KAZKOMMERTSBANK is listed on the London Stock Exchange

/IRBIS, Sep.23, 99/ - Regulation S Global Depositary Receipts (GDR) of KAZKOMMERTSBANK (Almaty, Official List of KASE, category "A") were included into the Official List of the London Stock Exchange, is stated in the official press release of the KAZKOMMERTSBANK. The Bank has become the first and the only company out of the Central Asia to be listed on the world biggest Exchange. In 1997 KAZKOMMERTSBANK became the first corporate out of the Central Asian to issue Rule 144A ADRs and Regulation S GDRs which have been listed on the Parallel Market of the Istanbul Stock Exchange since autumn 1997 and are traded on the OTC markets in London, Frankfurt and Berlin (no quotation were made since September 1998 on the London Exchange - note of IRBIS). KAZKOMMERTSBANK is the largest bank in Kazakhstan when ranked by assets and equity capital (According to report granted to KASE under a listing requirement, Bank's assets - 65.9 billion tenges, equity capital - 8.5 billion tenges - note of IRBIS). Currently, international investors hold over 32% of KAZKOMMERTSBANK's share capital. Bank is rated by Standard & Poor's, Fitch-IBCA, Moody's and Thomson Financial BankWatch. KAZKOMMERTSBANK is the only Central Asian bank, having issued US$100 million 3 year Eurobond (May 8, 1998 - note of IRBIS).