Extraordinary general meeting of shareholders of Doszhan Temir Zholy (DTZ) (Kazakhstan), scheduled for December 10, 2008 not held

30.12.08 17:37
/KASE, December 30, 08/ - ATFBank (Almaty), a representative of holders of infrastructure bonds KZ2CKY23B672 (KASE official list, the second subcategory of the Non-rated debt securities category, DTJLb1; KZT1,000, KZT30.0 bn.; 02.08.05 - 02.08.28, annual coupon indexed to inflation rate, 19.95 % APR as for the current coupon period, 30/360) of Doszhan Temir Zholy (DTZ) (Almaty), provided Kazakhstan Stock Exchange (KASE) with a copy of letter No. 529 of Doszhan Temir Zholy (DTZ) dated December 25, 2008 of the following content: Quotation beginning We inform that the extraordinary general meeting of shareholders of Doszhan Temir Zholy (DTZ) was held December 10, 2008. The issue of increase of authorized stock of the company had to be considered at the meeting. However, representatives of one of the shareholders did not participate in the meeting. In this connection, taking into account, item 2 of article 12 of the Company Charter saying decisions of the general meeting of shareholders in issues considered by the general meeting of shareholders must be made by qualified majority of the total number of voting stock of the company the issues of the agenda were not considered and voting thereon was not held. Therewith, on December 24, 2008 the Government of RK adopted resolution No. 1236 on allocation to the Ministry of Economy and Budget Planning of RK from the reserve funds of the Government of RK as planned in the republican budget for 2008 for emergency needs of KZT3.090 bn. to increase authorized capital of Fund of National Wellbeing Samruk-Kazyna (hereinafter - the Fund) for purposes of implementation of the concessionary project "Construction and Operation of New Railway "Shar - Ust-Kamenogorsk". Currently, in compliance with the aforementioned resolution the Fund is taking procedural measures on capitalization of Doszhan Temir Zholy. It is planned that the infrastructure bonds coupon interest debt will be redeemed before or on January 31, 2009. Quotation end Subject matter related links: - KASE news of December 26, 2008 "Doszhan Temir Zholy (DTZ) (Kazakhstan) informs KASE on terms of payment of coupon interest on bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/ru/news/show/1063321 - KASE news of December 11, 2008 "MEBP informs on results on monitoring of technical default on bonds of Doszhan Temir Zholy (KZ2CKY23B672, DTJLb1)" - http://www.kase.kz/ru/news/show/1062360 - KASE news of December 4, 2008 "ATFBank provides KASE with plan on measures of Doszhan Temir Zholy (DTZ) (Kazakhstan) on redemption of debt before holders of bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/ru/news/show/1061909 - letter No. 445 of Doszhan Temir Zholy (DTZ) of November 14, 2008 - http://www.kase.kz/files/mix/dtjl_letter_141108.pdf - KASE news of September 26, 2008 "Doszhan Temir Zholy (DTZ) (Kazakhstan) provides KASE with explanations on default on bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/news/show/1056957 - KASE news of August 18, 2008 "ATFBank informs on default of Doszhan Temir Zholy (DTZ) (Kazakhstan) on bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/news/show/1054368 - KASE news of July 28, 2008 "ATFBank informs on temporary shortage of money at Doszhan Temir Zholy (DTZ) for coupon payment on bonds KZ2CKY23B672 (DTJLb1)" - http://www.kase.kz/news/show/1052979 We remind, besides Doszhan Temir Zholy (DTZ), four more KASE listing companies informed on inability to fully or partially comply with obligations before bondholders on coupon payment: - Almaty Distillery Plant (Almaty) - on bonds KZ2C0Y05C523 (KASE official list, the second subcategory of the Non-rated debt securities category, ALVZb1, KZT1,000; KZT2.0 bn.; 04.05.07 - 04.05.12; semiannual coupon indexed to inflation rate, 13.00 % APR as for the reporting period; 30/360) for the period May 4 through November 4, 2008; - ICKE CAT COMPANY (Almaty) - on bonds KZ2C0Y07C321 (KASE official list, the second subcategory of the Non-rated debt securities category, ISKEb1; KZT1,000, KZT1.0 bn.; 15.12.06 - 15.12.13, semiannual coupon 10.00 % APR; 30/360) for the period June 15 through December 15, 2008; - ROSA (Pavlodar) - on bonds KZ2CKY05C040 (KASE official list, the second subcategory of the Non-rated debt securities category, ROSAb2; KZT1,000, KZT1.8 bn.; 18.05.06 - 18.05.11, semiannual coupon indexed to inflation rate, 11.00 % APR as for the reporting period; 30/360) for the period May 18 through November 18, 2008; - Transstroimost (Almaty region) - on bonds KZ2CKY05B950 (KASE official list, the first subcategory of the Non-rated debt securities category, TSSMb1; KZT100, KZT5.0 bn.; 06.04.06 - 05.04.11, semiannual coupon indexed to inflation rate, 12.00 % APR as for the reporting period) for the period April 6 through October 6, 2008. KASE reminds that in compliance with the Exchange internal document "Rules of Exchange Information Dissemination", KASE is not responsible for authenticity of disseminated information on the Exchange members and securities issuers, admitted to circulation on the Exchange, if this information is based on messages and documents received by the Exchange from these members and securities issuers in pursuance of their obligations to the Exchange. KASE shall not validate the mentioned messages and documents when developing this information. Persons, willing to refute the information, published in this message, must apply to KASE by a corresponding official letter. [2008-12-30]