/KASE, February 2, 09/ - From February 1, 2009, the Risk Committee of
Kazakhstan Stock Exchange (KASE) determined new parameters of shares,
included into the KASE index representative list - stake of free floating shares
and the restrictive coefficient.
Below is represented the table, in which the new and acting till February 1
parameters of shares, influencing on KASE index are given.
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Effective from February 1, 2009 Effective before February 1, 2009
------------- --------- ------------- ------------ -------- -----------
Number of free Restrictive Number of free Restrictive
Share offered float coefficient offered float coefficient
code shares (Fi), % (Ri) shares (Fi), % (Ri)
------- ------------- --------- ------------- ------------ -------- -----------
BTAS 8,370,625 27.5 1.0000000000 8,370,625 26.6 0.8007343
CCBN 144,480,531 33.1 0.9874756000 130,316,695 31.3 1.0000000
GB_KZMS 454,954,288 23.5 0.4955041000 535,240,338 31.2 0.4906251
HSBK 980,020,047 28.6 1.0000000000 984,016,660 28.9 1.0000000
KKGB 574,626,468 46.8 0.3142011000 574,838,474 46.8 0.4576706
KZTK 10,922,876 24.7 1.0000000000 10,922,876 24.7 1.0000000
RDGZ 70,220,935 38.6 0.0870108000 70,220,935 38.6 0.2102289
TEBN excluded from the representative list 19,067,000 23.2 1.0000000
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In addition, by the mentioned decision of the Risk Committee from February 1,
2009, at calculation of KASE index will be used the new adjustment coefficient
(K) value - 1.4670097. Before the mentioned date K equaled 1.0097936.
NOTES TO THE TABLE
KASE index - index of KASE shares market, which indicates the change of
prices on deals in shares of the index representative list considering the
capitalization level of their issuer and the number of free floating shares,
Given this the unit weight of share price of each denomination in the index
value can not exceed 15%. KASE index is calculated in the real-time mode after
conclusions of each deal with shares of those denominations that are in the
representative list for this index calculation. If no deals were made, which
parameters are needed for KASE Index calculation, results of last effective
trade session are used.
The Methodology of index calculation is regulated by KASE internal document
"Methodology of Stock Market Indices Calculation"
at
http://www.kase.kz/files/normative_base/indicators_met.pdf.
The index page is accessible at
http://www.kase.kz/ru/index_kase
Share code reflects: a security issuer code, traded on KASE (the first 4 symbols
- common shares code) share category (if the fifth symbol - "p", preferred share);
shares issue serial number (if necessary, the sixth digital symbol). Codes of
issuers: BTAS - BTA Bank; CCBN - Bank CenterCredit; GB_KZMS -
KAZAKHMYS PLC; HSBK - Halyk Savings Bank of Kazakhstan; KKGB -
Kazkommertsbank; KZTK - Kazakhtelecom; RDGZ - KazMunaiGas Exploration
Production; TEBN - Subsidiary of Bank TuranAlem Temirbank.
Number of offered shares - the parameter, which is determined by KASE
independently based on the data of the extract from shareholders registers
system of the listed company or the company's information as the number of the
listed company offered shares, excluding re-purchased shares. KASE considers
at calculation of KASE index that value of the number of offered shares, which is
confirmed by available on KASE documents.
Free float (Fi), % - parameter, which is determined by KASE as the number of
shares, not belonging to the government, management of the issuer or
shareholders, owning more than 5% from total amount of common shares of the
given issuer, excluding shareholders, concerning which by Risk Committee of
KASE was accepted the decision that given shareholders are not considered as
strategic (institutional investors, nominal holders, executing the functions of
settlements servicing, etc.).
Restrictive coefficient (Ri) - the parameter, limiting the stake of influence of
each share on the index value up to 15%.
[2009-02-02]