ATFBank provided explanations of Batys tranzit of the lack of funds for the coupon payment and measures being undertaken

20.11.08 21:01
/KASE, November 20, 08/ - ATFBank (Almaty), acting as the representative of holders of infrastructural bonds KZ2CKY13B996 (KASE official list, the second subcategory of "Non-rated Debt Securities" category, BTTRb1; KZT100, KZT18,830.0 m.; March 30, 06 - March 30, 19, the annual coupon indexed on the inflation rate, 19.20 % APR for the current period, 30/360) of Batys tranzit (Almaty), provided in addition to its letter of November 13, 2008 # 07.2.15/10344 written explanations to Batys tranzit of money deficiency reasons and measures being undertaken by the company to ensure the coupon payment on March 30, 2009 on placed bonds. The explanations (letter to Batys transit of November 17, 2008 # 863) are available on KASE website at http://www.kase.kz/files/mix/Letter_bttr_171108.pdf References to documents on this topic: - KASE news of November 13, 2008 "ATFBank informed on funds deficiency in Batys tranzit for payment of the upcoming coupon on bonds KZ2CKY13B996 (BTTRb1)" http://www.kase.kz/ru/news/show/1060315 - letter of ATFBank of November 13, 2008 # 07.2.15/10344 - http://www.kase.kz/files/emitters/BTTR/bttr_atfb_131108.pdf - KASE news of November 13, 2008 "ATFBank expresses its opinion on Batys tranzit infrastructural bonds" - http://www.kase.kz/ru/news/show/1060313 - letter of ATFBank of November 11, 2008 # 07.2.15/10278 - http://www.kase.kz/files/emitters/BTTR/bttr_atfb_111108.pdf - KASE news of November 13, 2008 "Batys tranzit disputes the opinion of the Ministry of Finance on its infrastructural bonds (addition)" - http://www.kase.kz/ru/news/show/1060277 - KASE news of November 12, 2008 "Batys tranzit disputes the opinion of the Ministry of Finance on its infrastructural bonds" - http://www.kase.kz/ru/news/show/1060221 - letter of Batys tranzit of November 10, 2008 # 834 http://www.kase.kz/files/emitters/BTTR/bttr_101108.pdf - KASE news of November 5, 2008 "the Ministry of Finance of Kazakhstan considers necessary to prohibit further issue of Batys tranzit infrastructural bonds" - http://www.kase.kz/ru/news/show/1059720 - letter of the Ministry of Finance of the Republic of Kazakhstan of October 28, 2008 # DG3-3/11082 - http://www.kase.kz/files/emitters/BTTR/bttr_minfin_281008.pdf - resolution of the Government of the Republic of Kazakhstan "On Introduction of Changes and Additions into the Contract of Guarantee within the Concession Agreement on Construction and Exploitation of Inter-regional Electricity Line "North Kazakhstan - Aktobe Region"" of March 18, 2008 # 264 - http://www.kase.kz/files/emitters/BTTR/bttr_post_180308.pdf - Contract of Guarantee of January 9, 2006 # 2DP002, signed between the Ministry of Finance on behalf of the Government of the Republic of Kazakhstan and ATFBank" - http://www.kase.kz/files/emitters/BTTR/bttr_090106_agr.pdf [2008-11-20]