KASE COMMITTEE ON INDICES AND SECURITIES VALUATION DEFINES PRICE CORRIDOR PARAMETERS FOR PENSION ASSET MANAGEMENT COMPANIES ON EXCHANGE SECURITIES MARKET

04.02.13 13:21
/KASE, February 4, 13/ - In accordance with a letter from the National Bank of the Republic of Kazakhstan dated February 1, 2013 the Committee on Indices and Securities Valuation of Kazakhstan Stock Exchange (KASE) has defined parameters of price corridors to enable pension asset management companies to calculate maximum allowed purchase and sale prices of securities in KASE trading system. The table below shows values of the limits, basis figures (prices or yield), which are to be used for calculation of absolute values of price corridors and durations of price corridors defined by February 1, 3012 decision of the Committee. According to the Committee's mentioned decision: - the upper limit of securities' purchase price is equal to the upper frontier of the price corridor indicated in the table; however the lower price limit is not restricted; - the lower limit of securities' purchase price is equal to the lower frontier of the price corridor indicated in the table; however the upper price limit is not restricted. -------------------------------------------------------------------------------------- Frontier Basic amount of price (price or yield) for corridor (of calculation of Validity Type (title) basic absolute value of price of securities amount) of price corridor corridor --------------------------------- ------------ --------------------- ----------------- Shares --------------------------------------------------------------------------------------- common shares of KazTransOil +/- 0.75 % closing price of February 4, 2013- preceding trading day February 8, 2013 --------------------------------- ------------ --------------------- ----------------- common shares of Kazakhtelecom +/- 1.83 % closing price of February 4, 2013- preceding trading day February 8, 2013 --------------------------------- ------------ --------------------- ----------------- preferred shares of Kazakhtelecom +/- 1.95 % closing price of February 4, 2013- preceding trading day February 8, 2013 --------------------------------- ------------ --------------------- ----------------- common shares of KazMunaiGas +/- 1.17 % closing price of February 4, 2013- Exploration Production preceding trading day February 8, 2013 --------------------------------- ------------ --------------------- ----------------- preferred shares of KazMunaiGas +/- 1.33 % closing price of February 4, 2013- Exploration Production preceding trading day February 8, 2013 --------------------------------- ------------ --------------------- ----------------- Debt securities whose quotation subject is --------------------------------------------------------------------------------------- "net" price +/- 1.5 % market "net" price February 4, 2013- as of January 1, 2013 March 1, 2013 --------------------------------- ------------ --------------------- ----------------- "dirty" price +/- 2.5 % market "net" price February 4, 2013- as of January 1, 2013 March 1, 2013 --------------------------------- ------------ --------------------- ----------------- GS --------------------------------------------------------------------------------------- Notes of National Bank +/- 0.08 pp yield on market price February 4, 2013- as of January 4, 2013 February 8, 2013 --------------------------------- ------------ --------------------- ----------------- MEKKAM +/- 0.08 pp yield on market price February 4, 2013- as of January 4, 2013 February 8, 2013 --------------------------------- ------------ --------------------- ----------------- MEOKAM (< 366 days to redemption) +/- 0.08 pp yield on market price February 4, 2013- as of January 4, 2013 February 8, 2013 --------------------------------- ------------ --------------------- ----------------- MEUKAM (< 366 days to redemption) +/- 0.08 pp yield on market price February 4, 2013- as of January 4, 2013 February 8, 2013 --------------------------------- ------------ --------------------- ----------------- MEOKAM +/- 0.10 pp yield on market price February 4, 2013- (> 366 and < 1825 days to as of January 4, 2013 February 8, 2013 redemption) --------------------------------- ------------ --------------------- ----------------- MEUKAM +/- 0.10 pp yield on market price February 4, 2013- (> 366 and < 1825 days to as of January 4, 2013 February 8, 2013 redemption) --------------------------------- ------------ --------------------- ----------------- MEOKAM (> 1825 days to +/- 0.18 pp yield on market price February 4, 2013- redemption) as of January 4, 2013 February 8, 2013 --------------------------------- ------------ --------------------- ----------------- MEUKAM (> 1825 days to +/- 0.18 pp yield on market price February 4, 2013- redemption) as of January 4, 2013 February 8, 2013 --------------------------------- ------------ --------------------- ----------------- MEUJKAM +/- 0.21 % yield on market price February 4, 2013- as of January 4, 2013 February 8, 2013 --------------------------------- ------------ --------------------- ----------------- MUIKAM +/- 0.21 % yield on market price February 4, 2013- as of January 4, 2013 February 8, 2013 -------------------------------------------------------------------------------------- Notes to table: market price means the price obtained by the exchange as a result of market valuation in accordance with the Methodology of Securities Valuation; pp - percentage points. Values of corridor frontiers on shares and GS will be reviewed by the Committee on a weekly basis as of the beginning of the first business day of each calendar week. Values of corridor frontiers on corporate bonds will be reviewed on March 1 this year. Data on parameters of price corridors defined by the Committee will be published on the Exchange's website on the first business day of each calendar week until 11:30 (Almaty time) - before the opening of trading in securities. [2013-02-04]