About merge of programs of depositary receipts of "KAZAHTELEKOM" (Kazakhstan)
02.11.99 00:00
/IRBIS, Nov.02, 99/ - According to the information of KAZKOMMERTSBANK
(bank - custodian under the programs of the Kazakhstan emitters' depositary
receipts) bank - depositary The Bank of New York merged two programs of
the depositary receipts: KAZAHTELEKOM (Almaty, official list of securities
KASE, "A" category) Reg S (CUSIP# 48666D204, ISIN# US 48666D2045)
and Level-I (CUSIP# 48666D303, ISIN# US 48666D3035) in the uniform
program named Level-I (CUSIP# 48666D204, ISIN# US 48666D2045).
Quoting of the KAZAHTELEKOM depositary receipts on the Berlin stock
exchange began in April, 1998 and proceeds till now. The absence of the
quotations from October 11 till October 13 of the current year is explained by
the mentioned merger.
According to the KAZKOMMERTSBANK official statement, a new symbol for
the KAZAHTELEKOM depositary receipts is KZHXY.