The first issue bonds of RG BRANDS LLP (Kazakhstan) of the second transh are de-listed due to redemption

/KASE, July 26, 00/ - KASE informs that the circulation of the first issue coupon inscribed bonds of RJ BRANDS LLP of the second transh (Almaty, sector "Non-listing Securities", first admission level, KZ29KABK7A06, trade code - RGBRb, Jan. 27- July 25, 2000, coupon rate 17% APR, face value $100) matured on July 25, 2000. As a result, by the decision of the KASE Board dated July 26, 2000 these securities were de-listed from trade lists of the Exchange. RG Securities LLP (Almaty, Kazakhstan) has officially informed KASE about clearing of all commitments to the holders. The repayment was made at the exchange rate of KASE set on July 24, 2000. The indicated bonds were allowed to the circulation on the Exchange on Jan. 27, 2000 by the decree of KASE Board in connection with redemption of first transh securities. The total volume of RG BRANDS bonds issue is $500,000 has been shared into two $250,000 transhes. The insurer of the issuers liabilities is BTA Insurance company. The bonds are placed among the investors at the nominal value taking into account the accumulated interest at the sale date. The payment is made in tenge at the KZT/USD weighted average rate of KASE on the date of transaction. Total volume of the second transh (2,500 bonds, $250,000) was placed at KASE on Dec. 10 and 13, 1999. Floatation price (including accumulated interest) amounted $101.55 and $102.19 that is corresponding with 19.91 and 15.95% APR consequently (according commonly accepted estimation procedure in Kazakhstan). Since then, there were no deals with these securities at KASE.