KazTransOil NOTC CJSC: compliance with listing requirements and conclusion of the Listing commission

/KASE, Oct 20, 00/ - Following is the brief reference to the conclusion of the KASE Listing Commission. The reference is published in connection with inclusion of the company's bonds into category "A" of the officials list of KASE securities. COMPLIANCE WITH CATEGORY "A" LISTING REQUIREMENTS As of July 01, 2000, the shareholders equity of KazTransOil NOTC CJSC totals KZT102,897,364 thousands or $721,580,393 (at the official exchange rate as of July 01 , 2000 - KZT142.60). The company, as an independent legal entity was founded 3 years ago. KazTransOil NOTC CJSC has independent auditor's conclusion made by the Arthur Andersen over the balance for 1997 and financial statements for 1998-1999. According to the financial statements of the company compiled in compliance with Kazakhstan accounting standards KazTransOil NOTC CJSC has been profitable during last three years. The income for 1998-99 is confirmed by the Arthur Andersen auditor's conclusion. Kazkommerts Securities OJSC (Almaty) takes market-makers responsibilities for quotations the of KazTransOil bonds. The company registered bonds emission: volume - 300,000 bonds, nominal value - $30,000,000. The register is maintained by independent registrar - Fondovii Centr CJSC (English transcript: Stock Exchange Center). The terms of the issue do not contain norms restraining and limiting transferring rights (alienation). KASE LISTING COMMISSION CONCLUSION After consideration of submitted documents, the Listing Commission of KASE confirms that KazTransOil National Oil Transporting Company closed joint-stock company complies with requirement set by "Securities Listing Regulation" on inclusion of securities into official list of KASE securities, category "A".