From January 27 2nd tranche of LLP "RG BRANDS" (Kazakhstan) bonds on non-listing floor of KASE

/IRBIS, Jan.27, 00/ - From January 27, 2000 due to the end of circulation term of the 1st tranche of inscribed coupon bonds secured by LLP "RG BRANDS" (Almaty, "Non-listing securities" sector, first admittance level), and by the decision of the Board of Kazakhstan stock exchange (KASE) the bonds of the 2nd tranche with the following parameters are allowed to circulation on the Exchange: - volume of tranche, USD: 250,000 - par value, USD: 100 - coupon (interest): 17% APR - coupon (interest) payment date: July 24, 2000 - bond maturity date: July 24, 2000 - circulation ends: five banking days prior to the maturity Due to the fact that both 1st and 2nd tranches are the part of a single issue and have one national identification number - KZ29KABK7A06, trade code of the bonds was kept the same (RGBRb). Again, total issue volume of the bonds - $500,000 was divided into two tranches $250,000 each. The collateral of the bonds is an insurance policy of "BTA Insurance". The bonds are placed among investors at par value, including accumulated interest on the offering date. Payments for purchased bonds are made in tenge at weighted average KZT/USD rate of the Exchange effective on the date the deal was made. The 2nd tranche of bonds will mature and their coupons are paid in Kazakhstani tenges at weighted average KZT/USD rate of the Exchange effective on the date prior to the maturity - July 23, 2000.