KASE trade volume, including STF RFCA, grows 2.1 times, reaches KZT6,359.5 bn. (USD52.7 bn.) at KZT8,043.0 bn. (USD66.7 bn.) turnover in December 2008

/KASE, January 19, 09/ - In December 2008 trade volume on Kazakhstan Stock Exchange (KASE) in all market sectors, including the special trading floor of the Regional Financial Center of Almaty (STF RFCA), reached KZT6,359.5 bn. (USD52,699.7 m.) and grew relative to the previous month by 2.1 times (2.0 times in dollar terms), and 2.9 times (2.9 times in dollar terms) as compared to December 2007. KASE exchange (calculated) turnover reached in December 2008 KZT8,043.0 bn. (USD66,660.0 m.) growing as compared to the previous month by 78.2 % (77.4 % in dollar terms). The following table specifies trade volume (calculated on attracted sums) in December 2008 with breakdown into market sectors (with account to direct deals; GS - government securities; CS - corporate serial securities; corporate bonds - corporate serial debt securities; "nego" repo - repo transactions carried out by "nego" method (with conclusion of repo opening and closing nego deals) autorepo - repo transactions carried out by "automatic" method; no deals were concluded on FGS, IFO bonds and notes markets. The exchange (calculated) turnover (calculated on all executed opening and closing deals executed) is provided for currency swap and repo transactions. -------------------------------------------------------------------------------- December November Trend ----------------- ------------------- ------------------- Exchange trade struc- trade struc- measure market sector volume ture, % volume ture, % currency % ---------------------- -------- -------- -------- ---------- --------- --------- KZT bn. ---------------------- -------- -------- -------- ---------- --------- --------- Foreign currency 4,376.0 68.8 1,478.9 47.8 +2,897.1 +195.9 including: spot-market 4,375.4 68.8 1,478.9 47.8 +2,896.5 +195.8 swap-market 0.6 <0.1 n/a X X X at exchange turnover* 1.2 X X X X X ---------------------- -------- -------- -------- ---------- --------- --------- Kazakhstan GS 126.7 2.0 96.4 3.1 +30.3 +31.4 including: primary market 56.1 0.9 45.1 1.5 +10.9 +24.2 secondary market 70.6 1.1 51.3 1.7 +19.3 +37.7 ---------------------- -------- -------- -------- ---------- --------- --------- Shares 63.2 1.0 27.2 0.9 +36.0 +132.3 including on STF RFCA 5.1 0.1 0.03 <0.1 +5.0 +15,056.1 ---------------------- -------- -------- -------- ---------- --------- --------- Corporate bonds 50.1 0.8 36.6 1.2 +13.5 +36.9 including on STF RFCA 0.6 <0.1 0.1 <0.1 +0.5 +649.8 ---------------------- -------- -------- -------- ---------- --------- --------- Repo transactions 1,743.5 27.4 1,455.4 47.0 +288.2 +19.8 at exchange turnover* 3,426.5 X 2,874.6 +551.9 +19.2 including: "nego" repo on GS 45.4 0.7 39.4 1.3 +6.0 +15.2 at exchange turnover* 89.2 X 74.2 +15.0 +20.2 autorepo on GS 1,336.0 21.0 1,136.8 36.7 +199.2 +17.5 at exchange turnover* 2,602.9 X 2,243.1 +359.7 +16.0 "nego" repo on CS 130.1 2.0 126.3 4.1 +3.9 +3.1 at exchange turnover* 261.5 X 255.7 +5.7 +2.2 autorepo on CS 232.0 3.6 152.9 4.9 +79.1 +51.8 at exchange turnover* 472.9 X 301.5 X +171.4 +56.9 ---------------------- -------- -------- -------- ---------- --------- --------- Futures contracts 0 0 0.1 <0.1 -0.1 -100.0 ---------------------- -------- -------- -------- ---------- --------- --------- TOTAL trade volume 6,359.5 100.0 3,094.6 100.0 +3,264.9 +105.5 including on STF RFCA 5.7 0.1 0.1 +5.6 +4,848.4 at exchange turnover* 8,043.0 X 4,513.8 +3,529.3 +78.2 ---------------------- -------- -------- -------- ---------- --------- --------- USD m. ---------------------- -------- -------- -------- ---------- --------- --------- Foreign currency 36,253.7 68.8 12,310.6 47.8 +23,943.2 +194.5 including: spot-market 36,248.7 68.8 12,310.6 47.8 +23,938.2 +194.5 swap-market 5.0 <0.1 n/a X X X at exchange turnover* 10.0 X X X X ---------------------- -------- -------- -------- ---------- --------- --------- Kazakhstan GS 1,050.2 2.0 802.7 3.1 +247.5 +30.8 including: primary market 464.8 0.9 375.8 1.5 +89.0 +23.7 secondary market 585.4 1.1 426.9 1.7 +158.5 +37.1 ---------------------- -------- -------- -------- ---------- --------- --------- Shares 523.6 1.0 226.3 0.9 +297.3 +131.4 including on STF RFCA 42.0 0.1 0.3 <0.1 +41.7 +14,971.3 ---------------------- -------- -------- -------- ---------- --------- --------- Corporate bonds 415.1 0.8 304.5 1.2 +110.6 +36.3 including on STF RFCA 5.1 <0.1 0.7 <0.1 +4.4 +647.4 ---------------------- -------- -------- -------- ---------- --------- --------- Repo transactions 14,457.1 27.4 12,117.6 47.0 +2,339.4 +19.3 at exchange turnover* 28,412.4 X 23,934.2 X +4,478.2 +18.7 including: "nego" repo on GS 376.3 0.7 327.8 1.3 +48.5 +14.8 at exchange turnover* 739.8 X 617.9 X +121.9 +19.7 autorepo on GS 11,078.3 21.0 9,465.7 36.7 +1,612.7 +17.0 at exchange turnover* 21,584.2 X 18,677.3 X +2,906.9 +15.6 "nego" repo on CS 1,079.1 2.0 1,051.4 4.1 +27.7 +2.6 at exchange turnover* 2,168.3 X 2,129.3 X +39.0 +1.8 autorepo on CS 1,923.3 3.6 1,272.7 4.9 +650.6 +51.1 at exchange turnover* 3,920.1 X 2,509.7 X +1,410.4 +56.2 ---------------------- -------- -------- -------- ---------- --------- --------- Futures contracts 0 0 0.4 <0.1 -0.4 -100.0 ---------------------- -------- -------- -------- ---------- --------- --------- TOTAL trade volume 52,699.7 100.0 25,762.2 100.0 +26,937.5 +104.6 including on STF RFCA 47.1 0.1 1.0 <0.1 +46.1 +4,823.4 at exchange turnover* 66,660.0 X 37,578.7 X +29,081.3 +77.4 ----------------------------------------------------------------------------------- * is not taken into account in indicator "TOTAL trade volume", in the sum indicator on the exchange market sector and in indicator "including". It is to be reminded that beginning January 1, 2009 KASE switched to a new methodology on summarizing trading statistics for the reported period based on application of the two indicators: - trade volume (this is a new indicator showing total gross volume of deals); - exchange (calculated) turnover (this is a traditional indicator which was released earlier under names "volume of trades", "exchange turnover", "trade volume", "total volume of deals" and other similar in meaning names. The indicators may be distinguished on repo transactions market and currency swap transactions market, as each of such transactions are comprised of two deals - opening and closing deals. The volume of trades on repo transactions market and currency swap transactions market shall comprise only opening deals (currency swap transactions opening deals - provided such transactions are carried out in the exchange market sector specifically launched for such purposes). That is an indicator of trade volume currently shall account only sums attracted on repo transactions and currency swap transactions. The exchange (calculated) KASE turnover, as earlier, counts volumes (in tenge with subsequent recalculation in dollar equivalent) of all executed repo transactions closing deals and currency swap transactions closing deals; at that only deals falling on to the reporting period shall be accounted for. The purpose of the described changes is bringing KASE statistical reports to the standards mostly used in the world exchange practice. Results of the researches made by KASE show exchanges use the indicator of volume of trades when publishing statistics. In 2009 KASE is planning to publish both of the indicators (in comparison with existing historical date), and beginning 2010 shall release only volume of trades indicating the value of exchange (calculated) turnover in specialized cases only. [2009-01-19]