Auction on November 19 KASE placement of 96th issue MEKKAM-12 (KZK1KY010968) of Ministry of Finance of Republic of Kazakhstan failed

/KASE, January 21, 09/ - Kazakhstan Stock Exchange (KASE) informs: on January 21, 2009 the Ministry of Finance of the Republic of Kazakhstan attempted to place government short-term treasury obligations (MEKKAM) on the terms as below (discount bonds, Almaty time) in the exchange trading system: ISSUE PARAMETERS: ----------------------------------- ------------------------- Security type: MEKKAM-12 National identification number: KZK1KY010968 Issue order number: 96/12 KASE trade code: MKM012_0096 Nominal value, tenge: 100.00 Placement date: 21.01.09 Circulation beginning date: 21.01.09 Last circulation date: 20.01.10 Maturity date: 21.01.10 Circulation term: 365 days Time base: actual/actual ----------------------------------- ------------------------- PLACEMENT TERMS: ----------------------------------- ------------------------- Placement volume, m. tenge: 10,000.0 Subject of trade: bond price Order submission method: closed Order receipt time: 09:00-11:00 Order confirmation time: 09:00-11:30 (Т+0) Striking time: before 15:00 (Т+0) Order satisfaction method: - limited (competitive) on applied price - market (non-competitive) on weighted average price Market order satisfaction ratio, %: 70 Payment date: 21.01.09 Payment time: before 15:00 (Т+0) -------------------------------------------------------------- Participants submitted nine market orders. As on the moment of confirmation system operation finish, eight orders for purchase of 68,060,000 securities for a nominal value total of KZT6.8 bn. remained active. In the total of active orders pension market entities held 3.4 %, with STB clients holding 96.6 %. The auction has been deemed failed as no limited orders for purchase of bonds had been available. [2009-01-21]