/IRBIS, July 10, 00/ - Today the Ministry of Finance and the National Bank of Kazakhstan held 152nd auction for MEKKAM-6 offering (182 days). Announced volume of the issue is determined at KZT250 mln. Size of satisfaction for incompetitive applications is 50% of specified amount.

Following is the complete offering data and comparison with previous similar auction:

--------------------------------    ------------    -----------
Type of the securities              MEKKAM-6        MEKKAM-6
NSIN                                KZ46L1101A18    KZ46L2212A04
KASE trade code                     MKM006.152      MKM006.151
IRBIS registration number           152/6           151/6
Par value, KZT                      100.00          100.00
Issuance date                       July 10, 00     June 22, 00
Circulation start date              July 13, 00     June 23, 00
Maturity date                       Jan. 11, 01     Dec. 22, 00
Days in circulation                 182             182
Number of Primary dealers           10              ( 0)
Demand, mln KZT                     1,102.5         (+ 609.0)
WA yield on demand, % APR           13.20           (- 0.77)
Planned volume, mln KZT             250.0           (- 50.0)
Actual volume, mln KZT              691.3           (+ 539.4)
Cut-off price, % of par value       93.87           (+ 0.01)
WA price, % of par value            93.87           (+ 0.01)
Maximum yield, % APR                13.06           (- 0.02)
WA yield, % APR                     13.06           (- 0.02)
Effective WA yield, % APR           13.49           (- 0.02)
--------------------------------    ------------    -----------

The Ministry of finance says no applications were submitted by non- residents.