/CORRECTED/ List of primary dealers of the Ministry of Finance of Kazakhstan for state securities market changed

/IRBIS, Dec.13, 99, retransmitted due to a correction in the last paragraph/ - CJSC "Central depository of securities" informs the list of primary dealers of the Ministry of finance of Kazakhstan for state securities market changed. State enterprise for postal services was entered into the list, license of OJSC "Bank Kaspiiskii" was restored. License of OJSC "Neftekhimbank" was revoked. The list of primary dealers of the Ministry of finance includes 14 companies: OJSC "Kazkommertsbank", OJSC "Halyk Bank of Kazakhstan", CJSC "ABN AMRO Bank of Kazakhstan", OJSC "Temirbank", OJSC "Bank CenterCredit", CJSC "KZI-Bank", OJSC "TexaKaBank", JSC ATFB, OJSC "Bank TuranAlem", CJSC "Citibank Kazakhstan", Republican state enterprise of postal services, OJSC "Bank Kaspiiskii", CJSC "Evraziiskii", AB "Alfa- bank". Primary dealer license of AB "Alfa-bank" has been suspended until December 18 of this year. Headquarters of these companies are in financial capital of Kazakhstan Almaty. By Kazakhstani norms, securities of the Ministry of finance can be purchased by investors at auctions only through Primary dealers who maintain their own accounts of their clients. It should be noted investors also have to work in country's secondary market through Primary dealers, including deals on KASE. A legal entity, who is a member of KASE in category "K" (right to participate in trades in SS), can make a deal in securities of the Ministry of finance at the Exchange bypassing a Primary dealer only if it has corresponding authorization from him and further confirmation of the deal by the Primary agent.