/CORRECTED/ BTA Securities provides additional information on proposed sale of block of BTA Bank (Kazakhstan) international bonds scheduled for August 15, 2011

09.08.11 15:24
/KASE, August 9, 11, re-sent due to BTA Securities correcting the last paragraph of its letter/ - Joint-Stock Company BTA Securities, a subsidiary of Joint-Stock Company BTA Bank (Almaty, in the heading - JSC "BTA Securities"), a member of the stock market of Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote Herewith, BTA Securities announces that a special trading session for placement of a block of BTA bank bonds belonging to LLP OIK-Stroitechsnab (hereinafter - the Seller) is scheduled for August 15, 2011, with the bonds' features as follows: ---------------------------------------------------- Type of security ISIN Number -- ------------------ ------------ ----------------- 1. Senior Notes XS0532988770 55,253,256 units 2. Subordinated Notes XS0532990677 12,519,435 units 3. Recovery Units XS0532995049 114,147,785 units ---------------------------------------------------- Selling of the mentioned block of bonds is planned as part of the Seller's bankruptcy procedures and settlement of the resulting accounts payable. Responsibilities of the bankruptcy trustee are vested in Mr. A. Akhmetov, who acts upon resolution # 5-8/1 dated January 6, 2011 of the Committee for Handling of Insolvent Debtors "ZHETYSU" covering the city of Almaty. The cut-off parameter will be the "dirty" price. It is expected that the seller will be satisfying buyers' orders similarly to English auction. Hence, buyers' orders equal to or higher than the start prices fixed by the bankruptcy trustee will be satisfied. In general, five sections of the special trading session are supposed to be held simultaneously, with the main parameters as follows: ------------------------------------------------------------------- Total start Trading value at session Type of Placement Number dirty section security volume of lots price --------- ------------------ ----------- ----------- -------------- 1. Senior Notes 55,253,256 24 lots 6,986,347,953 ISIN XS0532988770 units 2,302,219 tenge units each 2. Subordinated Notes 12,519,400 20 lots 929,193,624 ISIN XS0532990677 units 625,970 tenge units each 3. Subordinated Notes 35 units - 2,597.71 tenge ISIN XS0532990677 4. Recovery Units 114,147,600 20 lots 1,053,825,727 ISIN XS0532995049 units 5,707,380 tenge units each 5. Recovery Units 185 units - 1,707.94 tenge ISIN XS0532995049 --------- ------------------ ----------- ----------- -------------- Grand total placement volume 8,969,371,610.00 tenge ------------------------------------------------------------------- Accumulative pension funds, second tier banks and financial institutions, insurance companies, and brokerage and dealing institutions are considered as investors with regard to the mentioned bonds issues. unquote [2011-08-09]