HALYK FINANCE AND BCC INVEST START ACCEPTING ORDERS FOR PROPOSED INITIAL OFFERING OF BONDS KZ2C0Y05E065 (KASTB3) OF HOLDING KAZEPORTASTYK AT KAZAKHSTAN'S UNORGANIZED MARKET

20.10.11 17:41
/KASE, October 20, 11/ - Halyk Finance, a subsidiary of Halyk Savings Bank of Kazakhstan, and BCC Invest, a subsidiary of Bank CenterCredit (Almaty), who are underwriters for bonds KZ2C0Y05E065 (KZ2C00001634, KASE official list, Rated Debt Securities category, KASTb3) of Holding KAZEXPORTASTYK (Astana), have provided Kazakhstan Stock Exchange (KASE) with the following communique today: quote Herewith JSC Halyk Finance and JSC BCC Invest announce accepting of orders from brokers and investors intending to participate in the proposed initial offering of the third issue bonds of Holding KAZEXPORTASTYK (Issuer) at the unorganized market of the Republic of Kazakhstan. BONDS PARAMETERS: ------------------------------- --------------------------------------------- Issuer name: JSC Holding KAZEXPORTASTYK ------------------------------- --------------------------------------------- Issuer rating: Standard & Poor's: B/Stable ------------------------------- --------------------------------------------- Short description of bonds: Unsecured coupon bonds ------------------------------- --------------------------------------------- ID No.: KZ2C0Y05E065 ------------------------------- --------------------------------------------- Total number of bonds on offer: 20,000,000 units (this volume may be increased at Issuer's disposal) ------------------------------- --------------------------------------------- Face value of one security: KZT1,000 ------------------------------- --------------------------------------------- Yield to maturity at offering: 10% APR ------------------------------- --------------------------------------------- Expected settlement date: October 31, 2011 ------------------------------- --------------------------------------------- Dirty offering price corresponding with the yield to maturity at offering and expected settlement date (see above): KZT968.7595 per bond ------------------------------- --------------------------------------------- Coupon interest on bonds: fixed, 8.5% APR ------------------------------- --------------------------------------------- Coupon payment frequency: twice a year during bonds circulation ------------------------------- --------------------------------------------- Time base: 360 days in a year and 30 days in a month ------------------------------- --------------------------------------------- Circulation start: Date of inclusion of securities into Kazakhstan Stock Exchange official list, July 18, 2011 ------------------------------- --------------------------------------------- Circulation term: 5 years from circulation start ------------------------------- --------------------------------------------- Expected rating of the bonds: B/ Rating Watch Negative (Fitch) ------------------------------- --------------------------------------------- Currency of issue and service: tenge ------------------------------- --------------------------------------------- Restrictions (covenants), - keeping the maximum value at whose violation the investor of financial liabilities to equity at 2.0 may claim from the Issuer - restriction on alienation of fixed assets early buyback of bonds to the amount exceeding 10% of assets at face value - restriction on arrest of assets to the amount exceeding 50% of assets - absence of facts of cross-default on other financial liabilities to the amount of 10% and more of assets - ban on changing the character and type of main activity - presence of bonds in the trade organizer's official list ------------------------------- --------------------------------------------- Additional information: the bonds' issue prospectus is available on website of JSC Kazakhstan Stock Exchange at http://www.kase.kz/files/emitters/KAST/kastf9b3_2011.pdf amendments to the bonds' issue prospectus in English can be seen on website of JSC Kazakhstan Stock Exchange at http://www.kase.kz/files/emitters/KAST/kastf9b3_ism_191011.pdf ----------------------------------------------------------------------------- PROCEDURE OF OFEFRING BONDS FOR PURCHASE: ----------------------------------------------------------------------------- Trading method: Subscription by way of concluding a purchase-sale agreement with the Issuer ------------------------------- --------------------------------------------- Date and time of start of accepting orders: October 20, 2011, 17:00 o'clock (Almaty time) ------------------------------- --------------------------------------------- Expected date and time of end of accepting orders: October 28, 2011, 18:00 o'clock (Almaty time) ------------------------------- --------------------------------------------- Orders submission method: closed ------------------------------- --------------------------------------------- Settlement terms: by the settlement date the bonds' buyer must ensure availability of money to pay for the bonds he bought in his account or broker's account, as well as present all necessary payment instructions. ----------------------------------------------------------------------------- Orders drawn up in the form published today on its website on KASE website, at ( http://www.kase.kz/files/mix/kastb3_order_form_2011_10.doc ) please send in written to the following addresses: JSC "Halyk Finance", 19/1 Al-Farabi ave., Business Center Nurly Tau, block 3Б, 6th floor, 050013 Almaty, as well as at e-mail FarhadO@halykbank.kz JSC "BCC Invest", 100 Shevchenko str., 5th floor, 050022 Almaty, as well as at e-mail jgoloshapova@bcc-invest.kz With all relevant quesries and for additional information please turn to the following reopresentatives of JSC "Halyk Finance" and JSC "BCC Invest": JSC "Halyk Finance": Farkhad Ohonov (tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail: FarhadO@halykbank.kz), Yulia Feller (tel. 8(727) 330-62-12, fax 8 (727) 259-05-93, e-mail: FellerY@halykbank.kz) JSC "BCC Invest": Yulia Goloshapova (tel. 8 (727) 259-85-98 (ext. 7299), fax 8 (727) 244-32-31, e-mail: jgoloshapova@bcc-invest.kz). unquote [2011-10-20]