Auction of Kazakhstan Ministry of Finance on placement of MEKKAM-12 of 93rd issue (KZK1KY010935) on KASE on November 19 recognized unexecuted

/KASE, November 19, 08/ - Kazakhstan Stock Exchange (KASE) informs that on November 19, 2008 in the exchange trading system the Ministry of Finance of the Republic of Kazakhstan tried to additionally place government short-term treasury obligations of the Ministry of Finance of the Republic of Kazakhstan (MEKKAM) on the below terms (discount bonds, Almaty time). ISSUE PARAMETERS: ----------------------------------- ------------------------- Security type: MEKKAM-12 National identification number: KZK1KY010935 Issue serial number: 93/12 KASE trade code: MKM012_0093 Face value, tenge: 100.00 Placement date: 19.11.08 Circulation start date: 19.11.08 Last circulation date: 18.11.09 Maturity date: 19.11.09 Circulation term: 365 days Time base: actual/actual ----------------------------------- ------------------------- PLACEMENT TERMS: ----------------------------------- ------------------------- Placement volume, m. tenge: 10,000.0 Trade subject: bond price Order submission method: closed Order receipt time: 09:00-11:00 Order confirmation time: 09:00-11:30 (Т+0) Striking time: до 15:00 (Т+0) Orders satisfaction method: - limited (competitive) at announced price - market (non-competitive) at weighted average price Market order satisfaction stake, %: 70 Payment date: 19.11.09 Payment time: till 15:00 (Т+0) -------------------------------------------------------------- Participants submitted 3 market bids on purchasing 6 580 000 securities at the face value KZT658.0 m. All bids remained active till the end of trades. In the total volume of active bids the stake of pension market subjects totaled 31.6 %, clients of STB - 68.4 %. The Ministry of Finance has acknowledged the auction as not executed due to the absence of limited bids on bonds purchase. [2008-11-19]