/KASE, July 18, 00/ - OJSC "Komirbank" (Ekibastuz, official list of securities, category "A") in accordance with the listing requirements provided Kazakhstan stock exchange (KASE) with its financial statements for the I quarter of 2000: balance sheet and income statement.

Following are the results of the issuer in the I quarter of 2000 (in th. KZT):

Indicator As of Apr.1,99 As of Apr.1,00 Change, %

------------------------   --------------   --------------   ---------
Authorized capital              1,000,000        1,500,000       +50.0
Shareholders' equity            1,055,581        1,564,201       +48.2
Total assets                    1,295,856        4,241,658      +227.3
Liquid assets                     129,923          749,951      +477.2
Total liabilities                 240,275        2,677,457    +1 014.3
Loans and deposits                410,649        2,081,908      +407.0
Loans granted                   1,028,102        2,833,206      +175.6
Operating income                   95,646          183,069       +91.4
Total expenses                     93,754          178,520       +90.4
Net income of the period            1,892            4,549      +140.4
------------------------   --------------   --------------   ---------

Compared to similar period of 1999 growth took place in: - shareholders' equity - by KZT508.6 mln, or 48.2% (increase in authorized capital as a result of a merger with OJSC "Latur Alliance Bank" by KZT500.0 mln, resulting amount of undistributed income - by KZT38.0 mln, with the decrease in accumulations in the funds by KZT29.4 mln);
- assets - by KZT2,945.8 mln, or 227.3%;
- liabilities - by KZT2,437.2 mln, or 1,014.3%;
- deposits attracted - by KZT1,805.4 mln, or 795.9%;
- operating income - by KZT87.4 mln, or 91.4%;
- expenses - by KZT84.8 bln, or 90.4%.

As a result of an income growing faster than expneses, net income of OJSC "Komirbank" in I quarter of 2000 equaled KZT4.5 mln, or by 2.7 mln or 2.4 times more than in similar period of 1999.