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

11.03.13 11:41
/KASE, March 11, 13/ – In accordance with the letter from the National Bank of the Republic of Kazakhstan dated February 1, 2013 the Committee on Indices and Securities Valuation (Committee) of Kazakhstan Stock Exchange (KASE) has defined parameters of price corridors to enable pension asset management companies to calculate maximum allowed purchase or 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 March 11, 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, for common shares of JSC "KazTransOil" – not higher than KZT850 per share with the lower limit of the price being not restricted; – the lower limit of securities' selling price is equal to the lower frontier of the price corridor indicated in the table; however for common shares of JSC "KazTransOil" – not lower than KZT750 per share with the upper limit of the price being 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 +/-0.48 % closing price of March 11, 2013– KazTransOil preceding trading day March 15, 2013 common shares of +/-1.73 % closing price of March 11, 2013– Kazakhtelecom preceding trading day March 15, 2013 preferred shares of +/-1.81 % closing price of March 11, 2013– Kazakhtelecom preceding trading day March 15, 2013 common shares of +/-1.11 % closing price of March 11, 2013– KazMunaiGas preceding trading day March 15, 2013 Exploration Production preferred shares of +/-1.18 % closing price of March 11, 2013– KazMunaiGas preceding trading day March 15, 2013 Exploration Production - ---------------------- ------------ --------------------- --------------- Debt securities whose quotation subject is --------------------------------------------------------------------------- "net" price +/-1.5 % market "net" price March 11, 2013– as of January 1, 2013 March 15, 2013 "dirty" price +/-2.5 % market "dirty" price March 11, 2013– as of January 1, 2013 March 15, 2013 - ---------------------- ------------ --------------------- --------------- GS --------------------------------------------------------------------------- Notes of National Bank +/-0.08 pp yield at market price March 11, 2013– as of March 11, 2013 March 15, 2013 MEKKAM +/-0.08 pp yield at market price March 11, 2013– as of March 11, 2013 March 15, 2013 MEOKAM (< 366 days +/-0.08 pp yield at market price March 11, 2013– to redemption) as of March 11, 2013 March 15, 2013 MEUKAM (< 366 days +/-0.08 pp yield at market price March 11, 2013– to redemption) as of March 11, 2013 March 15, 2013 MEOKAM +/-0.08 pp yield at market price March 11, 2013– (> 366 and < 1825 days as of March 11, 2013 March 15, 2013 to redemption) MEUKAM +/-0.08 pp yield at market price March 11, 2013– (> 366 and < 1825 days as of March 11, 2013 March 15, 2013 to redemption) MEOKAM (> 1825 days +/-0.15 pp yield at market price March 11, 2013– to redemption) as of March 11, 2013 March 15, 2013 MEUKAM (> 1825 days +/-0.15 pp yield at market price March 11, 2013– to redemption) as of March 11, 2013 March 15, 2013 MEUJKAM +/-0.22 % market "dirty" price March 11, 2013– as of March 11, 2013 March 15, 2013 MUIKAM +/-0.22 % market "dirty" price March 11, 2013– as of March 11, 2013 March 15, 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 April 1 this year. [2013-03-11]