Review of key events from analysts of ASYL INVEST (Kazakhstan) on April 6, 2010

/IRBIS, March 6, 2010/ - ASYL INVEST JSC (Almaty) provided IRBIS overview of major events and their investment ideas and projections on April 6, 2010. Analysts of ASYL INVEST distinguish the following important events in the markets: - Ivanhoe Mines: The rights of shareholders and protests in Mongolia. Yesterday the company released a press release stating that the company has adopted a plan for shareholder rights, whose purpose - to ensure transparency and fairness to all shareholders in the takeover the share of the company. The plan does not deal with Rio Tinto an option to increase the share capital of the company. Under the plan, shareholders of the company will be able to properly assess the potential transaction and vote without any pressure or coercion. Nevertheless, the company's shares during yesterday's trading were under pressure. It is known that in the center of the Mongolian capital of Ulan Bator, a mass demonstration to protest against falling living standards. About 100 thousand protesters demanded the dissolution of parliament if the Government fails to distribute among the inhabitants of the country's revenues from the exploitation of national mineral resources. The initiators of the demonstration accused members of the coalition government of the Mongolian People's Revolutionary Party and Democratic Party of Mongolia in voter fraud and failure to fulfill its obligations on the distribution of dividends mining industry among the poorest people, who were to be submitted by government grants or through the creation of a special fund social assistance. "We give the authorities 72 hours to decide. In the case of ignoring the requirements of our protest will go to the next stage," - said the demonstrators. In 2009, Mongolia's ruling party almost unanimously elected the new prime minister. He became the head of the Mongolian Foreign Ministry, one of the richest people in the country, Suhbaataryn Batbold. The appointment took place some time after the adoption by Parliament resignation the previous prime minister - Sanjaagiin Bayar. The reason for his resignation - the deterioration of health. Change of leadership took place against the background of a signed contract worth $ 4 billion with companies Rio Tinto and Ivanhoe Mines to develop a gold and coal mines. It was expected that the new Prime Minister of Mongolia will be more flexible and more responsive to the interests of Russian and Chinese investors. Analysts of ASYL INVEST note that the political risks of a negative impact on the dynamics of the company. If the demonstration will continue with renewed strength, this may adversely affect the dynamics of further shares. - Moody's revised its outlook on Kazakhstan to "negative" to "Stable". International rating agency Moody's changed the outlook of the sovereign rating of Kazakhstan "Baa2" to "Stable". According to the agency for revising the outlook reflects: Х least a significant slowdown of the country, expectations that lending rates will come relatively intact from a serious banking crisis, maintaining fiscal conservatism, the government of Kazakhstan, along with an active anti-crisis program, expectations regarding the fact that the positive medium-term prospects for oil and gas industry and the growth of ties with the growing countries of Asia will support economic recovery and provide additional liquidity in the banking sector. While the news is positive, the analysts of ASYL INVEST do not expect the positive impact of this message to the country's debt, as the main factor is the issuer credit rating. In addition, the analysts of ASYL INVEST note that: - Ministry of Finance of Kazakhstan will deploy 07 апреля bonds MEOKAM- 60.33 release. Settings: volume accommodation - KZT13 billion, circulation term - 5 years, the nominal value - KZT1,000. - FNB "SamrukKazyna" coupon on the bonds SKKZb20, SKKZb19, SKKZb18, SKKZb17, SKKZb16, SKKZb15, SKKZb14, SKKZb13, SKKZb12, SKKZb11, SKKZb10, SKKZb8, SKKZb6, SKKZb9, SKKZb7, SKKZb3, SKKZb5, SKKZb4. - Bank CenterCredit reported on the replacement international Eurobond issuer CenterCredit International BV Garanti Bank CenterCredit. - Board of Directors of RT Holding has decided to restructure the coupon payments on bonds KSMKb1 and KSMKb2. It was decided to postpone the date of payment of remuneration to the month of August 2010. The given material has exclusively information character and is not the offer or the recommendation to make any transactions with the stocks. Agency "Irbis" doesn't take responsibility for the opinions which are in given material. [2010-04-06]