/KASE, February 19, 10/ - To avoid any possible claims to Kazakhstan Stock Exchange (KASE) in regard of credibility of the information on securities and issuers published thereby, and KASE member-related information, KASE states as follows.

In relation to the mentioned information KASE internal documents established the following norms.

In compliance with KASE internal documents "Listing rules":

• admittance initiators are responsible for provision to KASE quarterly and annual reports on listing companies' activities, current information on such activities and other information on events significant for investors;
• admittance initiator is responsible for reliability, completeness and timeliness of disclosure of information issuer activities;
• KASE incurs no responsibility in case an admittance initiator provides inaccurate or false information, or information misleading a potential investor in regard of issuer operation and issuer securities, or fails to disclose such information.

In compliance with KASE internal document "Rules on Exchange Information Dissemination":

• the information, received by KASE from admittance initiators and securities issuers in pursuance of their obligation on the information disclosure, is disseminated as news, containing quotes of full texts or the most important parts of documents or communicating the sense of documents as close as possible to texts, scanned images of documents and in other forms at KASE's discretion, which do not distort documents content or make it impossible reading by means of generally accessible software;
• KASE is not responsible for reliability of general information disseminated thereby on KASE members and information on issuers, admitted to circulation on KASE, in case such information is based on messages and documents received from KASE members, admittance initiators and issuers in pursuance of their obligations to KASE, in response to KASE requests or at the initiative of KASE members, admittance initiators and issuers;
• KASE does not check reliability of messages and documents, mentioned in the previous paragraph;
• mainly KASE will release such information on KASE website (www.kase.kz).

Based on the above mentioned, KASE may release information in any form, including in the form of news:

(and use only official information, received in the form of admittance initiators' quarterly and annual reports, financial statements, auditors' reports, data on listing shares and shareholders, copies of certificates, letters, press releases and on other possible formats;

(always indicate the information source;

(never check reliability of the information, resting the entire responsibility for such reliability with the information source;

(never assert that an event occurred, but refers to the existing information source notice on this event;

(reproduce the information word-for-word (with quotations, placing the documents with URL-links) or communicate the information sense closely to its original text;

(reserve the right to edit the information to ensure observance of grammatical and semantic norms and to ensure compliance of terms and phrases with the legislation and KASE internal documents.

The same principles are used by KASE when it publishes on its website the information on the financial market received by KASE from various persons (e.g., securities market professional participants and government agencies), interested in this information dissemination via KASE as one of the most efficient Kazakhstan channels of public awareness on the financial market events. Given this, KASE abstains from publication of the information, provided by unknown for KASE persons (including those calling themselves financial institutions investors or clients), which can not be checked by KASE and may be considered as insinuation, slander, unreliable or libel.

Persons, capable and willing to disprove published by KASE information, must address KASE with the corresponding official letters, considered by KASE at earliest possible date.

Rules on Exchange Information Dissemination are published on KASE website at see more

[2010-02-19]