Additional placement of notes-21 at 98.92 (14.19% APR)

/IRBIS, Sept.02, 99/ - Today the National Bank of Kazakhstan holds an auction on placement of notes with 21 days of circulation (#331/n) within a planed volume of 200 mln tenge. After processing submitted applications the cut-off price was determined at 98.92 tenge (14.19% APR). Primary dealers and their investors were suggested to submit additional applications at 98.92 tenge which equals to 14.19% APR. Compared with previous issuance yield of four week notes did not change.