/KASE, August 4, 09/ - ATFBank (Almaty), the representative of holders of
infrastructural bonds KZ2CKY23B672 (KASE official list Non-rated Debt
Securities second subcategory, DTJLb1; KZT1,000, KZT30.0 bn; August 2, 05 -
August 2, 28, the semi-annual coupon indexed at the inflation rate, 19.95 % APR
for the reporting coupon period, 30/360) of Doszhan Temir Zholy (DTZ)
(Almaty), informed Kazakhstan Stock Exchange (KASE) by the official letter that
Doszhan Temir Zholy (DTZ) does not have funds for the next coupon interest
payment on its bonds (NIN KZ2CKY23B672) for August 2, 08-August 2, 09".
According to mentioned bonds issue prospectus Doszhan Temir Zholy (DTZ)
must pay the fourth coupon interest on August 2-14, 2009. The prospectus
stipulates that "in case of a default the company pays bond holders a fine foe
each day of delay at the official refunding rate of the National Bank of the
Republic of Kazakhstan on obligations fulfillment day".
The letter of ATFBank of August 3, 2009 # 07.2.15/9740 is published on KASE
website at
http://www.kase.kz/files/mix/atfb_letter_09_08_03.pdf
We remind that mentioned bonds were issued by Doszhan Temir Zholy (DTZ) to
get funds for the project "New Railway Station Shar - Ust-Kamenogorsk
Construction and Exploitation" implementation.
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 does not validate
the mentioned messages and documents when developing this information.
Individuals, willing to refute the information, published in this message, must
apply to KASE by a corresponding official letter.
[2009-08-04]