/IRBIS, Dec.06, 99/ - Results of the next trades in domestic State Securities at Kazakhstan stock exchange including closing quotations:

Yield to Maturity, % APR Days ---------------------------- Volume, till average best best mln Currency Maturity on deals offer bid tenge

--------  -------- -------- -------- ---------- --------
KZT             38    13.01                         49.3
KZT             45    12.65                         17.2
KZT             74    15.47    15.47      15.89     30.2
KZT             85             15.53      15.90
KZT             88    15.63    15.54      15.89     28.9
--------  -------- -------- -------- ---------- --------
USD          1,585            *12.70     *13.65
--------  -------- -------- -------- ---------- --------
TOTAL                                              125.6

* AVMEKAM, full yield to maturity.

Yields, shown for securities denominated in USD, are calculated by IRBIS at the official rate on the transaction date (138.20 tenge per dollar).