S&P withdrew Kazmortransflot governance score at issuer's request

/Standard & Poor's, Moscow, June 04, 09/ - Standard & Poor's Governance Services said today that it has withdrawn its corporate governance score (CGS) of CGS-4+' on Kazmortransflot (JSC) (KMTF), a national maritime shipping company of Kazakhstan. The score was withdrawn at the issuer's request. Our assessment of current corporate governance practices at the company is detailed in the analytical report "Corporate Governance Score: KMTF JSC", published on May 4, 2009. Information on corporate governance scores and GAMMA scores is available at www.governance.standardandpoors.com. Alternatively, call one of the following Standard & Poor's numbers: Moscow (7) 495-783-4000/40. The opinions expressed are the independent opinions of S&P's Governance Services, a department of Equity Research Services, and do not reflect the opinions of other areas of Standard & Poor's. Standard & Poor's Corporate Governance Scores, GAMMA scores and other analytic services are performed as entirely separate activities in order to preserve the independence and objectivity of each analytic process. Contact: Elena Pastoukhova, Moscow (7) 495-783-40-94; Svetlana Borodina, Moscow (7) 495-783-40-40; Oleg Shvyrkov, Moscow (7) 495-783-40-45; GROUP E-MAIL ADDRESS: Governance@standardandpoors.com [2009-06-05]