/REPETITION/ KASE FORMS LISTS OF LIQUID AND ILLIQUID SHARES FOR Q2 2010 TO APPLY REGULATIONS ON TRADE AND CONFIRMATION SYSTEM OPERATION

/KASE, April 1, 10, March 19, 10 news repetition/ - Kazakhstan Stock Exchange (KASE) formed lists of liquid and illiquid shares listing on KASE to apply KASE internal document "Regulations on trade and confirmation system operation" (the Regulations). The Regulations say beginning January 1, 2010 illiquid shares will be trading on business days 15:00 p.m. through 17:00 p.m. Almaty time, liquid shares will be trading 11:30 a.m. through 17:00 p.m. Almaty time. Share uninterrupted counter- direct auction trade shall be switched to wait mode when bids and asks match or cross, when the proposed deal price differs from the last deal price in the shares 10 % on liquid shares and 5 % on illiquid shares. To build the lists in accordance with the Methodology for securities liquidity indicators (the Methodology): - Share liquidity parameters were calculated for periods September 1 through November 30, 2009 and December 1, 2009 through February 28, 2010; - The KASE Board on March 11, 2010 set a threshold liquidity value at 0.7. Liquid shares include stocks liquidity values for which for the two indicated periods are not less than the threshold value. In addition, in accordance with item 16 of the Methodology the KASE Board recognized as liquid common shares KZ1C34920013 ("Unlisted securities", BTAS) of BTA Bank. See the liquid and illiquid shares lists below effective through Q2 2010. in accordance with the Methodology the lists of liquid and illiquid shares shall be revised on a quarterly basis. Liquid shares: 1) common shares of BTA Bank (BTAS); 2) common shares of Bank CenterCredit (CCBN); 3) common shares of EURASIAN NATURAL RESOURCES CORPORATION PLC (GB_ENRC); 4) common shares of KAZAKHMYS PLС (GB_KZMS); 5) common shares of Halyk Savings Bank of Kazakhstan (HSBK); 6) common shares of Kazkommertsbank (KKGB); 7) preferred shares of Kazkommertsbank (KKGBp); 8) common shares of Kazakhtelecom (KZTK); 9) preferred shares of Kazakhtelecom (KZTKp); 10) common shares of Exploration and Production KazMunaiGas (RDGZ). Illiquid shares: 1) common shares of AMF Group (AKFI); 2) preferred shares of SNPS - Aktobemunaigas (AMGZp); 3) common shares of ASIA AUTO (ASAV); 4) common shares of Astana-Nedvizhimost (ASND); 5) preferred shares of Astana-Nedvizhimost (ASNDp); 6) common shares of ASIA SAKHAR (ASSA); 7) common shares of ASTEL (ASTL); 8) common shares of Astana Gas Service (ASZS); 9) common shares of ATFBank (ATFB); 10) common shares of Aktobe oil equipment plant (AZNO); 11) common shares of Bayan Sulu (BSUL); 12) common shares of Chimpharm (CHFM); 13) preferred shares of Chimpharm (CHFMp); 14) common shares of Kaspi Bank (CSBN); 15) preferred shares of Kaspi Bank (CSBNp); 16) common shares of Mortgage company DAMU (DAMU); 17) common shares of Danabank (DNBN); 18) common shares of ECOTON+ (EKTN); 19) common shares of Eximbank Kazakhstan (EXBN); 20) preferred shares of Eximbank Kazakhstan (EXBNp); 21) preferred shares of Halyk Savings Bank of Kazakhstan (HSBKp); 22) preferred shares of Halyk Savings Bank of Kazakhstan (HSBKp1); 23) common shares of Kant (KANT); 24) common shares of Kazakhstan Stock Exchange (KASE); 25) common shares of Atameken-Agro (KATR); 26) preferred shares of Atameken-Agro (KATRp); 27) common shares of Karaganda asbestos and cement plant (KAZI); 28) preferred shares of Karaganda asbestos and cement plant (KAZIp); 29) common shares of Kazinvestbank (KIBN); 30) common shares of Insurance company Kommesk - Omir (KMSO); 31) common shares of RT Holding (KSMK); 32) preferred shares of RT Holding (KSMKp); 33) common shares of Mortgage organization Kazakhstan Mortgage Company (KZIK); 34) common shares of Halyk Bank of Kazakhstan's subsidiary Halyk - Kazakhinstrakh (KZIS); 35) common shares of Kazakstan Processing centre (KZPC); 36) preferred shares of Kazakstan Processing centre (KZPCp); 37) common shares of KazTransCom (KZTC); 38) preferred shares of KazTransCom (KZTCp); 39) common shares of BTA Bank's subsidiary Insurance company London- Almaty (LNAT); 40) common shares of Lancaster Petroleum (LNPT); 41) common shares of Mangistaumunaigas (MMGZ); 42) preferred shares of Mangistaumunaigas (MMGZp); 43) common shares of Mangistau electricity distribution network company (MREK); 44) common shares of Delta Bank (NFBN); 45) common shares of Nurbank (NRBN); 46) preferred shares of Nurbank (NRBNp6); 47) common shares of Insurance company Pana Insurance (PAIN); 48) common shares of PAVLODARENERGO (PDEN); 49) common shares of Pavlodar electricity distribution network company (PDES); 50) common shares of Premier Strakhovanie (PRIN); 51) common shares of Rakhat (RAHT); 52) common shares of Finance company REAL-INVEST.kz (REAL); 53) preferred shares of Finance company REAL-INVEST.kz (REALp); 54) common shares of RTS Decaux (RTCP); 55) common shares of SAT & Company (SATC); 56) common shares of Shymkent Munai onimdery (SHMO); 57) common shares of Shubarkol komir (SHUK); 58) common shares of SENIM BANK (SNBN); 59) common shares of Temirbank (TEBN); 60) preferred shares of Temirbank (TEBNp); 61) common shares of Temirleasing (TMLZ); 62) common shares of Tsesnabank (TSBN); 63) preferred shares of Tsesnabank (TSBNp); 64) preferred shares of Corporation Tsesna (TSNAp); 65) common shares of Ust-Kamenogorsk titanium and magnesium combine (UTMK); 66) preferred shares of Ust-Kamenogorsk titanium and magnesium combine (UTMKp); 67) common shares of Joint-stock real estate investment fund Velikaya Stena (VSTN); 68) common shares of Kazcat (ZERD); 69) preferred shares of Kazcat (ZERDp); 70) common shares of KTRH ZANGAR (ZNGR); 71) preferred shares of KTRH ZANGAR (ZNGRp). Lists of liquid and illiquid shares for Q2 2010 are available at http://www.kase.kz/files/normative_base/likvid_2.pdf The Regulations are available at http://www.kase.kz/files/normative_base/reglament_trade_eng.pdf The text of the Methodology is available at http://www.kase.kz/files/normative_base/metodika_liquid_eng.pdf Earlier KASE released related news: - On December 2, 2009 "KASE amends Regulations on trade and confirmation system operation" - http://www.kase.kz/en/news/show/1090152 - November 4, 2009 "TRADE DAY FOR ILLIQUID SHARES TO BE SHORTENED" - http://www.kase.kz/en/news/show/1087643 - May 15, 2009 "JUNE 1 through October 1, 2009 KASE to test shorter trade day for illiquid shares" - http://www.kase.kz/en/news/show/1073901 [2010-04-01]