Mortgage Organization Kazakhstan Mortgage Company announced interim results of past-due loans restructuring

/KASE, June 18, 10/ - Mortgage Organization Kazakhstan Mortgage Company (Almaty), listed in Kazakhstan Stock Exchange (KASE) official list (KASE), provided to KASE the following press release: quotation starts For here months of past-due loans restructuring action announced on March 16, 2010, Mortgage Organization Kazakhstan Mortgage Company approved 172 applications to the amount of KZT979.5 m. As a result as of June 16, 2010 the number of past-due loans decreased by 1.1% from 2.6% to 1.5% from the total number of hypothecary loans. The number of pas-due loans in Almaty where were issued 27% of all loans decreased by 0.6% from 1% to 0.4%, and in remaining regions by 0.5% from 1.6% to 1.1%. The application to get an additional alternative schedule without penalties accrual borrowers may submit till September 1, 2010. At borrowers will, which confirmed their insolvency, the past-due debt can be capitalized or depreciated to 36 months with a penalty writing off. If needed a borrower can delay payment up to 1 year. This action covers all loans redeemed by Mortgage Organization Kazakhstan Mortgage Company without the buy back obligation and loans in the company trust managing. At present Mortgage Organization Kazakhstan Mortgage Company issued housing loans to about 24 thousand of people. For contacts: Katerina Tretyakova Head of PR and Advertisement Department 8 (727) 341-72-22 ext. 141, 8 (777) 263 15 40 quotation ends [2010-06-18]