/KASE, Apr.25, 00/ - According to listing requirements, OJSC "KOMIRBANK" (Almaty, official list of securities, category "A") provided Kazakhstan Stock Exchange (KASE) with its financial statements for the year 1999: balance sheet, income statement, and cash flow statement.

Following are the results of economic and financial activity of the issuer in 1999 (in th. KZT):

As of As of Change, Index January 1 '99 January 1 '00 %

-------------------------------------  -------------  -------------  -------
Authorized capital (nominal value)         1,000,000      1,500,000    +50.0
Shareholders equity                        1,053,690      1,559,653    +48.0
Total liabilities                            353,080      3,005,173   +751.1
Total assets                               1,406,770      4,564,826   +224.5
Liquid assets                                135,383        953,731   +604.5
Loans and deposits                           293,069      1,515,271   +417.0
Loans granted                              1,105,993      2,017,331    +82.4
Income from operating activities             263,342        589,080   +123.7
General expenses                             244,241        562,730   +130.4
Net income                                    19,101         26,350    +38.0
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Calculations based on issuer's data:                    
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Return on equity (ROE), %                       1.81           1.69     -6.8
Return on assets (ROA), %                       1.36           0.58    -57.5
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Compared to 1998 growth has been observed in:

• equity of the bank - by KZT505.96 mln, (including, increase in authorized capital - by KZT500.0 mln, as a result of incorporation of OJSC "Latur Aliyance Bank", undistributed income - by KZT23.11 bln, and decrease in accumulations in the funds - by KZT17.15 mln,); - assets - by KZT3.16 bln; - liabilities - by KZT2.65 bln; - operating income - by KZT325.74 mln; - expenses - by KZT318.49 mln.

Net income of OJSC "KOMIRBANK" in 1999 equaled KZT26.35 mln, that is KZT7.25 mln, or 38.0% more than in 1998.

Dynamics of some of the indicators of OJSC "KOMIRBANK" are shown in the next table on quarterly non-accruing basis (in mln KZT):

Change, Change, Change, Indicator I-99 II-99 % III-99 % IV-99 %

---------- ------- ------- ------- -------  --------  --------  --------
Client 
deposits    -66.23  137.96  +308.3  -46.40    -133.6  1,072.04  +2,410.4
Operating 
income       95.65  177.36   +85.4  228.96     +29.1     87.12     -61.9
Net income    1.89    1.50   -20.7  134.18  +8,839.3   -111.22    -182.9
---------- ------- ------- ------- -------  --------  --------  --------

Since Jan.21,00, coupon bonds of OJSC "KOMIRBANK" (code: KOMBb) have been traded on non-listing floor of KASE. Included in official list of securities of category "A" at Feb.11,00. On March 17, LLP "Tasbaka Asset Management" (Almaty) became a market-maker of registered coupon bonds of the bank. Since the moment of secondary market circulation of the bonds on trade-floors of KASE they have been traded 8 times.