Volume of sale and purchase of State Securities (SS) on KASE - KZT168.7 million

/IRBIS, 06.08.99/ - As a result of the regular trade by internal SS on the Kazakhstan stock exchange the following figures were obtained (average weighted and total trade parameters): Terms, Number of Volume, Annual yield to Type day Securities million KZT redemption, % ------------- ------ ---------- ----------- --------------- Discount, USD 70 2,154 28.0 8.4695 eff. Coupon, KZT 141 140,000 140.8 9.8760 nom. ------------- ------ ---------- ----------- --------------- TOTAL 168.7 The yield of the inflation-adjusted SS is calculated on the average weighted market rate on the date of transaction (132.00 tenge per dollar). The participant's activity today sharply decreased. The application concerned only MEAKAM (all application were satisfied) and the Mangysau municipal bonds, offered at the price of 10.92% p.a.