-10-15]