BTA Securities, a subsidiary of Joint-Stock Company BTA Bank, provides additional data on bonds KZP01Y07D853 (SKKZb22) of Sovereign Wealth Fund Samruk-Kazyna scheduled for offering on April 5

/KASE, April 4, 11/ - Subsidiary of BTA Bank joint-stock company - BTA Securities joint-stock company (Almaty), a member of Kazakhstan Stock Exchange (KASE) stock market, has provided KASE with the following press- release: quote Herewith BTA Securities and Halyk Finance, the financial advisors and underwriters for the first bonds issue under the second bond program of JSC Sovereign Wealth Fund Samruk-Kazyna (hereinafter - the Fund), and Development Bank of Kazakhstan, the Fund's financial advisor, announce that the mentioned bonds issue is supposed to be offered at special trading on April 5, 2011, with the coupon rate defined as the cut-off parameter. The indicative level of the cut-off rate upon the special trading results is expected to be as high as 6 % APR. This bond issue was included into the Rated Debt Securities category (premium category) of Kazakhstan Stock Exchange's official list from September 24, 2010. The international rating agency Standard & Poor's assigned the said bonds issue a rating of debt liabilities in national currency at "ВВВ+". Samruk-Kazyna is a sovereign fund of the Republic of Kazakhstan with combined assets of more than USD60 bn. The Fund centrally runs own holdings of shares and stakes in the national development institutes, national companies in the country's different industries. The Fund's main activities include assistance in the modernization and diversification of the national economy, helping in stabilizing the country's economy during the crisis, as well as increasing the companies' effectiveness. The Fund is expected to go to great lengths helping the Kazakh Government by providing quickly and expediently solutions regarding the raising of investments for the economy's real sectors, gearing up of activities in the regions, strengthening of cross-industry and cross-regional ties, as well by making the most of advantages and opportunities available. Particularly for financing of investment projects of its subsidiaries, the Fund has issued bonds under the second bond programme with parameters as follows: - type of bonds: unsecured coupon bonds of the first issue under the second bond programme; - volume of issue: volume of each of the two bonds issues under the second bond programme amounts to KZT75 bn. The bond programme's total volume equals to KZT150 bn; - interest rate: the interest rate on the first bonds issue under the second bond programme is fixed for the entire circulation term and will be determined as a cut-off rate based on results of special trading which will be held on the trading floor of Kazakhstan Stock Exchange. The indicative level of the cut-off rate after the special trading is expected to be up to 6 % APR; - circulation term: the circulation term of the first issue's bonds under the second bond programme makes up 7 years after the start of circulation; - early repayment conditions: based on a decision of the Board of Directors, the Fund may early repay the bonds in full. In doing so, the Fund informs bondholders of the intended early termination of the bonds by sending an appropriate notice 10 (ten) days before the early repayment. An early repayment is made at the face value simultaneously with payment of the coupon interest calculated as at the date of the early repayment of bonds. The investors' base for these bonds issues is meant to be represented by accumulative pension funds, second tier banks and financial institutions, insurance companies, and brokerage-dealing entities. In accordance with prudential standards set for accumulative pensions funds, the Funds' debt securities were assigned the zero level risk, similarly to government securities of the Republic of Kazakhstan issued by the Ministry of Finance of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan, as well as securities issued under a guarantee of the Government of the Republic of Kazakhstan. It is supposed that the mentioned bonds issue will be offered both on the organized and unorganized markets. unquote [2011-04-04]