/IRBIS, January 13, 2012/ - Below is the table of the Kazakhstan issuers' international bonds quotations according to the results of the trading day on January 12, 2012. Prices are indicated in percent, yield is indicated in percent per annum on a semi-annual basis.

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                                                    Quotations           Yield
                     Date      Date     Coupon ------- ------- ------- -------
ISIN         Of advertise Of Redemp per annum%     bid     ask     bid     ask
                     ment      tion
------------ ------------ --------- ---------- ------- ------- ------- -------
JSC ATF Bank
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XS0217138139     06.04.05  12.04.12      9.250  99.676 100.731  10.352   6.106
XS0253723281     04.05.06  11.05.16      9.000  82.014  84.088  14.773  14.030
XS0286908867     14.02.07  21.02.14      9.250  87.598  89.678  16.483  15.178
XS0274618247     03.11.06 perpetual     10.000  59.984  64.404  15.165  14.064
------------ ------------ --------- ---------- ------- ------- ------- -------
JSC Development Bank of Kazakhstan
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XS0570541317     09.12.10  20.12.15      5.500  99.205 100.264   5.728   5.423
XS0587364224     25.01.11  20.12.15      5.500 103.500 103.875   4.669   4.582
------------ ------------ --------- ---------- ------- ------- ------- -------
JSC BTA Bank
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XS0532988770     18.08.10  01.07.18     10.750  14.988  16.429  85.099  78.735
XS0532990248     25.08.10  01.07.18      3.140     n/p     n/p     n/p     n/p
XS0532989828     24.08.10  01.07.21      3.700  30.000  50.000  19.904  12.047
XS0532990834     19.08.10  01.07.25      6.750     n/p     n/p     n/p     n/p
XS0532990677     19.08.10  01.07.25      7.200   2.958   6.179 234.935 115.306
------------ ------------ --------- ---------- ------- ------- ------- -------
JSC National Savings Bank of Kazakhstan
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US40430AAC71     09.04.08  16.10.13      9.250 104.548 105.465   6.441   5.897
XS0253878051     04.05.06  13.05.13      7.750 101.500 101.500   6.551   6.551
US40430AAB98     25.04.07  03.05.17      7.250  96.335  97.445   8.111   7.845
XS0583796973     19.01.11  28.01.21      7.250  96.195  97.557   7.846   7.629
------------ ------------ --------- ---------- ------- ------- ------- -------
JSC INTERGAS-CENTRAL ASIA
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USN45748AA32     27.10.04  04.11.11      6.375 103.500 103.500   5.603   5.603
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JSC Kazkommertsbank
------------ ------------ --------- ---------- ------- ------- ------- -------
XS0167149094     11.04.03  16.04.13      8.500  99.125  99.125   9.203   9.203
XS0190240324     02.04.04  07.04.14      7.875  98.000  98.000   8.860   8.860
XS0234488236     27.10.05  03.11.15      8.000  91.000  91.000  10.954  10.954
XS0262468654     19.07.06  27.07.16      8.625     n/p     n/p     n/p     n/p
XS0305204595     07.06.07  13.06.17      8.500  60.300  65.195  18.197  16.266
US48668AAA79     05.05.11  11.05.18      8.500  78.625  80.125  13.651  13.234
US486668AA44     27.10.05 perpetual      9.200  56.625  58.500  11.928  11.487
------------ ------------ --------- ---------- ------- ------- ------- -------
KazakhGold
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XS0273371632     26.10.06  06.11.13      9.375 100.000 100.000   9.859   9.859
------------ ------------ --------- ---------- ------- ------- ------- -------
JSC Temirbank
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USY8584LAA18     23.06.10  30.06.22     14.000 106.837 111.234  12.792  12.076
------------ ------------ --------- ---------- ------- ------- ------- -------
LLP Tengizshevroil
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USY8586EAA56     16.11.04  15.11.14      6.124 103.375 103.375   4.877   4.877
------------ ------------ --------- ---------- ------- ------- ------- -------
JSC National company Kazakh Temir Joly
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XS0252313175     28.04.06  11.05.16      7.000 105.781 106.850   5.466   5.196
XS0253694755     29.09.10  06.10.20      6.375 103.638 104.689   5.835   5.683
JSC National Atomic Company Kazatomprom
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XS0510820011     12.05.10  20.05.15      6.250 104.419 105.476   4.799   4.464
------------ ------------ --------- ---------- ------- ------- ------- -------
JSC National Company KazMunaiGas
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XS0441261921     16.07.09  23.01.15     11.750   5.141   4.816   5.141   4.816
XS0506527851     28.04.10  05.05.20      7.000 107.003 107.931   5.918   5.781
XS0556885753     03.11.10  09.04.21      6.375 101.945 102.907   6.095   5.959
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Note: n/p - not priced.

[2012-01-13]