Results of primary additional floatation of the first issue bonds of NNK Kazakhoil CJSC

/IRBIS, June 23, 00, official press-release of the Exchange/ - Kazakhstan Stock Exchange informs that auction on primary additional floatation of NNK KAZAKHOIL CJSC coupon bonds( KZ72LAG56A20, official list of KASE securities, category "A", trade code KZOLb) was held at the trade system of KASE on June 23. The table contains the floatation parameters and complete results of additional floatation. -------------------------------------------- --------------------------- Type of the securities Coupon bond NSIN KZ72LAG56A20 KASE trade code KZOLb Face value, USD 100.00 Registered issue volume, USD 25,000,000.00 Issue date June 05, 2000 Circulation date June 05, 2000 Maturity date June 05, 2002 Term in days 728 Coupon type semiannual Coupon rate, % APR 9.00 Coupon payment dates Dec. 5, 2000, June 5, 2001 Dec. 5, 2001, June 5, 2002 -------------------------------------------- --------------------------- Additional floatation date June 23, 2000 Accumulated interest on the date of additional floatation, % 0.45% Term in days 712 Payment date for additional floatation June 23, 2000 17:00 ALT Planned volume of additional floatation, at face value 1,000,000.00 -------------------------------------------- --------------------------- Number of participants - KASE members 5 Number of submitted bids 23 Volume of bids in bonds 23,000 at face value, USD 2,300,000.00 amount raised, USD 2,203,618.50 amount raised, KZT 314,478,396.14 Demand at announced volume of additional floatation, at face value, % 230.0 Bid prices excluding accumulated interest, % of face value: minimum 93.5900 maximum 96.3200 weighted average 95.3595 -------------------------------------------- --------------------------- Number of satisfied bids 8 Actual additional floatation volume: bonds 8,500 at face value, USD 850,000.00 amount raised, USD 818,515.00 amount raised, KZT 116,810,275.65 Bid prices of additional floatation excluding accumulated interest (net), % of face value: minimum (cut) 95.3400 maximum 96.3200 weighted average 95.8459 -------------------------------------------- --------------------------- Yield to maturity, % APR, (semiannual, annual) minimal 11.1452 / 11.4557 maximal (cut) 11.7361 / 12.0804 weighted average 11.4301 / 11.7564 -------------------------------------------- --------------------------- These securities are paid and serviced in KZT at the weighted average exchange rate of KASE at the payment day. Considering the issue regulations of the emitter, all calculations regarding the servicing the issue are made using 30/360 time base, accepted for processing of this auctions coupon bonds in KASE. Annual and semiannual yields of bonds at the auction are given for convenience. As the securities are denominated in USD, yield is shown in currency terms. Bids' share of pension funds was 45.65%, banks - 50.01%, brokers on behalf of clients - 4.34%. The cutting-off indicated by the emitter fundamentally changes the composition: at actual amount of the issue the size of satisfied bids filled by pension assets management companies was 5.88%, banks - 82.36%, brokers on behalf of clients - 11.76%.