Results of TEMIRBANK OJSC (Kazakhstan) for the first six months of2000

/KASE, Aug.14, 00/ - TEMIRBANK OJSC (Almaty, official list of securities, category "A") in accordance with the listing requirements provided Kazakhstan Stock Exchange (KASE) with its financial statements for the first six months of year 2000: balance sheet and income statement. Following are the results of the issuer for in first half year of 2000 (in th. KZT): ----------------------------------------------------------------------------- As of As of Change, Indicator July 1, 99 July 1, 00 % ----------------------------------------------------------------------------- Authorised capital (announced) 1,000,000 1,400,000 +40.0 Authorised capital (less bought out shares) 991,047 1,391,250 +40.4 Shareholders' equity 1,320,060 1,969,543 +49.2 Total assets 7,213,072 10,866,876 +50.7 Liquid assets 2,933,853 2,459,320 -16.2 Loans granted 3,064,590 7,454,450 +143.2 Lending and deposits 5,780,557 8,747,536 +51.3 Operating income 992,711 1,348,625 +35.9 General expenses 984,629 1,238,309 +25.8 Net income of the period 8,082 110,316 +1,365.0 Book value of one share, tenge 1,331.99 1,415.66 +6.3 ----------------------------------------------------------------------------- Compared to similar period of 1999 growth took place in: - shareholders' equity of the bank grew by KZT649.5 mln, or 49.2% (paid up part of authorised capital - by KZT400.2 mln, additional capital - by KZT20.0 mln, the total amount of undistributed income - by KZT191.7 mln, accumulations in funds and reserves - by KZT37.6 mln); - assets - by KZT3.7 bln, or 50.7%; - liabilities - by KZT3.0 bln, or 51.0% (KZT2.6 bln - growth in deposits); - operating income - by KZT355.9 mln, or 35.9%; - expenses - by KZT253.7 mln, or 25.8%. Net income of the TEMIRBANK OJSC in first half year equalled KZT110.3 mln, or by 102.2 mln or 13.6 times more than in similar period of 1999.