ANNUAL COUPON RATE OF FIVE YEARS EURONOTES OF KAZAKHSTAN - 13.625

/IRBIS, Sep.27, 99/ - Accoprding to the Lead Managers of the third $200 million Kazakhstan loan (Deutsche Bank and ABN AMRO Bank), the price of Euronotes is 98.87% from the debt nominal value. Coupon payment is 13.625% p.a. at the spread of +825 basic points in relation to the five years' US T-Bills. It was iinformed earlier that the bonds will start to circulate in the markets from October 18, 1999.