Results of annual General meeting of shareholders of JSC SHNOS (Kazakhstan)

/KASE, March 01, 00/ - JSC SHNOS (Shymkent, official list of securities, category "A") according to listing requests has presented the Kazakhstan stock exchange (KASE) materials concerning annual General meeting of the shareholders, which was held on February 11, 2000. Shareholders, considering the decision of Board of directors from December 10, 1999 about change in issued (paid) capital of the company, have decided: to cancel the previous (second) shares issue at the simultaneous registration of new issue of 62,322,701 shares. Assertion of the annual financial accounting and annual dividends size and payment is postponed by the shareholders to the moment of receiving of the Arthur Andersen auditor conclusion concerning JSC SHNOS financial accounting for 1999. According to the agenda, the shareholders have affirmed the Counting Commission members for the unlimited term: A. Kharchenko, A. Churbanov, Е. Balgarin. The second issue of the SHNOS shares to the sum of the announced authorized capital of 100,000,000 tenges was registered in the Justice administration of the South-Kazakhstan oblast' on January 11, 1999. The second issue includes 99,996,055 common registered shares and 3,945 preferred registered shares, all of them of 1 tenge nominal. The report concerning the second issue placement was affirmed by the National Securities Commission of Kazakhstan on November 30, 1999.