/REPETITION/ HALYK FINANCE AND VISOR CAPITAL PROVIDED TO KASE OFFICIAL NOTIFICATION OF START OF ORDER ACCEPTANCE FOR IPO OF NC KAZMUNAYGAZ GLOBAL BONDS

03.11.10 13:51
/KASE, November 3, 10/ - Subsidiary organization of Halyk Bank of Kazakhstan - Halyk Finance (Almaty) and VISOR Capital (Almaty), which are Kazakhstan-based lead managers for upcoming international bonds of National Company KazMunayGas (Almaty), provided today to Kazakhstan Stock Exchange (KASE) an official notification of the start of acceptance of orders from KASE stock market members for participation in the proposed placement of the Issuer's first-issue bonds registered in accordance with foreign state's legislation. quote Herewith Kazakhstan Stock Exchange announces the start of acceptance of orders from Exchange members for participation in the IPO of Eurobonds of National Company KazMunayGaz (the Issuer) issued under its USD7.5 bn mid-term notes issue Programme (Bonds) and registered in accordance with foreign state's legislation. The acceptance of orders from potential investors on the organized market of the Republic of Kazakhstan will commence simultaneously with the placement of the Bonds in the foreign state's territory, taking into account possible specifics inherent to relevant securities markets. BONDS' PARAMETERS: -------------------------------- ----------------------------------------- Issuer's Name: JSC National Company KazMunayGaz Short description of bonds: Global senior unsecured bonds, issued according to Rule 144А and Provision S Face value of one security $200,000 or larger face value, multiple of $1,000 Expected maturity date: April 2021 Expected ratings: Baa3 (Moody's) and BBB- (Fitch) Mortgage: Unsecured Issue and service currency: US dollar Additional information: Bonds Issue Prospectus is available in English on the web-site of Kazakhstan Stock Exchange at http://www.kase.kz/files/emitters/KMGZ/kmgzf9e1_2010_e.pdf -------------------------------------------------------------------------- PROCEDURE OF OFFERRING BONDS FOR BUYERS IN KAZAKHSTAN: -------------------------------------------------------------------------- Orders acceptance day: November 3, 2010 Beginning of orders acceptance: 12:00 Almaty time End of orders acceptance: 15:00 Almaty time Orders submission method: Closed Expected date of fixing of price November 4, 2010 and investors' orders satisfaction: Expected settlement date: November 10, 2010 Terms and conditions of As of date of settlement, the buyer settlements: of the Bonds must ensure availability of funds required to pay for purchased Bonds at brokerage accounts with Halyk Finance, VISOR Capital or accounts at other qualified brokers or custodians, as well as provide all necessary settlement instructions. -------------------------------------------------------------------------- We kindly ask you to send your written orders drawn up according to the form published on KASE official website (http://www.kase.kz/files/mix/kmgze_order_form_101103.doc ), to the following address: 050020, Almaty, Dostyk blvd. 291/3a and by fax to number (+7 727) 250 77 79, and to e-mail: trade@kase.kz. Please send your inquiries to the following contacts at Halyk Finance and VISOR Capital: Halyk Finance: Farkhad Okhonov (tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail: farhado@halykbank.kz), Visor Capital: Indira Kaliskarova (tel. 8 (727) 356-07-77, fax 8 (727) 356-07-78, e-mail: imk@visocap.com). NOT FOR PUBLIC DISTRIBUTION OR PUBLICATION, WHETHER DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA Credit Suisse Securities (Europe) Limited, The Royal Bank of Scotland plc and UBS Investment Bank are Joint Lead Managers and Book-runners, and Halyk Finance and VISOR Capital are Kazakhstan-based Lead Managers of the Issue. By accepting delivery of this press release you will be deemed to have represented, agreed and acknowledged either that you are (i) a qualified institutional buyer, as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and are also a qualified purchaser, as defined in section 2(a)(51) of the U.S. Investment Company Act of 1940, as amended, or (ii) a non-U.S. Person (as defined in Regulation S under the Securities Act). ANY FORWARDING, DISTRIBUTION OR REPRODUCTION OF THIS PRESS RELEASE IN WHOLE OR IN PART IS PROHIBITED. FAILURE TO COMPLY WITH THIS DIRECTIVE OR ANY OF THE OTHER RESTRICTIONS SET FORTH HEREIN MAY RESULT IN A VIOLATION OF THE SECURITIES ACT OR THE APPLICABLE LAWS OF OTHER JURISDICTIONS. This press release does not constitute or form a part of an offer of Securities for sale in the United States (including its territories and possessions, any State of the United States and the District of Columbia). Securities may not be offered or sold into the United States absent registration or an exemption from registration as provided in the Securities Act, and the rules and regulations thereunder. There is no intention to register any portion of any offering of Securities in the United States of America or to conduct a public offering of Securities in the United States. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful absent registration, an exemption from registration or qualification under the securities laws of any such jurisdiction. The distribution of this press release may be restricted by law in certain jurisdictions and persons into whose possession this press release or other information referred to herein comes should inform themselves about and observe any such restriction. This document is not a prospectus and, to the extent that it may constitute an advertisement, does not constitute an offer to sell or the solicitation of an offer to purchase Securities. Investors should not subscribe for any Securities referred to herein except on the basis of the information contained in the base prospectus relating to the Programme, as supplemented by the applicable final terms and any pricing sheet relating to the offering of such Securities. This communication is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). Any offering of Securities will only be made available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such Securities will be engaged in only with, relevant persons. The Joint Lead Managers are acting for KMG and no one else in connection with any offering of Securities and will not be responsible to anyone other than KMG for providing the protections afforded to clients of the Joint Lead Managers nor for providing advice in connection with such offering NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA. ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER ELECTRONIC TRANSMISSION. unquote [2010-11-03]